BSW Wealth Partners Buys 112 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

BSW Wealth Partners grew its position in Digital Realty Trust, Inc. (NYSE:DLR) by 8.7% in the fourth quarter, Holdings Channel reports. The fund owned 1,393 shares of the real estate investment trust’s stock after acquiring an additional 112 shares during the quarter. BSW Wealth Partners’ holdings in Digital Realty Trust were worth $247,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Perigon Wealth Management LLC bought a new position in Digital Realty Trust in the fourth quarter valued at about $214,000. BankPlus Wealth Management LLC acquired a new position in shares of Digital Realty Trust in the fourth quarter valued at approximately $475,000. Nilsine Partners LLC raised its holdings in Digital Realty Trust by 10.8% in the 4th quarter. Nilsine Partners LLC now owns 1,790 shares of the real estate investment trust’s stock valued at $317,000 after buying an additional 174 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new stake in Digital Realty Trust during the 4th quarter worth approximately $2,324,000. Finally, Capital Asset Advisory Services LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at approximately $214,000. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $162.12 on Thursday. The stock’s 50 day moving average is $182.49 and its 200-day moving average is $167.98. Digital Realty Trust, Inc. has a twelve month low of $131.42 and a twelve month high of $198.00. 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 firm has a market capitalization of $53.78 billion, a price-to-earnings ratio of 136.23, a PEG ratio of 4.64 and a beta of 0.64.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, December 13th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date of this dividend was Friday, December 13th. Digital Realty Trust’s dividend payout ratio (DPR) is 410.08%.

Insider Activity

In other 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 value of $471,873.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. TD Cowen upped their price target on Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Stifel Nicolaus raised their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Raymond James upped their target price on Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a report on Friday, October 25th. Finally, Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $180.95.

Digital Realty Trust Profile

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.