Fielder Capital Group LLC acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 32,502 shares of the real estate investment trust’s stock, valued at approximately $5,837,000. Digital Realty Trust comprises approximately 1.3% of Fielder Capital Group LLC’s investment portfolio, making the stock its 21st largest holding.
A number of other hedge funds have also added to or reduced their stakes in DLR. Sunbelt Securities Inc. lifted its position in Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 125 shares in the last quarter. Bell Investment Advisors Inc increased its position in shares of Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 62 shares during the last quarter. Harvest Fund Management Co. Ltd raised its stake in shares of Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 165 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Digital Realty Trust in the third quarter valued at $34,000. Finally, MCF Advisors LLC acquired a new stake in Digital Realty Trust in the fourth quarter valued at $35,000. Institutional investors own 99.71% of the company’s stock.
Digital Realty Trust Trading Down 0.0%
Shares of Digital Realty Trust stock opened at $200.07 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a 50-day moving average of $185.78 and a 200-day moving average of $184.53. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The stock has a market cap of $74.03 billion, a PE ratio of 97.12, a PEG ratio of 5.67 and a beta of 1.03.
Digital Realty Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 236.89%.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the stock. BMO Capital Markets upped their target price on shares of Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a report on Monday, April 20th. UBS Group raised their price objective on Digital Realty Trust from $225.00 to $227.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Mizuho set a $223.00 price target on Digital Realty Trust in a research note on Monday, August 10th. Weiss Ratings cut shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Finally, Sanford C. Bernstein increased their price objective on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $219.13.
View Our Latest Stock Report on DLR
Digital Realty Trust Profile
Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.
Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.
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