Stiles Financial Services Inc lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 10.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,599 shares of the real estate investment trust’s stock after buying an additional 1,068 shares during the period. Stiles Financial Services Inc’s holdings in Digital Realty Trust were worth $1,878,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of DLR. Pathway Financial Advisers LLC boosted its position in Digital Realty Trust by 15,301.1% during the third quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust’s stock valued at $299,433,000 after acquiring an additional 1,838,278 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Digital Realty Trust by 543.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust’s stock worth $220,068,000 after purchasing an additional 1,773,591 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Digital Realty Trust by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 48,503,593 shares of the real estate investment trust’s stock worth $6,986,458,000 after purchasing an additional 951,567 shares in the last quarter. Wulff Hansen & CO. boosted its position in shares of Digital Realty Trust by 15,105.0% during the 2nd quarter. Wulff Hansen & CO. now owns 795,830 shares of the real estate investment trust’s stock worth $121,006,000 after purchasing an additional 790,596 shares in the last quarter. Finally, Electron Capital Partners LLC boosted its position in shares of Digital Realty Trust by 220.7% during the 2nd quarter. Electron Capital Partners LLC now owns 1,041,594 shares of the real estate investment trust’s stock worth $158,374,000 after purchasing an additional 716,816 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.
Digital Realty Trust Trading Up 2.8 %
Shares of NYSE DLR opened at $178.47 on Friday. The firm’s 50 day moving average price is $162.36 and its 200-day moving average price is $152.93. The company has a market cap of $59.20 billion, a PE ratio of 149.97, a P/E/G ratio of 5.70 and a beta of 0.59. Digital Realty Trust, Inc. has a 52-week low of $126.22 and a 52-week high of $193.88. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.61.
Digital Realty Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.73%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 410.08%.
Analysts Set New Price Targets
Several equities analysts recently weighed in on the stock. Hsbc Global Res raised shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a research report on Friday, October 4th. Jefferies Financial Group raised their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Barclays raised their price target on shares of Digital Realty Trust from $130.00 to $135.00 and gave the stock an “underweight” rating in a research note on Thursday, October 10th. Scotiabank raised their price target on shares of Digital Realty Trust from $157.00 to $178.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Finally, Royal Bank of Canada raised their price target on shares of Digital Realty Trust from $177.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $167.68.
Get Our Latest Research Report on DLR
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.
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