Bamco Inc. NY increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 70,540 shares of the real estate investment trust’s stock after buying an additional 814 shares during the period. Bamco Inc. NY’s holdings in Digital Realty Trust were worth $8,035,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of DLR. Nomura Asset Management Co. Ltd. boosted its holdings in Digital Realty Trust by 0.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 146,931 shares of the real estate investment trust’s stock valued at $16,735,000 after purchasing an additional 879 shares during the period. AMP Capital Investors Ltd boosted its holdings in Digital Realty Trust by 16.2% in the 4th quarter. AMP Capital Investors Ltd now owns 299,387 shares of the real estate investment trust’s stock valued at $34,100,000 after purchasing an additional 41,703 shares during the period. Aristotle Atlantic Partners LLC bought a new stake in Digital Realty Trust in the 4th quarter valued at $337,000. Driehaus Capital Management LLC boosted its holdings in Digital Realty Trust by 44.8% in the 4th quarter. Driehaus Capital Management LLC now owns 15,640 shares of the real estate investment trust’s stock valued at $1,781,000 after purchasing an additional 4,841 shares during the period. Finally, MANA Advisors LLC bought a new stake in Digital Realty Trust in the 4th quarter valued at $334,000. 99.95% of the stock is owned by institutional investors and hedge funds.
Shares of Digital Realty Trust stock traded down $2.45 during mid-day trading on Monday, reaching $102.93. 954,492 shares of the stock were exchanged, compared to its average volume of 1,555,648. The stock has a market capitalization of $21,652.46, a P/E ratio of 16.76, a price-to-earnings-growth ratio of 2.37 and a beta of -0.02. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.88. Digital Realty Trust, Inc. has a fifty-two week low of $96.56 and a fifty-two week high of $127.23.
Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, February 15th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.52 by ($1.18). The firm had revenue of $731.45 million for the quarter, compared to analyst estimates of $729.30 million. Digital Realty Trust had a return on equity of 4.03% and a net margin of 10.10%. equities analysts anticipate that Digital Realty Trust, Inc. will post 6.54 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Thursday, March 15th were given a dividend of $1.01 per share. The ex-dividend date of this dividend was Wednesday, March 14th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 3.92%. This is a boost from Digital Realty Trust’s previous quarterly dividend of $0.93. Digital Realty Trust’s dividend payout ratio (DPR) is 65.80%.
A number of brokerages have recently issued reports on DLR. Robert W. Baird restated a “buy” rating and issued a $125.00 price objective on shares of Digital Realty Trust in a research note on Friday, February 23rd. ValuEngine upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, March 14th. Barclays dropped their price objective on shares of Digital Realty Trust from $139.00 to $136.00 and set an “overweight” rating for the company in a research note on Tuesday, January 30th. UBS upgraded shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating in a research note on Monday, March 12th. Finally, TheStreet upgraded shares of Digital Realty Trust from a “c+” rating to a “b” rating in a research note on Thursday, February 15th. Six equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $122.25.
In related news, SVP Christopher Kenney sold 10,000 shares of the stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $103.47, for a total transaction of $1,034,700.00. Following the completion of the sale, the senior vice president now owns 10,000 shares in the company, valued at approximately $1,034,700. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.40% of the company’s stock.
Digital Realty Trust Profile
Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.
Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.