Natixis Advisors L.P. Raises Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Natixis Advisors L.P. lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,884 shares of the real estate investment trust’s stock after acquiring an additional 5,592 shares during the quarter. Natixis Advisors L.P. owned 0.06% of Digital Realty Trust worth $22,593,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Robeco Institutional Asset Management B.V. increased its stake in shares of Digital Realty Trust by 70.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 19,811 shares of the real estate investment trust’s stock worth $2,398,000 after purchasing an additional 8,202 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in Digital Realty Trust by 7.3% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 106,144 shares of the real estate investment trust’s stock worth $12,846,000 after purchasing an additional 7,215 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in Digital Realty Trust by 11.8% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 7,170 shares of the real estate investment trust’s stock valued at $868,000 after purchasing an additional 757 shares during the last quarter. Bailard Inc. purchased a new position in Digital Realty Trust in the 3rd quarter valued at about $225,000. Finally, New York State Teachers Retirement System grew its holdings in shares of Digital Realty Trust by 0.6% during the third quarter. New York State Teachers Retirement System now owns 293,115 shares of the real estate investment trust’s stock worth $35,473,000 after buying an additional 1,765 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Buying and Selling

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of Digital Realty Trust stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total value of $494,700.00. Following the transaction, the director now owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.39% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

DLR has been the topic of a number of analyst reports. Barclays raised their target price on shares of Digital Realty Trust from $110.00 to $119.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 5th. Citigroup upped their target price on Digital Realty Trust from $154.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, February 29th. Wells Fargo & Company raised Digital Realty Trust from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $135.00 to $155.00 in a research note on Tuesday, April 9th. UBS Group lifted their price target on Digital Realty Trust from $143.00 to $147.00 and gave the company a “neutral” rating in a report on Friday. Finally, Raymond James increased their price objective on shares of Digital Realty Trust from $140.00 to $170.00 and gave the stock a “strong-buy” rating in a report on Friday, February 16th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $142.65.

Digital Realty Trust Price Performance

NYSE DLR opened at $147.00 on Monday. The firm has a market capitalization of $45.93 billion, a PE ratio of 40.83, a P/E/G ratio of 3.34 and a beta of 0.55. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.29 and a quick ratio of 1.14. Digital Realty Trust, Inc. has a 12 month low of $86.33 and a 12 month high of $154.18. The company’s 50 day simple moving average is $142.27 and its 200 day simple moving average is $137.52.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $4.88 annualized dividend and a yield of 3.32%. Digital Realty Trust’s dividend payout ratio is currently 135.56%.

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.