Digital Realty Trust, Inc. (NYSE:DLR) Stock Holdings Lessened by Mystic Asset Management Inc.

Mystic Asset Management Inc. reduced its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,968 shares of the real estate investment trust’s stock after selling 215 shares during the quarter. Mystic Asset Management Inc.’s holdings in Digital Realty Trust were worth $881,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DLR. Daiwa Securities Group Inc. grew its holdings in shares of Digital Realty Trust by 2.5% during the 3rd quarter. Daiwa Securities Group Inc. now owns 4,843,432 shares of the real estate investment trust’s stock valued at $783,812,000 after acquiring an additional 117,461 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Digital Realty Trust by 501.7% during the third 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 valued at $700,224,000 after purchasing an additional 3,607,802 shares during the last quarter. Principal Financial Group Inc. grew its stake in Digital Realty Trust by 2.0% in the fourth quarter. Principal Financial Group Inc. now owns 3,950,237 shares of the real estate investment trust’s stock valued at $700,486,000 after purchasing an additional 79,322 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Digital Realty Trust by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,632,752 shares of the real estate investment trust’s stock worth $644,196,000 after purchasing an additional 122,090 shares during the last quarter. Finally, Amundi raised its stake in shares of Digital Realty Trust by 10.2% during the 4th quarter. Amundi now owns 1,451,440 shares of the real estate investment trust’s stock worth $262,522,000 after purchasing an additional 134,228 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Price Performance

NYSE:DLR opened at $151.94 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. Digital Realty Trust, Inc. has a one year low of $135.54 and a one year high of $198.00. The company has a fifty day moving average price of $165.07 and a 200 day moving average price of $170.06. The stock has a market cap of $51.15 billion, a P/E ratio of 93.79, a PEG ratio of 4.38 and a beta of 0.65.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS 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%. Analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The company 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. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.21%. Digital Realty Trust’s dividend payout ratio is currently 301.23%.

Analyst Ratings Changes

DLR has been the subject of several recent research reports. Stifel Nicolaus boosted their price target on Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Wells Fargo & Company decreased their target price 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 price target on the stock in a report on Tuesday, February 18th. JPMorgan Chase & Co. upped their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Finally, Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. 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 assigned a strong buy rating to the stock. According to MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $180.11.

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.