State of Alaska Department of Revenue lifted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 14.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 115,221 shares of the real estate investment trust’s stock after acquiring an additional 14,945 shares during the period. State of Alaska Department of Revenue’s holdings in Digital Realty Trust were worth $13,121,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Carret Asset Management LLC lifted its stake in shares of Digital Realty Trust by 1.0% in the second quarter. Carret Asset Management LLC now owns 3,236 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 31 shares during the period. Scotia Capital Inc. lifted its stake in shares of Digital Realty Trust by 1.7% in the second quarter. Scotia Capital Inc. now owns 10,399 shares of the real estate investment trust’s stock valued at $1,175,000 after buying an additional 170 shares during the period. Albion Financial Group UT lifted its stake in shares of Digital Realty Trust by 1.3% in the second quarter. Albion Financial Group UT now owns 19,401 shares of the real estate investment trust’s stock valued at $2,191,000 after buying an additional 255 shares during the period. Mutual of America Capital Management LLC lifted its stake in shares of Digital Realty Trust by 1.5% in the second quarter. Mutual of America Capital Management LLC now owns 19,340 shares of the real estate investment trust’s stock valued at $2,184,000 after buying an additional 292 shares during the period. Finally, Lazard Asset Management LLC lifted its stake in shares of Digital Realty Trust by 1.2% in the second quarter. Lazard Asset Management LLC now owns 27,338 shares of the real estate investment trust’s stock valued at $3,087,000 after buying an additional 313 shares during the period. Institutional investors and hedge funds own 98.34% of the company’s stock.

Several research firms recently weighed in on DLR. Deutsche Bank upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $130.00 target price for the company in a research note on Wednesday, January 10th. Credit Suisse Group assumed coverage on shares of Digital Realty Trust in a research report on Wednesday. They issued a “neutral” rating and a $95.00 price target for the company. ValuEngine lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Zacks Investment Research lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Finally, Robert W. Baird reissued a “neutral” rating and issued a $121.00 price target (up previously from $119.00) on shares of Digital Realty Trust in a research report on Tuesday, October 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $123.40.

Digital Realty Trust, Inc. (NYSE DLR) opened at $106.96 on Friday. Digital Realty Trust, Inc. has a 52-week low of $101.70 and a 52-week high of $127.23. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.46 and a quick ratio of 0.46. The stock has a market cap of $21,970.00, a PE ratio of 86.96, a P/E/G ratio of 2.17 and a beta of -0.09.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $1.11. The firm had revenue of $609.90 million during the quarter, compared to analyst estimates of $595.49 million. Digital Realty Trust had a net margin of 11.71% and a return on equity of 5.15%. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.44 earnings per share. analysts expect that Digital Realty Trust, Inc. will post 6.1 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 15th were issued a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend was Thursday, December 14th. Digital Realty Trust’s payout ratio is 302.44%.

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Digital Realty Trust Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

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

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