Perpetual Ltd Has $2.58 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Perpetual Ltd boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 21.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 14,560 shares of the real estate investment trust’s stock after acquiring an additional 2,570 shares during the quarter. Perpetual Ltd’s holdings in Digital Realty Trust were worth $2,582,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First United Bank & Trust grew its holdings in shares of Digital Realty Trust by 10.9% during the fourth quarter. First United Bank & Trust now owns 5,094 shares of the real estate investment trust’s stock valued at $903,000 after buying an additional 502 shares during the last quarter. Ballentine Partners LLC boosted its stake in Digital Realty Trust by 1.9% during the 4th quarter. Ballentine Partners LLC now owns 7,653 shares of the real estate investment trust’s stock valued at $1,357,000 after purchasing an additional 146 shares during the last quarter. Harbor Investment Advisory LLC increased its holdings in Digital Realty Trust by 53.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 16,561 shares of the real estate investment trust’s stock worth $2,937,000 after purchasing an additional 5,788 shares in the last quarter. Smith Salley Wealth Management raised its stake in shares of Digital Realty Trust by 4.6% in the fourth quarter. Smith Salley Wealth Management now owns 11,149 shares of the real estate investment trust’s stock worth $1,977,000 after purchasing an additional 495 shares during the last quarter. Finally, Jackson Square Capital LLC lifted its holdings in shares of Digital Realty Trust by 20.4% in the fourth quarter. Jackson Square Capital LLC now owns 5,501 shares of the real estate investment trust’s stock valued at $975,000 after purchasing an additional 931 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

DLR has been the subject of a number of analyst reports. Wells Fargo & Company increased their price target on Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, December 10th. Hsbc Global Res upgraded shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a report on Friday, October 4th. HSBC raised shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and upped their price objective for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. Scotiabank boosted their target price on Digital Realty Trust from $157.00 to $178.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Finally, Barclays increased their price target on Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a research report on Monday, November 18th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus price target of $177.32.

Insider Activity at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction that occurred 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 legal filing with the SEC, which is available through this link. 0.17% of the stock is owned by corporate insiders.

Digital Realty Trust Stock Up 2.9 %

DLR opened at $183.56 on Wednesday. The company has a 50 day moving average of $183.10 and a 200 day moving average of $167.08. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 12 month low of $131.42 and a 12 month high of $198.00. The company has a market cap of $60.89 billion, a PE ratio of 154.25, a price-to-earnings-growth ratio of 4.48 and a beta of 0.64.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.58). The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. Digital Realty Trust’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.62 earnings per share. On average, sell-side analysts expect that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, December 13th were given a $1.22 dividend. The ex-dividend date was Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.66%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 410.08%.

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.