National Pension Service Has $164.80 Million Stock Position in Digital Realty Trust, Inc. $DLR

National Pension Service boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 0.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 953,265 shares of the real estate investment trust’s stock after purchasing an additional 7,403 shares during the quarter. National Pension Service’s holdings in Digital Realty Trust were worth $164,800,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. OFI Invest Asset Management raised its holdings in shares of Digital Realty Trust by 37,575.7% in the 3rd quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust’s stock worth $46,896,000 after acquiring an additional 270,545 shares during the last quarter. New York State Common Retirement Fund increased its holdings in Digital Realty Trust by 7.1% during the 3rd quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust’s stock worth $40,379,000 after purchasing an additional 15,569 shares in the last quarter. World Investment Advisors raised its stake in shares of Digital Realty Trust by 412.7% in the third quarter. World Investment Advisors now owns 11,003 shares of the real estate investment trust’s stock worth $1,902,000 after purchasing an additional 8,857 shares during the last quarter. Cim Investment Management Inc. lifted its holdings in shares of Digital Realty Trust by 99.6% in the second quarter. Cim Investment Management Inc. now owns 22,734 shares of the real estate investment trust’s stock valued at $3,997,000 after purchasing an additional 11,345 shares in the last quarter. Finally, CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT boosted its position in shares of Digital Realty Trust by 100.0% during the third quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 34,000 shares of the real estate investment trust’s stock valued at $5,878,000 after buying an additional 17,000 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

DLR has been the subject of a number of analyst reports. Bank of America reissued a “neutral” rating and issued a $170.00 price target (down from $210.00) on shares of Digital Realty Trust in a research report on Thursday, January 8th. Morgan Stanley started coverage on shares of Digital Realty Trust in a research report on Thursday, October 16th. They set an “equal weight” rating and a $195.00 price target on the stock. Barclays upgraded shares of Digital Realty Trust from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $161.00 to $164.00 in a report on Tuesday, January 13th. UBS Group set a $189.00 price objective on shares of Digital Realty Trust in a research note on Wednesday, January 14th. Finally, Citigroup boosted their target price on Digital Realty Trust from $200.00 to $212.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.22.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Mary Hogan Preusse sold 4,166 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.13% of the stock is owned by insiders.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $165.92 on Friday. The stock has a fifty day simple moving average of $157.81 and a two-hundred day simple moving average of $165.99. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $182.48. The firm has a market cap of $56.99 billion, a price-to-earnings ratio of 42.87, a price-to-earnings-growth ratio of 3.91 and a beta of 1.11. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Friday, October 31st. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $1.58 billion for the quarter. Digital Realty Trust had a return on equity of 6.41% and a net margin of 23.67%. Analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Monday, December 15th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Monday, December 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 126.10%.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.