Prudential PLC Has $1.49 Million Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Prudential PLC raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 41.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,099 shares of the real estate investment trust’s stock after purchasing an additional 3,262 shares during the quarter. Prudential PLC’s holdings in Digital Realty Trust were worth $1,494,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DLR. Gladstone Institutional Advisory LLC raised its position in shares of Digital Realty Trust by 1.2% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 6,301 shares of the real estate investment trust’s stock worth $848,000 after acquiring an additional 72 shares in the last quarter. Schechter Investment Advisors LLC grew its position in shares of Digital Realty Trust by 2.4% during the 4th quarter. Schechter Investment Advisors LLC now owns 3,347 shares of the real estate investment trust’s stock worth $450,000 after buying an additional 78 shares during the period. Blair William & Co. IL increased its stake in shares of Digital Realty Trust by 0.6% in the 3rd quarter. Blair William & Co. IL now owns 17,883 shares of the real estate investment trust’s stock valued at $2,164,000 after acquiring an additional 99 shares in the last quarter. Gables Capital Management Inc. lifted its position in shares of Digital Realty Trust by 62.5% during the 4th quarter. Gables Capital Management Inc. now owns 260 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 100 shares during the period. Finally, First Financial Corp IN boosted its stake in Digital Realty Trust by 46.6% during the fourth quarter. First Financial Corp IN now owns 324 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 103 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $149.12 on Tuesday. The company has a market capitalization of $46.59 billion, a P/E ratio of 41.42 and a beta of 0.57. The company’s 50-day moving average is $142.24 and its 200 day moving average is $140.51. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.29 and a current ratio of 1.29. Digital Realty Trust, Inc. has a fifty-two week low of $102.54 and a fifty-two week high of $154.18.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend is Friday, June 14th. Digital Realty Trust’s payout ratio is 135.56%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on DLR shares. UBS Group upped their price objective on shares of Digital Realty Trust from $143.00 to $147.00 and gave the company a “neutral” rating in a report on Friday, May 3rd. Stifel Nicolaus raised their price objective on Digital Realty Trust from $155.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, February 16th. Scotiabank lowered Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 target price on the stock. in a research report on Friday, February 16th. StockNews.com downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Finally, Citigroup raised their price objective on shares of Digital Realty Trust from $154.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, February 29th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $144.65.

View Our Latest Stock Analysis on DLR

About Digital Realty Trust

(Free Report)

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.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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