Blackston Financial Advisory Group LLC Invests $237,000 in Digital Realty Trust, Inc. (NYSE:DLR)

Blackston Financial Advisory Group LLC purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,759 shares of the real estate investment trust’s stock, valued at approximately $237,000.

Other hedge funds have also bought and sold shares of the company. Operose Advisors LLC purchased a new position in Digital Realty Trust in the 3rd quarter worth about $27,000. Carolinas Wealth Consulting LLC raised its position in Digital Realty Trust by 156.1% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 274 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 167 shares during the last quarter. Clear Street Markets LLC raised its position in Digital Realty Trust by 28,900.0% in the 4th quarter. Clear Street Markets LLC now owns 290 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 289 shares during the last quarter. Baldwin Brothers LLC MA increased its position in shares of Digital Realty Trust by 528.6% during the 4th quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 185 shares during the last quarter. Finally, ZRC Wealth Management LLC purchased a new stake in shares of Digital Realty Trust during the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on DLR shares. StockNews.com lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Barclays upped their price target on shares of Digital Realty Trust from $110.00 to $119.00 and gave the company an “underweight” rating in a research report on Tuesday, March 5th. KeyCorp started coverage on shares of Digital Realty Trust in a research report on Wednesday, December 6th. They set a “sector weight” rating for the company. Raymond James upped their price target on shares of Digital Realty Trust from $140.00 to $170.00 and gave the company a “strong-buy” rating in a research report on Friday, February 16th. Finally, Scotiabank cut shares of Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 target price on the stock. in a research note on Friday, February 16th. Three analysts have rated the stock with a sell rating, six have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $141.47.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of Digital Realty Trust stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total transaction of $494,700.00. Following the completion of the sale, the director now owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.39% of the stock is currently owned by insiders.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock opened at $143.74 on Thursday. The stock has a 50 day moving average of $142.49 and a 200 day moving average of $134.00. Digital Realty Trust, Inc. has a 12 month low of $86.33 and a 12 month high of $154.18. The firm has a market cap of $44.89 billion, a PE ratio of 48.40, a PEG ratio of 3.13 and a beta of 0.54. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.92.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Friday, March 15th will be given a $1.22 dividend. The ex-dividend date is Thursday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.40%. Digital Realty Trust’s payout ratio is 164.31%.

About Digital Realty Trust

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.