Wellington Management Group LLP Has $57.75 Million Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Wellington Management Group LLP grew its position in Digital Realty Trust, Inc. (NYSE:DLR) by 4.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 325,678 shares of the real estate investment trust’s stock after purchasing an additional 13,259 shares during the quarter. Wellington Management Group LLP’s holdings in Digital Realty Trust were worth $57,752,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in DLR. Vanguard Group Inc. grew its holdings in Digital Realty Trust by 0.9% in 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 buying an additional 469,823 shares in the last quarter. Norges Bank bought a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $3,858,428,000. Principal Financial Group Inc. grew its stake in shares of Digital Realty Trust by 2.0% in the fourth quarter. Principal Financial Group Inc. now owns 3,950,237 shares of the real estate investment trust’s stock valued at $700,486,000 after acquiring an additional 79,322 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Digital Realty Trust by 3.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,632,752 shares of the real estate investment trust’s stock worth $644,196,000 after acquiring an additional 122,090 shares during the period. Finally, Amundi raised its stake in Digital Realty Trust by 10.2% in the 4th quarter. Amundi now owns 1,451,440 shares of the real estate investment trust’s stock worth $262,522,000 after purchasing an additional 134,228 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on DLR shares. Truist Financial lowered their target price on shares of Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating on the stock in a report on Monday, March 10th. Scotiabank upgraded Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price objective on the stock in a research note on Tuesday, February 18th. Wells Fargo & Company cut their target price on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and raised their price target for the stock from $147.00 to $205.00 in a research report on Tuesday, January 7th. Finally, Barclays cut their price objective 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. Two investment 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 a consensus price target of $184.33.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $137.45 on Friday. The company has a market capitalization of $46.27 billion, a PE ratio of 84.85, a P/E/G ratio of 4.38 and a beta of 0.92. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The stock has a 50-day moving average price of $156.26 and a two-hundred day moving average price of $169.28. Digital Realty Trust, Inc. has a 12 month low of $135.53 and a 12 month high of $198.00.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced 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. This represents a $4.88 annualized dividend and a yield of 3.55%. The ex-dividend date was Friday, March 14th. Digital Realty Trust’s dividend payout ratio 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.