Natixis Advisors L.P. Buys 5,592 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Natixis Advisors L.P. lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 167,884 shares of the real estate investment trust’s stock after acquiring an additional 5,592 shares during the period. Natixis Advisors L.P.’s holdings in Digital Realty Trust were worth $22,593,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Swiss National Bank raised its holdings in Digital Realty Trust by 1.0% in the 4th quarter. Swiss National Bank now owns 946,549 shares of the real estate investment trust’s stock valued at $127,387,000 after buying an additional 9,400 shares during the last quarter. Silver Lake Advisory LLC lifted its stake in Digital Realty Trust by 3.2% in the fourth quarter. Silver Lake Advisory LLC now owns 52,936 shares of the real estate investment trust’s stock valued at $7,124,000 after buying an additional 1,623 shares during the period. First Trust Direct Indexing L.P. grew its position in shares of Digital Realty Trust by 20.9% during the 4th quarter. First Trust Direct Indexing L.P. now owns 8,474 shares of the real estate investment trust’s stock worth $1,140,000 after buying an additional 1,463 shares during the period. New York Life Investment Management LLC increased its stake in shares of Digital Realty Trust by 77.4% in the 4th quarter. New York Life Investment Management LLC now owns 95,372 shares of the real estate investment trust’s stock valued at $12,835,000 after acquiring an additional 41,625 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Digital Realty Trust by 4.0% during the 4th quarter. Victory Capital Management Inc. now owns 98,757 shares of the real estate investment trust’s stock valued at $13,291,000 after acquiring an additional 3,785 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 4.9 %

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

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a $1.22 dividend. 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 dividend payout ratio is presently 135.56%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. StockNews.com cut Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. JPMorgan Chase & Co. raised their price target on shares of Digital Realty Trust from $125.00 to $140.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 20th. Citigroup increased their price target on Digital Realty Trust from $154.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, February 29th. Evercore ISI reaffirmed an “outperform” rating and set a $154.00 price objective on shares of Digital Realty Trust in a report on Wednesday, March 27th. Finally, Truist Financial raised their price objective on shares of Digital Realty Trust from $145.00 to $158.00 and gave the stock a “buy” rating in a report on Monday, March 18th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $142.65.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of Digital Realty Trust 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 transaction, the director now owns 8,413 shares in the company, valued at $1,224,091.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.39% of the company’s stock.

About Digital Realty Trust

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.