Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by Mirabaud Asset Management Ltd

Mirabaud Asset Management Ltd increased its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 4.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,955 shares of the real estate investment trust’s stock after purchasing an additional 783 shares during the quarter. Digital Realty Trust accounts for about 1.5% of Mirabaud Asset Management Ltd’s holdings, making the stock its 22nd largest holding. Mirabaud Asset Management Ltd’s holdings in Digital Realty Trust were worth $3,164,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Sierra Ocean LLC acquired a new position in shares of Digital Realty Trust during the 4th quarter worth approximately $29,000. FNY Investment Advisers LLC purchased a new position in Digital Realty Trust during the fourth quarter valued at $35,000. Fairway Wealth LLC acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $35,000. Versant Capital Management Inc raised its position in shares of Digital Realty Trust by 480.6% during the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 173 shares during the last quarter. Finally, Centricity Wealth Management LLC purchased a new position in shares of Digital Realty Trust in the fourth quarter valued at approximately $37,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on DLR shares. StockNews.com lowered Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 22nd. JPMorgan Chase & Co. raised their price target on shares of Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Wells Fargo & Company dropped their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a research note on Tuesday, February 4th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Finally, Mizuho lowered their target price on Digital Realty Trust from $211.00 to $177.00 and set an “outperform” rating on the stock in a report on Friday, March 28th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.33.

Digital Realty Trust Stock Down 2.6 %

Shares of NYSE DLR opened at $137.45 on Friday. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The business’s 50 day moving average is $156.26 and its two-hundred day moving average is $169.20. Digital Realty Trust, Inc. has a 52-week low of $135.53 and a 52-week high of $198.00. The firm has a market cap of $46.27 billion, a price-to-earnings ratio of 84.85, a PEG ratio of 4.38 and a beta of 0.92.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Research analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.55%. The ex-dividend date of this dividend was Friday, March 14th. Digital Realty Trust’s payout ratio is 301.23%.

About Digital Realty Trust

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.