Raymond James & Associates Has $40.31 Million Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Raymond James & Associates boosted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 5.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 299,551 shares of the real estate investment trust’s stock after purchasing an additional 16,101 shares during the quarter. Raymond James & Associates owned about 0.10% of Digital Realty Trust worth $40,314,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of DLR. Operose Advisors LLC bought a new position in shares of Digital Realty Trust in the third quarter valued at $27,000. Carolinas Wealth Consulting LLC lifted its stake in shares of Digital Realty Trust by 156.1% in the first quarter. Carolinas Wealth Consulting LLC now owns 274 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 167 shares in the last quarter. Clear Street Markets LLC lifted its stake in shares of Digital Realty Trust by 28,900.0% in the fourth quarter. Clear Street Markets LLC now owns 290 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 289 shares in the last quarter. Baldwin Brothers LLC MA lifted its position in shares of Digital Realty Trust by 528.6% during the fourth quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 185 shares in the last quarter. Finally, Rational Advisors LLC bought a new position in shares of Digital Realty Trust during the third quarter valued at about $42,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on DLR. Raymond James raised their price target on shares of Digital Realty Trust from $140.00 to $170.00 and gave the company a “strong-buy” rating in a research report on Friday, February 16th. Barclays lifted their price objective on shares of Digital Realty Trust from $110.00 to $119.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 5th. Truist Financial lifted their target price on shares of Digital Realty Trust from $145.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. Morgan Stanley lifted their target price on shares of Digital Realty Trust from $98.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Friday, December 8th. Finally, StockNews.com downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Friday, February 16th. Three research analysts have rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $141.47.

Digital Realty Trust Trading Up 0.2 %

Shares of Digital Realty Trust stock opened at $144.00 on Friday. Digital Realty Trust, Inc. has a 1 year low of $86.33 and a 1 year high of $154.18. The firm has a market cap of $44.97 billion, a PE ratio of 48.49, a PEG ratio of 3.16 and a beta of 0.54. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 1.14. The company has a 50 day simple moving average of $142.65 and a two-hundred day simple moving average of $134.07.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a $1.22 dividend. The ex-dividend date was Thursday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.39%. Digital Realty Trust’s payout ratio is 164.31%.

Insider Transactions at Digital Realty Trust

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total value of $494,700.00. Following the completion of the sale, the director now directly owns 8,413 shares in the company, valued at approximately $1,224,091.50. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.39% of the company’s stock.

About Digital Realty Trust

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.