1,691 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Acquired by Tyche Wealth Partners LLC

Tyche Wealth Partners LLC bought a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,691 shares of the real estate investment trust’s stock, valued at approximately $228,000.

Other institutional investors also recently bought and sold shares of the company. Operose Advisors LLC acquired a new stake in Digital Realty Trust in the 3rd quarter worth approximately $27,000. Carolinas Wealth Consulting LLC boosted its holdings in shares of Digital Realty Trust by 156.1% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 274 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 167 shares during the last quarter. Clear Street Markets LLC boosted its holdings in shares of Digital Realty Trust by 28,900.0% in the 4th quarter. Clear Street Markets LLC now owns 290 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 289 shares during the last quarter. Baldwin Brothers LLC MA boosted its holdings in shares of Digital Realty Trust by 528.6% in the 4th quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 185 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Digital Realty Trust in the 4th quarter valued at $32,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of the company’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total transaction of $494,700.00. Following the completion of the transaction, the director now directly owns 8,413 shares in the company, valued at $1,224,091.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.39% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently commented on DLR. Truist Financial upped their price objective on shares of Digital Realty Trust from $145.00 to $158.00 and gave the company a “buy” rating in a report on Monday, March 18th. Citigroup upped their price objective on shares of Digital Realty Trust from $154.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, February 29th. Raymond James upped their price objective on shares of Digital Realty Trust from $140.00 to $170.00 and gave the company a “strong-buy” rating in a report on Friday, February 16th. StockNews.com cut shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Friday, February 16th. Finally, Evercore ISI reiterated an “outperform” rating and issued a $154.00 target price on shares of Digital Realty Trust in a research note on Wednesday, March 27th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $143.33.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $136.66 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.14 and a current ratio of 1.14. The company has a fifty day moving average of $142.29 and a two-hundred day moving average of $135.77. The stock has a market capitalization of $42.68 billion, a PE ratio of 46.01, a P/E/G ratio of 3.08 and a beta of 0.54. Digital Realty Trust, Inc. has a fifty-two week low of $86.33 and a fifty-two week high of $154.18.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio is presently 164.31%.

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.