Stevens Capital Management LP Has $4.50 Million Stock Holdings in Digital Realty Trust, Inc. $DLR

Stevens Capital Management LP raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,813 shares of the real estate investment trust’s stock after purchasing an additional 512 shares during the period. Digital Realty Trust makes up approximately 1.2% of Stevens Capital Management LP’s investment portfolio, making the stock its 21st biggest position. Stevens Capital Management LP’s holdings in Digital Realty Trust were worth $4,500,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bison Wealth LLC lifted its position in shares of Digital Realty Trust by 17.2% during the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after buying an additional 390 shares during the last quarter. Venturi Wealth Management LLC raised its stake in Digital Realty Trust by 15.6% during the first quarter. Venturi Wealth Management LLC now owns 1,513 shares of the real estate investment trust’s stock worth $217,000 after acquiring an additional 204 shares in the last quarter. Carnegie Investment Counsel raised its stake in Digital Realty Trust by 9.6% during the first quarter. Carnegie Investment Counsel now owns 3,499 shares of the real estate investment trust’s stock worth $478,000 after acquiring an additional 307 shares in the last quarter. Kovack Advisors Inc. lifted its holdings in shares of Digital Realty Trust by 75.8% in the first quarter. Kovack Advisors Inc. now owns 8,042 shares of the real estate investment trust’s stock worth $1,152,000 after acquiring an additional 3,468 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its stake in shares of Digital Realty Trust by 11.0% in the 1st quarter. Avantax Advisory Services Inc. now owns 26,802 shares of the real estate investment trust’s stock valued at $3,840,000 after purchasing an additional 2,653 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $175.16, for a total transaction of $9,330,598.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE DLR opened at $157.14 on Friday. The company has a market capitalization of $53.98 billion, a price-to-earnings ratio of 40.60, a PEG ratio of 4.13 and a beta of 0.96. The company has a quick ratio of 2.22, a current ratio of 2.02 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The stock has a fifty day simple moving average of $170.32 and a 200 day simple moving average of $170.89.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.15 EPS for the quarter. The firm had revenue of $1.58 billion for the quarter. Digital Realty Trust had a return on equity of 6.41% and a net margin of 23.67%. Sell-side analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Monday, December 15th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Monday, December 15th. Digital Realty Trust’s dividend payout ratio is currently 126.10%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on DLR. Weiss Ratings reissued a “hold (c+)” rating on shares of Digital Realty Trust in a research note on Wednesday. Raymond James Financial upped their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “strong-buy” rating in a report on Friday, July 25th. Barclays increased their price target on Digital Realty Trust from $141.00 to $161.00 and gave the company an “underweight” rating in a research note on Monday, October 27th. Wall Street Zen lowered Digital Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Saturday, November 8th. Finally, Stifel Nicolaus set a $210.00 target price on Digital Realty Trust in a research report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $198.14.

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.