Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Capital Investment Advisors LLC

Capital Investment Advisors LLC lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 26.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,599 shares of the real estate investment trust’s stock after buying an additional 11,405 shares during the quarter. Capital Investment Advisors LLC’s holdings in Digital Realty Trust were worth $9,682,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Meeder Asset Management Inc. purchased a new position in shares of Digital Realty Trust in the second quarter valued at approximately $25,000. Adirondack Trust Co. raised its holdings in Digital Realty Trust by 68.6% in the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 81 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of Digital Realty Trust by 480.6% during the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 173 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Digital Realty Trust in the third quarter valued at approximately $38,000. Finally, Dunhill Financial LLC grew its holdings in Digital Realty Trust by 84.4% in the 3rd quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of DLR traded down $2.83 during trading hours on Monday, reaching $170.51. 396,823 shares of the company traded hands, compared to its average volume of 1,718,485. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $56.56 billion, a PE ratio of 143.29, a price-to-earnings-growth ratio of 4.91 and a beta of 0.62. The stock has a fifty day simple moving average of $183.46 and a 200 day simple moving average of $166.04. Digital Realty Trust, Inc. has a fifty-two week low of $131.42 and a fifty-two week high of $198.00.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate 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 business’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period last year, the company posted $1.62 EPS. As a group, research analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be given 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 yield of 2.86%. Digital Realty Trust’s dividend payout ratio (DPR) is 410.08%.

Insider Activity at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.17% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Wells Fargo & Company boosted their price target on shares of Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, December 10th. JPMorgan Chase & Co. raised their target price on Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. Stifel Nicolaus increased their price target on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Truist Financial boosted their price target on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Finally, Evercore ISI upped their price target on Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $174.74.

Digital Realty Trust 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.