Greenleaf Trust Has $541,000 Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Greenleaf Trust grew its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 5.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,017 shares of the real estate investment trust’s stock after acquiring an additional 214 shares during the quarter. Greenleaf Trust’s holdings in Digital Realty Trust were worth $541,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DLR. Resolution Capital Ltd boosted its position in Digital Realty Trust by 106.7% during the 3rd quarter. Resolution Capital Ltd now owns 2,351,113 shares of the real estate investment trust’s stock worth $284,532,000 after acquiring an additional 1,213,526 shares during the last quarter. Vanguard Group Inc. boosted its position in Digital Realty Trust by 2.1% during the 3rd quarter. Vanguard Group Inc. now owns 47,390,848 shares of the real estate investment trust’s stock worth $5,735,240,000 after acquiring an additional 971,032 shares during the last quarter. FMR LLC boosted its position in Digital Realty Trust by 4.8% during the 3rd quarter. FMR LLC now owns 8,647,509 shares of the real estate investment trust’s stock worth $1,046,522,000 after acquiring an additional 394,682 shares during the last quarter. Wellington Management Group LLP boosted its position in Digital Realty Trust by 1,825.0% during the 3rd quarter. Wellington Management Group LLP now owns 401,775 shares of the real estate investment trust’s stock worth $48,623,000 after acquiring an additional 380,904 shares during the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC bought a new stake in shares of Digital Realty Trust during the 3rd quarter worth approximately $34,561,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

DLR has been the topic of a number of analyst reports. Morgan Stanley upped their price objective on Digital Realty Trust from $100.00 to $108.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 2nd. Truist Financial upped their price objective on Digital Realty Trust from $145.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. Evercore ISI reiterated an “outperform” rating and set a $154.00 price objective on shares of Digital Realty Trust in a research note on Wednesday, March 27th. Royal Bank of Canada reiterated an “outperform” rating and set a $144.00 price objective on shares of Digital Realty Trust in a research note on Friday, February 16th. Finally, StockNews.com cut Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $143.33.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total transaction of $494,700.00. Following the transaction, the director now owns 8,413 shares in the company, valued at approximately $1,224,091.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.39% of the company’s stock.

Digital Realty Trust Stock Down 0.7 %

DLR stock opened at $135.84 on Tuesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $42.42 billion, a price-to-earnings ratio of 45.74, a PEG ratio of 3.11 and a beta of 0.54. The business’s fifty day moving average price is $141.92 and its two-hundred day moving average price is $136.30. Digital Realty Trust, Inc. has a fifty-two week low of $86.33 and a fifty-two week high of $154.18.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.59%. The ex-dividend date of this dividend was Thursday, March 14th. Digital Realty Trust’s payout ratio is 164.31%.

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.