Pennsylvania Trust Co raised its position in Digital Realty Trust, Inc. (NYSE:DLR) by 16.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,929 shares of the real estate investment trust’s stock after acquiring an additional 1,574 shares during the period. Pennsylvania Trust Co’s holdings in Digital Realty Trust were worth $1,245,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Amica Retiree Medical Trust acquired a new stake in Digital Realty Trust in the third quarter valued at approximately $102,000. Grove Bank & Trust boosted its stake in Digital Realty Trust by 1,284.6% in the third quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock valued at $106,000 after acquiring an additional 835 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its stake in Digital Realty Trust by 4,984.2% in the third quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock valued at $114,000 after acquiring an additional 947 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Digital Realty Trust by 50.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 973 shares of the real estate investment trust’s stock valued at $110,000 after acquiring an additional 328 shares in the last quarter. Finally, Fieldpoint Private Securities LLC acquired a new stake in Digital Realty Trust in the third quarter valued at approximately $134,000. Institutional investors own 98.34% of the company’s stock.
Digital Realty Trust, Inc. (NYSE DLR) opened at $107.01 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.85. Digital Realty Trust, Inc. has a fifty-two week low of $101.70 and a fifty-two week high of $127.23. The stock has a market cap of $21,980.00, a price-to-earnings ratio of 87.00, a price-to-earnings-growth ratio of 2.18 and a beta of -0.09.
The firm also recently announced a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 15th were issued a dividend of $0.93 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $3.72 annualized dividend and a dividend yield of 3.48%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 302.44%.
Several equities research analysts have weighed in on DLR shares. Deutsche Bank raised their target price on shares of Digital Realty Trust from $111.00 to $130.00 and gave the company a “hold” rating in a research note on Thursday, October 26th. Zacks Investment Research cut shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. William Blair began coverage on shares of Digital Realty Trust in a report on Friday, September 22nd. They issued a “market perform” rating for the company. Wells Fargo & Co raised shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $109.31 to $120.00 in a report on Friday, December 22nd. Finally, Citigroup reaffirmed a “neutral” rating and issued a $127.00 price target on shares of Digital Realty Trust in a report on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company. Digital Realty Trust currently has a consensus rating of “Buy” and an average price target of $123.40.
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Digital Realty Trust Company Profile
Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.
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