Waterloo Capital L.P. Buys 1,180 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Waterloo Capital L.P. raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 7.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,997 shares of the real estate investment trust’s stock after purchasing an additional 1,180 shares during the quarter. Waterloo Capital L.P.’s holdings in Digital Realty Trust were worth $3,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of DLR. Norges Bank bought a new stake in Digital Realty Trust in the 4th quarter worth approximately $3,858,428,000. Alliancebernstein L.P. lifted its holdings in shares of Digital Realty Trust by 91.7% in the 4th quarter. Alliancebernstein L.P. now owns 1,529,796 shares of the real estate investment trust’s stock worth $271,279,000 after acquiring an additional 731,690 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Digital Realty Trust in the 4th quarter valued at $125,336,000. Vanguard Group Inc. grew its holdings in shares of Digital Realty Trust by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 51,453,186 shares of the real estate investment trust’s stock valued at $9,124,193,000 after purchasing an additional 469,823 shares during the last quarter. Finally, National Pension Service grew its holdings in shares of Digital Realty Trust by 88.8% during 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 during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on DLR shares. Barclays cut their price target on shares of Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating for the company in a research report on Thursday, March 20th. StockNews.com lowered Digital Realty Trust from a “hold” rating to a “sell” rating in a research 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 company from $185.00 to $194.00 in a research report on Wednesday, January 15th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Finally, UBS Group upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their price target for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $184.33.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $137.45 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $135.53 and a fifty-two week high of $198.00. The stock 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. The stock’s 50 day simple moving average is $156.26 and its two-hundred day simple moving average is $169.28. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07.

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 for the quarter, topping 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 expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.55%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 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.