Czech National Bank Has $11.95 Million Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Czech National Bank raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 7.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,400 shares of the real estate investment trust’s stock after buying an additional 4,705 shares during the quarter. Czech National Bank’s holdings in Digital Realty Trust were worth $11,952,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Meeder Asset Management Inc. acquired a new position in Digital Realty Trust during the 2nd quarter valued at $25,000. Adirondack Trust Co. increased its holdings in shares of Digital Realty Trust by 68.6% during the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 81 shares during the period. Versant Capital Management Inc raised its position in shares of Digital Realty Trust by 480.6% during the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 173 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of Digital Realty Trust in the third quarter valued at about $38,000. Finally, Dunhill Financial LLC grew its position in Digital Realty Trust by 84.4% during the third quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 124 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on DLR. Evercore ISI raised their price objective on Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Jefferies Financial Group boosted their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a report on Friday, October 25th. Scotiabank raised their price objective on shares of Digital Realty Trust from $157.00 to $178.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. TD Cowen upped their target price on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Finally, Wells Fargo & Company raised their price target on shares of Digital Realty Trust from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $174.74.

Insider Activity at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.17% of the stock is owned by insiders.

Digital Realty Trust Price Performance

NYSE DLR opened at $171.94 on Tuesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a market cap of $57.03 billion, a price-to-earnings ratio of 144.49, a PEG ratio of 4.91 and a beta of 0.64. The business has a 50 day simple moving average of $183.35 and a 200 day simple moving average of $166.20. Digital Realty Trust, Inc. has a 52-week low of $131.42 and a 52-week high of $198.00.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The company’s revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.62 earnings per share. Analysts anticipate that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.84%. Digital Realty Trust’s payout ratio is presently 410.08%.

Digital Realty Trust Company 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.