Stolper Co Purchases 64 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Stolper Co raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 12,648 shares of the real estate investment trust’s stock after purchasing an additional 64 shares during the period. Stolper Co’s holdings in Digital Realty Trust were worth $2,243,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in DLR. Adirondack Trust Co. boosted its holdings in Digital Realty Trust by 68.6% in the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 81 shares during the period. FNY Investment Advisers LLC bought a new stake in Digital Realty Trust in the 4th quarter worth approximately $35,000. Versant Capital Management Inc raised its stake in Digital Realty Trust by 480.6% during the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 173 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in shares of Digital Realty Trust in the 3rd quarter valued at about $38,000. Finally, First Financial Corp IN bought a new stake in shares of Digital Realty Trust in the 4th quarter valued at approximately $42,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction that occurred 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 document filed with the SEC, which is available at the SEC website. Insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on DLR shares. Stifel Nicolaus upped their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Barclays boosted their price objective on Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a report on Monday, November 18th. Scotiabank lifted their target price on Digital Realty Trust from $157.00 to $178.00 and gave the stock a “sector perform” rating in a research report on Friday, October 25th. HSBC upgraded shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and upped their price target for the stock from $124.00 to $160.00 in a report on Friday, October 4th. Finally, TD Cowen lifted their price objective on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a report on Friday, October 25th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $177.32.

Digital Realty Trust Trading Up 0.5 %

Shares of Digital Realty Trust stock opened at $174.78 on Thursday. The firm’s 50 day simple moving average is $183.21 and its two-hundred day simple moving average is $166.36. The firm has a market capitalization of $57.98 billion, a price-to-earnings ratio of 146.87, a PEG ratio of 4.91 and a beta of 0.64. Digital Realty Trust, Inc. has a 12-month low of $131.42 and a 12-month high of $198.00. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter last year, the company posted $1.62 EPS. Digital Realty Trust’s quarterly revenue was up 2.1% compared to the same quarter last year. Analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend is Friday, December 13th. Digital Realty Trust’s payout ratio is currently 410.08%.

Digital Realty Trust Company 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.