Swiss National Bank Has $127.39 Million Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Swiss National Bank lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 946,549 shares of the real estate investment trust’s stock after purchasing an additional 9,400 shares during the quarter. Swiss National Bank’s holdings in Digital Realty Trust were worth $127,387,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Operose Advisors LLC bought a new position in Digital Realty Trust in the third quarter valued at about $27,000. Baldwin Brothers LLC MA raised its holdings in Digital Realty Trust by 528.6% in the 4th quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 185 shares during the last quarter. Bfsg LLC acquired a new stake in Digital Realty Trust during the 4th quarter worth approximately $31,000. Turtle Creek Wealth Advisors LLC bought a new stake in Digital Realty Trust during the 4th quarter worth approximately $32,000. Finally, Tennessee Valley Asset Management Partners acquired a new position in shares of Digital Realty Trust during the fourth quarter worth $32,000. 99.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total transaction of $494,700.00. Following the completion of the sale, the director now directly owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.39% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on DLR shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a $144.00 target price on shares of Digital Realty Trust in a research report on Friday, February 16th. Wells Fargo & Company upgraded Digital Realty Trust from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $135.00 to $155.00 in a report on Tuesday, April 9th. Evercore ISI restated an “outperform” rating and set a $154.00 price target on shares of Digital Realty Trust in a report on Wednesday, March 27th. Truist Financial upped their price objective on shares of Digital Realty Trust from $145.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, March 18th. Finally, Barclays boosted their price objective on Digital Realty Trust from $110.00 to $119.00 and gave the company an “underweight” rating in a research note on Tuesday, March 5th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $142.65.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $147.02 on Friday. The stock’s fifty day simple moving average is $142.09 and its two-hundred day simple moving average is $137.15. The stock has a market cap of $45.93 billion, a PE ratio of 40.84, a price-to-earnings-growth ratio of 3.19 and a beta of 0.55. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.92. Digital Realty Trust, Inc. has a 1-year low of $86.33 and a 1-year high of $154.18.

Digital Realty Trust Announces Dividend

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