Natural Investments LLC purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,167 shares of the real estate investment trust’s stock, valued at approximately $203,000.
A number of other large investors also recently added to or reduced their stakes in the business. Summit Place Financial Advisors LLC raised its holdings in shares of Digital Realty Trust by 2.0% during the 2nd quarter. Summit Place Financial Advisors LLC now owns 2,857 shares of the real estate investment trust’s stock worth $498,000 after acquiring an additional 57 shares in the last quarter. Nvwm LLC raised its holdings in shares of Digital Realty Trust by 1.9% during the 1st quarter. Nvwm LLC now owns 3,287 shares of the real estate investment trust’s stock worth $471,000 after acquiring an additional 60 shares in the last quarter. Decatur Capital Management Inc. raised its holdings in shares of Digital Realty Trust by 0.4% during the 1st quarter. Decatur Capital Management Inc. now owns 16,312 shares of the real estate investment trust’s stock worth $2,337,000 after acquiring an additional 61 shares in the last quarter. EP Wealth Advisors LLC raised its holdings in shares of Digital Realty Trust by 1.3% during the 1st quarter. EP Wealth Advisors LLC now owns 4,766 shares of the real estate investment trust’s stock worth $683,000 after acquiring an additional 63 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Digital Realty Trust by 6.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,056 shares of the real estate investment trust’s stock worth $151,000 after acquiring an additional 65 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.
Digital Realty Trust Stock Performance
NYSE:DLR opened at $168.62 on Friday. The stock’s fifty day moving average is $169.81 and its 200 day moving average is $166.82. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The firm has a market capitalization of $57.51 billion, a PE ratio of 44.26, a PEG ratio of 4.75 and a beta of 0.96. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.22 and a current ratio of 2.22.
Digital Realty Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a $1.22 dividend. The ex-dividend date was Monday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.9%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.08%.
Insiders Place Their Bets
In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $175.16, for a total value of $9,330,598.04. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Several analysts have recently issued reports on DLR shares. Wells Fargo & Company upped their price objective on Digital Realty Trust from $185.00 to $195.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Stifel Nicolaus upped their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Raymond James Financial increased their price target on Digital Realty Trust from $190.00 to $205.00 and gave the company a “strong-buy” rating in a report on Friday, July 25th. Barclays increased their price target on Digital Realty Trust from $140.00 to $141.00 and gave the company an “underweight” rating in a report on Wednesday, August 20th. Finally, Guggenheim assumed coverage on Digital Realty Trust in a report on Wednesday, July 9th. They set a “neutral” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $192.44.
Read Our Latest Research Report on Digital Realty Trust
Digital Realty Trust 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.
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