Amundi Purchases 134,228 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Amundi boosted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 10.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,451,440 shares of the real estate investment trust’s stock after acquiring an additional 134,228 shares during the period. Amundi owned 0.44% of Digital Realty Trust worth $262,522,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DLR. OneDigital Investment Advisors LLC increased its position in shares of Digital Realty Trust by 3.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock worth $305,000 after purchasing an additional 59 shares during the last quarter. Stolper Co increased its holdings in shares of Digital Realty Trust by 0.5% during the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock worth $2,243,000 after acquiring an additional 64 shares during the last quarter. Bleakley Financial Group LLC raised its stake in Digital Realty Trust by 1.5% in the 4th quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust’s stock valued at $769,000 after acquiring an additional 64 shares during the period. TD Private Client Wealth LLC lifted its holdings in Digital Realty Trust by 6.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust’s stock valued at $176,000 after purchasing an additional 67 shares during the last quarter. Finally, Catalina Capital Group LLC boosted its position in Digital Realty Trust by 3.1% during the fourth quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust’s stock worth $424,000 after purchasing an additional 72 shares during the period. Institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DLR. JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $147.00 to $205.00 in a report on Tuesday, January 7th. Barclays increased their target price on Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research note on Monday, November 18th. Finally, Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the stock from $185.00 to $194.00 in a research note on Wednesday, January 15th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $181.00.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.17% of the company’s stock.

Digital Realty Trust Trading Up 0.5 %

Shares of NYSE:DLR opened at $149.13 on Friday. The company has a market capitalization of $50.20 billion, a P/E ratio of 92.06, a P/E/G ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a 1 year low of $135.54 and a 1 year high of $198.00. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The business’s 50 day simple moving average is $168.64 and its 200 day simple moving average is $170.01.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. On average, research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date of this dividend is Friday, March 14th. Digital Realty Trust’s dividend payout ratio is presently 301.23%.

Digital Realty Trust Profile

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.