Union Bancaire Privee UBP SA Invests $2.32 Million in Digital Realty Trust, Inc. (NYSE:DLR)

Union Bancaire Privee UBP SA purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,784 shares of the real estate investment trust’s stock, valued at approximately $2,324,000.

Other large investors have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Digital Realty Trust by 501.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock worth $700,224,000 after buying an additional 3,607,802 shares in the last quarter. Pathway Financial Advisers LLC boosted its holdings in Digital Realty Trust by 15,301.1% in the third quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust’s stock valued at $299,433,000 after acquiring an additional 1,838,278 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Digital Realty Trust during the 3rd quarter worth approximately $132,980,000. Ghisallo Capital Management LLC acquired a new stake in Digital Realty Trust during the 2nd quarter worth $76,025,000. Finally, Sycomore Asset Management acquired a new position in Digital Realty Trust in the third quarter valued at about $80,915,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $164.46 on Tuesday. The stock has a fifty day moving average of $183.37 and a 200-day moving average of $167.90. The stock has a market capitalization of $54.55 billion, a P/E ratio of 138.20, a price-to-earnings-growth ratio of 4.64 and a beta of 0.64. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, December 13th were paid a $1.22 dividend. The ex-dividend date was Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.97%. Digital Realty Trust’s payout ratio is currently 410.08%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Jefferies Financial Group increased their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, October 25th. JPMorgan Chase & Co. boosted their price objective on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. JMP Securities started coverage on Digital Realty Trust in a research note on Monday. They issued an “outperform” rating and a $220.00 price target for the company. Scotiabank raised their target price on shares of Digital Realty Trust from $178.00 to $208.00 and gave the company a “sector perform” rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada increased their price objective on shares of Digital Realty Trust from $177.00 to $207.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $180.95.

Insiders Place Their Bets

In related news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction on Thursday, December 12th. The stock was 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 Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.17% of the company’s stock.

About Digital Realty Trust

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.