Keybank National Association OH Grows Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Keybank National Association OH grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 9.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 22,251 shares of the real estate investment trust’s stock after purchasing an additional 1,856 shares during the period. Keybank National Association OH’s holdings in Digital Realty Trust were worth $3,946,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in DLR. OneDigital Investment Advisors LLC lifted its stake in shares of Digital Realty Trust by 3.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock valued at $305,000 after buying an additional 59 shares in the last quarter. Stolper Co lifted its stake in shares of Digital Realty Trust by 0.5% during the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock valued at $2,243,000 after buying an additional 64 shares in the last quarter. Bleakley Financial Group LLC lifted its stake in shares of Digital Realty Trust by 1.5% during the 4th quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust’s stock valued at $769,000 after buying an additional 64 shares in the last quarter. TD Private Client Wealth LLC lifted its stake in shares of Digital Realty Trust by 6.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust’s stock valued at $176,000 after buying an additional 67 shares in the last quarter. Finally, Catalina Capital Group LLC lifted its stake in shares of Digital Realty Trust by 3.1% during the 4th quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust’s stock valued at $424,000 after buying an additional 72 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CFO Matt Mercier sold 2,518 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

DLR has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their target price for the company from $185.00 to $194.00 in a research note on Wednesday, January 15th. JPMorgan Chase & Co. boosted their price target on shares of Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Stifel Nicolaus boosted their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Scotiabank upgraded shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price target on the stock in a research note on Tuesday, February 18th. Finally, Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average price target of $181.00.

Digital Realty Trust Stock Performance

Shares of NYSE:DLR opened at $157.48 on Thursday. The company has a market capitalization of $53.01 billion, a price-to-earnings ratio of 97.21, a PEG ratio of 4.38 and a beta of 0.65. Digital Realty Trust, Inc. has a 12 month low of $135.54 and a 12 month high of $198.00. The firm’s 50-day moving average is $169.84 and its 200 day moving average is $170.01. 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 issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Research analysts predict 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 will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $1.22 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.10%. Digital Realty Trust’s dividend payout ratio is currently 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.