UniSuper Management Pty Ltd Buys 6,396 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

UniSuper Management Pty Ltd raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 478,884 shares of the real estate investment trust’s stock after buying an additional 6,396 shares during the quarter. Digital Realty Trust comprises 0.6% of UniSuper Management Pty Ltd’s portfolio, making the stock its 27th biggest position. UniSuper Management Pty Ltd’s holdings in Digital Realty Trust were worth $84,920,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Digital Realty Trust in the third quarter valued at approximately $354,000. Cerity Partners LLC raised its stake in Digital Realty Trust by 63.6% during the 3rd quarter. Cerity Partners LLC now owns 46,355 shares of the real estate investment trust’s stock worth $7,502,000 after buying an additional 18,024 shares during the period. Kingsview Wealth Management LLC raised its stake in Digital Realty Trust by 11.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 2,549 shares of the real estate investment trust’s stock worth $413,000 after buying an additional 272 shares during the period. DRW Securities LLC bought a new position in Digital Realty Trust during the third quarter worth about $201,000. Finally, Truvestments Capital LLC bought a new stake in shares of Digital Realty Trust in the third quarter worth about $152,000. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Performance

Shares of DLR stock opened at $149.37 on Thursday. The stock has a market cap of $50.29 billion, a P/E ratio of 92.21, a P/E/G ratio of 4.38 and a beta of 0.65. The company has a fifty day moving average price of $161.53 and a two-hundred day moving average price of $169.97. Digital Realty Trust, Inc. has a one year low of $135.54 and a one 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.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 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%. As a group, equities 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 declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend is Friday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 301.23%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on DLR shares. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. Scotiabank upgraded shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price target for the company in a report on Tuesday, February 18th. Truist Financial dropped their price objective on shares of Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating on the stock in a report on Monday, March 10th. Wells Fargo & Company reduced their target price 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. Finally, StockNews.com lowered Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 22nd. Two 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. According to data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus target price of $179.95.

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.