Banco Santander S.A. Acquires New Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Banco Santander S.A. bought a new position in Digital Realty Trust, Inc. (NYSE:DLR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,012 shares of the real estate investment trust’s stock, valued at approximately $357,000.

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

Digital Realty Trust Trading Down 2.5 %

Shares of Digital Realty Trust stock opened at $145.50 on Tuesday. Digital Realty Trust, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. 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 $48.98 billion, a P/E ratio of 89.82, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65. The firm has a 50-day simple moving average of $168.03 and a two-hundred day simple moving average of $170.12.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping 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%. As a group, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.35%. The ex-dividend date is Friday, March 14th. Digital Realty Trust’s payout ratio is presently 301.23%.

Analyst Ratings Changes

DLR has been the subject of a number of research analyst reports. Truist Financial decreased their target price on Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a research report on Monday. Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. JPMorgan Chase & Co. raised their target price on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Barclays upped their price target on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research report on Monday, November 18th. Finally, UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $180.11.

Insiders Place Their Bets

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.17% of the stock is currently owned by company insiders.

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.