Compass Capital Corp MA ADV boosted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 15.3% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,101 shares of the real estate investment trust’s stock after purchasing an additional 412 shares during the period. Compass Capital Corp MA ADV’s holdings in Digital Realty Trust were worth $447,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Sierra Ocean LLC purchased a new position in shares of Digital Realty Trust during the 4th quarter valued at $29,000. Fairway Wealth LLC purchased a new stake in shares of Digital Realty Trust during the fourth quarter worth $35,000. Centricity Wealth Management LLC acquired a new stake in Digital Realty Trust during the fourth quarter valued at $37,000. Opal Wealth Advisors LLC acquired a new stake in Digital Realty Trust during the first quarter valued at $38,000. Finally, SRS Capital Advisors Inc. grew its stake in Digital Realty Trust by 502.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 241 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 201 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. JMP Securities reaffirmed a “market outperform” rating and set a $220.00 price target on shares of Digital Realty Trust in a research note on Monday, April 28th. Citigroup cut their price objective on shares of Digital Realty Trust from $188.00 to $174.00 and set a “buy” rating on the stock in a research report on Thursday, April 17th. Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Sunday, June 1st. Mizuho boosted their target price on shares of Digital Realty Trust from $177.00 to $191.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Scotiabank cut their price target on shares of Digital Realty Trust from $208.00 to $206.00 and set a “sector outperform” rating on the stock in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $185.76.
Insider Transactions at Digital Realty Trust
In other news, Director Mark R. Patterson sold 175 shares of the stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $176.50, for a total value of $30,887.50. Following the completion of the transaction, the director now owns 6,522 shares in the company, valued at approximately $1,151,133. This represents a 2.61% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.13% of the stock is owned by insiders.
Digital Realty Trust Price Performance
Shares of NYSE:DLR opened at $176.53 on Thursday. The company has a market cap of $59.45 billion, a price-to-earnings ratio of 164.98, a PEG ratio of 2.68 and a beta of 0.95. The business has a 50 day moving average price of $165.00 and a 200 day moving average price of $165.68. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00.
Digital Realty Trust (NYSE:DLR – Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.04. Digital Realty Trust had a return on equity of 2.07% and a net margin of 7.65%. The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the prior year, the business earned $1.67 earnings per share. Digital Realty Trust’s revenue for the quarter was up 5.7% compared to the same quarter last year. Research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.
Digital Realty Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a $1.22 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.76%. Digital Realty Trust’s dividend payout ratio is currently 456.07%.
About Digital Realty Trust
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.
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