45,727 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Bought by Bcwm LLC

Bcwm LLC purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 45,727 shares of the real estate investment trust’s stock, valued at approximately $8,109,000. Digital Realty Trust comprises about 2.9% of Bcwm LLC’s portfolio, making the stock its 13th largest holding.

Other hedge funds have also bought and sold shares of the company. Sierra Ocean LLC bought a new position in Digital Realty Trust during the fourth quarter valued at approximately $29,000. FNY Investment Advisers LLC purchased a new position in shares of Digital Realty Trust in the fourth quarter valued at $35,000. Fairway Wealth LLC bought a new stake in Digital Realty Trust in the fourth quarter worth $35,000. Versant Capital Management Inc raised its stake 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 valued at $37,000 after purchasing an additional 173 shares in the last quarter. Finally, Centricity Wealth Management LLC bought a new position in Digital Realty Trust during the fourth quarter valued at $37,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on DLR. StockNews.com downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 22nd. Wells Fargo & Company cut their target price on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock 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. Barclays cut their price objective on shares of Digital Realty Trust from $142.00 to $139.00 and set an “underweight” rating on the stock in a research report on Thursday, March 20th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price target for the stock from $185.00 to $194.00 in a research note on Wednesday, January 15th. Two investment 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $180.32.

Digital Realty Trust Price Performance

NYSE DLR opened at $142.10 on Friday. The firm’s 50 day moving average price is $160.10 and its 200-day moving average price is $169.84. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The company has a market cap of $47.84 billion, a PE ratio of 87.71, a P/E/G ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a 52-week low of $135.54 and a 52-week high of $198.00.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm 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 dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.43%. Digital Realty Trust’s dividend payout ratio is presently 301.23%.

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.