Digital Realty Trust, Inc. $DLR Stake Boosted by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,083,995 shares of the real estate investment trust’s stock after buying an additional 36,073 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Digital Realty Trust were worth $188,973,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Greykasell Wealth Strategies Inc. acquired a new stake in shares of Digital Realty Trust during the first quarter valued at approximately $26,000. Tobam purchased a new position in Digital Realty Trust during the 2nd quarter worth approximately $28,000. WPG Advisers LLC acquired a new stake in Digital Realty Trust during the 1st quarter valued at $30,000. 1 North Wealth Services LLC purchased a new stake in shares of Digital Realty Trust in the first quarter valued at $31,000. Finally, AdvisorShares Investments LLC acquired a new stake in shares of Digital Realty Trust in the second quarter worth $32,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Digital Realty Trust

In other news, CEO Andrew Power sold 53,269 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $175.16, for a total transaction of $9,330,598.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is owned by corporate insiders.

Digital Realty Trust Price Performance

Shares of DLR opened at $158.30 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.22 and a current ratio of 2.02. The firm has a market cap of $54.38 billion, a PE ratio of 40.90, a PEG ratio of 4.13 and a beta of 0.96. The firm’s 50 day moving average price is $171.44 and its 200 day moving average price is $171.12. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.15 EPS for the quarter. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. The company had revenue of $1.58 billion for the quarter. As a group, research analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Monday, December 15th will be issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.1%. The ex-dividend date is Monday, December 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 126.10%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Truist Financial upped their price target on Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Moffett Nathanson upped their target price on Digital Realty Trust from $163.00 to $166.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Citigroup raised their price target on shares of Digital Realty Trust from $200.00 to $212.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Wall Street Zen lowered shares of Digital Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 8th. Finally, Raymond James Financial increased their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “strong-buy” rating in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $198.14.

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.