Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by Kovack Advisors Inc.

Kovack Advisors Inc. grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 19.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,574 shares of the real estate investment trust’s stock after acquiring an additional 733 shares during the period. Kovack Advisors Inc.’s holdings in Digital Realty Trust were worth $811,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. First Trust Direct Indexing L.P. grew its stake in Digital Realty Trust by 5.0% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 12,371 shares of the real estate investment trust’s stock valued at $2,002,000 after purchasing an additional 585 shares in the last quarter. Hudson Valley Investment Advisors Inc. ADV grew its position in shares of Digital Realty Trust by 6.4% during the third quarter. Hudson Valley Investment Advisors Inc. ADV now owns 2,484 shares of the real estate investment trust’s stock worth $402,000 after buying an additional 150 shares in the last quarter. Oak Harvest Investment Services bought a new stake in shares of Digital Realty Trust in the third quarter worth $7,754,000. Nikulski Financial Inc. raised its holdings in Digital Realty Trust by 5.3% in the third quarter. Nikulski Financial Inc. now owns 13,002 shares of the real estate investment trust’s stock valued at $2,104,000 after acquiring an additional 659 shares in the last quarter. Finally, Stephens Inc. AR boosted its stake in Digital Realty Trust by 0.6% during the 3rd quarter. Stephens Inc. AR now owns 40,139 shares of the real estate investment trust’s stock valued at $6,496,000 after acquiring an additional 243 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Trading Down 1.3 %

NYSE:DLR opened at $157.28 on Friday. The stock has a market cap of $52.17 billion, a price-to-earnings ratio of 97.08, a PEG ratio of 4.38 and a beta of 0.63. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. Digital Realty Trust, Inc. has a 1 year low of $135.54 and a 1 year high of $198.00. The business has a fifty day moving average of $171.70 and a 200-day moving average of $169.69.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Equities analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $1.22 per share. The ex-dividend date is Friday, March 14th. This represents a $4.88 annualized dividend and a yield of 3.10%. Digital Realty Trust’s payout ratio is 301.23%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Scotiabank upgraded Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price objective on the stock in a research note on Tuesday, February 18th. JMP Securities reaffirmed a “market outperform” rating and set a $220.00 target price on shares of Digital Realty Trust in a report on Tuesday, February 18th. Citizens Jmp upgraded Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Finally, Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price objective for the stock from $185.00 to $194.00 in a research note on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $179.95.

About Digital Realty Trust

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.