Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Proquility Private Wealth Partners LLC

Proquility Private Wealth Partners LLC grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,528 shares of the real estate investment trust’s stock after buying an additional 176 shares during the period. Digital Realty Trust accounts for about 1.3% of Proquility Private Wealth Partners LLC’s investment portfolio, making the stock its 29th biggest holding. Proquility Private Wealth Partners LLC’s holdings in Digital Realty Trust were worth $4,172,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DLR. Adirondack Trust Co. boosted its holdings in shares of Digital Realty Trust by 68.6% in the third quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 81 shares during the period. FNY Investment Advisers LLC bought a new position in Digital Realty Trust during the fourth quarter worth $35,000. Versant Capital Management Inc grew its position in Digital Realty Trust by 480.6% during the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 173 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Digital Realty Trust during the 3rd quarter worth approximately $38,000. Finally, First Financial Corp IN bought a new position in shares of Digital Realty Trust during the 4th quarter worth about $42,000. Institutional investors own 99.71% of the company’s stock.

Insider Transactions at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.17% of the company’s stock.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock opened at $183.56 on Wednesday. The business’s 50 day simple moving average is $183.10 and its two-hundred day simple moving average is $167.08. Digital Realty Trust, Inc. has a one year low of $131.42 and a one year high of $198.00. The stock has a market capitalization of $60.89 billion, a P/E ratio of 154.25, a price-to-earnings-growth ratio of 4.48 and a beta of 0.64. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data 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). Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the company posted $1.62 earnings per share. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. Analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, December 13th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend was Friday, December 13th. Digital Realty Trust’s dividend payout ratio is 410.08%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on DLR. Truist Financial increased 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 report on Tuesday, November 12th. HSBC upgraded Digital Realty Trust from a “reduce” rating to a “hold” rating and raised their target price for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. Barclays upped their price target on Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a research report on Monday, November 18th. Wells Fargo & Company increased their price objective on shares of Digital Realty Trust from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Tuesday, December 10th. Finally, TD Cowen increased their price target on Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $177.32.

Digital Realty Trust Company 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.