Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 31.0% during the fourth quarter, HoldingsChannel reports. The fund owned 43,136 shares of the real estate investment trust’s stock after buying an additional 10,210 shares during the period. Teacher Retirement System of Texas’ holdings in Digital Realty Trust were worth $7,649,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sierra Ocean LLC acquired a new position in Digital Realty Trust during the fourth quarter worth $29,000. FNY Investment Advisers LLC acquired a new position in Digital Realty Trust during the fourth quarter worth $35,000. Fairway Wealth LLC acquired a new position in Digital Realty Trust during the fourth quarter worth $35,000. Versant Capital Management Inc grew its holdings in Digital Realty Trust by 480.6% during the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 173 shares during the period. Finally, Centricity Wealth Management LLC acquired a new stake in Digital Realty Trust in the fourth quarter valued at $37,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Ratings Changes

DLR has been the topic of several research reports. Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. JMP Securities reissued a “market outperform” rating and issued a $220.00 target price on shares of Digital Realty Trust in a report on Tuesday, February 18th. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their target price for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Finally, Scotiabank raised Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 target price on the stock in a report on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus target price of $179.95.

Digital Realty Trust Stock Performance

NYSE DLR opened at $150.76 on Friday. The business’s 50-day moving average price is $162.82 and its 200 day moving average price is $169.91. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month high of $198.00. The company has a market capitalization of $50.75 billion, a PE ratio of 93.06, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, topping 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%. On average, research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $1.22 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.24%. Digital Realty Trust’s dividend payout ratio (DPR) is 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.