Smartleaf Asset Management LLC Has $445,000 Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Smartleaf Asset Management LLC raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 33.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,524 shares of the real estate investment trust’s stock after purchasing an additional 632 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Digital Realty Trust were worth $445,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Digital Realty Trust by 501.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock worth $700,224,000 after buying an additional 3,607,802 shares during the last quarter. Point72 Asset Management L.P. acquired a new position in Digital Realty Trust during the third quarter worth about $132,980,000. Sycomore Asset Management bought a new position in shares of Digital Realty Trust in the third quarter worth about $80,915,000. National Pension Service boosted its stake in shares of Digital Realty Trust by 88.8% in the 4th quarter. National Pension Service now owns 788,426 shares of the real estate investment trust’s stock valued at $139,812,000 after purchasing an additional 370,835 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in shares of Digital Realty Trust during the 4th quarter valued at approximately $38,428,000. Institutional investors own 99.71% of the company’s stock.

Insider Buying and Selling

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.17% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on DLR shares. UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and increased their price objective for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. StockNews.com downgraded Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 22nd. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Stifel Nicolaus increased their target price on Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Finally, JMP Securities restated a “market outperform” rating and set a $220.00 price target on shares of Digital Realty Trust in a report on Tuesday, February 18th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $181.00.

Digital Realty Trust Stock Performance

Shares of DLR opened at $155.80 on Wednesday. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The firm’s fifty day simple moving average is $170.30 and its two-hundred day simple moving average is $170.10. Digital Realty Trust, Inc. has a 12 month low of $135.54 and a 12 month high of $198.00. The stock has a market capitalization of $52.45 billion, a P/E ratio of 96.17, a price-to-earnings-growth ratio of 4.38 and a beta of 0.63.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 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%. As a group, analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.13%. Digital Realty Trust’s payout ratio is presently 301.23%.

Digital Realty Trust Company 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.