PDS Planning Inc Acquires 98 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

PDS Planning Inc grew its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 7.4% in the fourth quarter, Holdings Channel reports. The firm owned 1,428 shares of the real estate investment trust’s stock after buying an additional 98 shares during the quarter. PDS Planning Inc’s holdings in Digital Realty Trust were worth $253,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Sierra Ocean LLC bought a new stake in shares of Digital Realty Trust in the 4th quarter worth $29,000. FNY Investment Advisers LLC bought a new stake in shares of Digital Realty Trust in the 4th quarter worth $35,000. Fairway Wealth LLC bought a new stake in shares of Digital Realty Trust in the 4th quarter worth $35,000. Versant Capital Management Inc increased its holdings in shares of Digital Realty Trust by 480.6% in the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 173 shares in the last quarter. Finally, Centricity Wealth Management LLC bought a new stake in shares of Digital Realty Trust in the 4th quarter worth $37,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock opened at $151.08 on Thursday. The stock’s 50-day simple moving average is $163.85 and its 200-day simple moving average is $169.91. Digital Realty Trust, Inc. has a 52 week low of $135.54 and a 52 week high of $198.00. The company has a market capitalization of $50.86 billion, a price-to-earnings ratio of 93.26, a PEG ratio of 4.38 and a beta of 0.65. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $1.22 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.23%. Digital Realty Trust’s dividend payout ratio is currently 301.23%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DLR. Scotiabank raised Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price objective for the company in a report on Tuesday, February 18th. Stifel Nicolaus lifted their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. JMP Securities reaffirmed a “market outperform” rating and issued a $220.00 price objective on shares of Digital Realty Trust in a report on Tuesday, February 18th. JPMorgan Chase & Co. lifted their price objective on Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Finally, Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $180.11.

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.