Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Tealwood Asset Management Inc.

Tealwood Asset Management Inc. increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,740 shares of the real estate investment trust’s stock after purchasing an additional 95 shares during the quarter. Digital Realty Trust makes up approximately 1.2% of Tealwood Asset Management Inc.’s investment portfolio, making the stock its 18th largest position. Tealwood Asset Management Inc.’s holdings in Digital Realty Trust were worth $2,969,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. grew its holdings in shares of Digital Realty Trust by 2.5% during the third quarter. Daiwa Securities Group Inc. now owns 4,843,432 shares of the real estate investment trust’s stock worth $783,812,000 after buying an additional 117,461 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in Digital Realty Trust by 3.1% during the second quarter. Canada Pension Plan Investment Board now owns 4,826,432 shares of the real estate investment trust’s stock worth $733,859,000 after acquiring an additional 146,183 shares during the last quarter. Legal & General Group Plc boosted its position in Digital Realty Trust by 2.8% during the second quarter. Legal & General Group Plc now owns 4,730,168 shares of the real estate investment trust’s stock worth $719,222,000 after acquiring an additional 129,799 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Digital Realty Trust by 5.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,541,327 shares of the real estate investment trust’s stock valued at $690,498,000 after acquiring an additional 228,585 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Digital Realty Trust by 501.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock worth $700,224,000 after purchasing an additional 3,607,802 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DLR. Raymond James upped their price target on Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a research report on Friday, October 25th. Wells Fargo & Company upped their target price on Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Tuesday, December 10th. JPMorgan Chase & Co. boosted their price target on shares of Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, October 25th. HSBC upgraded shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and raised their price objective for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. Finally, TD Cowen increased their price target on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $174.74.

Digital Realty Trust Stock Down 0.8 %

Shares of NYSE:DLR opened at $171.94 on Tuesday. The firm’s 50-day moving average is $183.35 and its two-hundred day moving average is $166.20. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. Digital Realty Trust, Inc. has a 1 year low of $131.42 and a 1 year high of $198.00. The firm has a market capitalization of $57.03 billion, a PE ratio of 144.49, a price-to-earnings-growth ratio of 4.91 and a beta of 0.64.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. Digital Realty Trust’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.62 earnings per share. Analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.88 annualized dividend and a yield of 2.84%. Digital Realty Trust’s payout ratio is 410.08%.

Insiders Place Their Bets

In other news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction 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 document filed with the SEC, which is available through this hyperlink. 0.17% of the stock is owned by company insiders.

Digital Realty Trust Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.