Wilmington Savings Fund Society FSB Makes New $657,000 Investment in Digital Realty Trust, Inc. (NYSE:DLR)

Wilmington Savings Fund Society FSB purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,062 shares of the real estate investment trust’s stock, valued at approximately $657,000.

A number of other institutional investors also recently modified their holdings of DLR. Sanctuary Advisors LLC grew its position in Digital Realty Trust by 162.0% in the third quarter. Sanctuary Advisors LLC now owns 121,635 shares of the real estate investment trust’s stock valued at $19,684,000 after acquiring an additional 75,214 shares during the last quarter. TCW Group Inc. grew its holdings in shares of Digital Realty Trust by 161.0% during the 3rd quarter. TCW Group Inc. now owns 50,696 shares of the real estate investment trust’s stock valued at $8,204,000 after purchasing an additional 31,272 shares during the last quarter. TD Private Client Wealth LLC increased its position in Digital Realty Trust by 6.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust’s stock worth $176,000 after purchasing an additional 67 shares in the last quarter. Toronto Dominion Bank lifted its stake in Digital Realty Trust by 34.8% in the 3rd quarter. Toronto Dominion Bank now owns 155,154 shares of the real estate investment trust’s stock valued at $25,109,000 after purchasing an additional 40,064 shares during the last quarter. Finally, Chiron Investment Management LLC boosted its position in Digital Realty Trust by 69.7% in the third quarter. Chiron Investment Management LLC now owns 8,266 shares of the real estate investment trust’s stock valued at $1,338,000 after buying an additional 3,395 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Transactions at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the company’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock opened at $185.04 on Monday. The business has a 50-day simple moving average of $178.86 and a 200 day simple moving average of $161.59. Digital Realty Trust, Inc. has a one year low of $130.00 and a one year high of $198.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a market capitalization of $61.38 billion, a price-to-earnings ratio of 155.50, a PEG ratio of 4.97 and a beta of 0.62.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the company earned $1.62 earnings per share. Digital Realty Trust’s revenue for the quarter was up 2.1% compared to the same quarter last year. On average, research analysts anticipate that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Friday, December 13th. Digital Realty Trust’s dividend payout ratio is currently 410.08%.

Analysts Set New Price Targets

A number of brokerages have recently commented on DLR. Evercore ISI increased their price target on Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. lifted their price target on Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Stifel Nicolaus upped their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Raymond James lifted their target price on shares of Digital Realty Trust from $170.00 to $190.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 25th. Finally, HSBC upgraded shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and upped their price target for the company from $124.00 to $160.00 in a research report on Friday, October 4th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and an average target price of $171.68.

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.