Sei Investments Co. Has $296.60 Million Holdings in Digital Realty Trust, Inc. $DLR

Sei Investments Co. increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,645,851 shares of the real estate investment trust’s stock after purchasing an additional 16,781 shares during the quarter. Sei Investments Co.’s holdings in Digital Realty Trust were worth $296,598,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. increased its holdings in Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 125 shares during the period. Bell Investment Advisors Inc lifted its holdings in shares of Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 62 shares during the period. Harvest Fund Management Co. Ltd boosted its position in shares of Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 165 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Digital Realty Trust during the 3rd quarter worth approximately $34,000. Finally, MCF Advisors LLC bought a new position in Digital Realty Trust in the fourth quarter valued at approximately $35,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on DLR shares. Stifel Nicolaus boosted their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Morgan Stanley raised their target price on Digital Realty Trust from $210.00 to $215.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Barclays boosted their price target on Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 1st. Guggenheim raised Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a research note on Wednesday, July 15th. Finally, BTIG Research started coverage on Digital Realty Trust in a research report on Friday, July 10th. They issued a “buy” rating and a $215.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have assigned a Hold 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 $216.17.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $178.48 on Thursday. The business has a 50 day moving average of $184.61 and a 200-day moving average of $180.41. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The company has a market capitalization of $62.72 billion, a P/E ratio of 47.09, a P/E/G ratio of 4.88 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company’s revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.77 EPS. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 8.04 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s dividend payout ratio is presently 128.76%.

Digital Realty Trust 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.