Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by AGF Management Ltd.

AGF Management Ltd. increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,217 shares of the real estate investment trust’s stock after purchasing an additional 834 shares during the period. AGF Management Ltd.’s holdings in Digital Realty Trust were worth $10,678,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Sierra Ocean LLC acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at approximately $29,000. FNY Investment Advisers LLC acquired a new stake in Digital Realty Trust during the fourth quarter worth approximately $35,000. Fairway Wealth LLC acquired a new stake in Digital Realty Trust during the fourth quarter worth approximately $35,000. Versant Capital Management Inc boosted its position 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 last quarter. Finally, Centricity Wealth Management LLC acquired a new stake in Digital Realty Trust during the fourth quarter worth approximately $37,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Performance

Shares of DLR opened at $146.98 on Wednesday. Digital Realty Trust, Inc. has a 12 month low of $135.54 and a 12 month high of $198.00. The company’s fifty day moving average is $167.42 and its 200-day moving average is $170.08. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The firm has a market cap of $49.48 billion, a price-to-earnings ratio of 90.73, a price-to-earnings-growth ratio of 4.38 and a beta of 0.65.

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 for the quarter, beating 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%. Equities analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.32%. The ex-dividend date of this dividend is Friday, March 14th. Digital Realty Trust’s payout ratio is presently 301.23%.

Analyst Ratings Changes

A number of equities analysts have recently commented on DLR shares. JMP Securities reissued a “market outperform” rating and issued a $220.00 target price on shares of Digital Realty Trust in a research note on Tuesday, February 18th. Wells Fargo & Company lowered their price objective on shares of 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. Scotiabank upgraded shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 target price for the company in a research report on Tuesday, February 18th. JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Finally, UBS Group upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and increased their price objective for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $180.11.

Insider Buying and Selling at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, December 12th. The shares were 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 SEC, which is accessible through this hyperlink. Corporate insiders own 0.17% of the company’s stock.

About Digital Realty Trust

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.