Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by SVB Wealth LLC

SVB Wealth LLC raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,760 shares of the real estate investment trust’s stock after acquiring an additional 106 shares during the quarter. SVB Wealth LLC’s holdings in Digital Realty Trust were worth $1,448,000 as of its most recent filing with the SEC.

Other hedge funds and 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 third quarter valued at $27,000. Carolinas Wealth Consulting LLC raised its stake in shares of Digital Realty Trust by 156.1% during the 1st quarter. Carolinas Wealth Consulting LLC now owns 274 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 167 shares during the last quarter. Clear Street Markets LLC raised its stake in shares of Digital Realty Trust by 28,900.0% during the 4th quarter. Clear Street Markets LLC now owns 290 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 289 shares during the last quarter. Baldwin Brothers LLC MA raised its stake in shares of Digital Realty Trust by 528.6% during the 4th quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 185 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in shares of Digital Realty Trust during the 4th quarter worth $32,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Buying and Selling

In related 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 stock was sold at an average price of $145.50, for a total transaction of $494,700.00. Following the transaction, the director now directly owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.39% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Raymond James lifted their price target on Digital Realty Trust from $140.00 to $170.00 and gave the stock a “strong-buy” rating in a research note on Friday, February 16th. Truist Financial lifted their price target on Digital Realty Trust from $145.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. Barclays lifted their price target on Digital Realty Trust from $110.00 to $119.00 and gave the stock an “underweight” rating in a research note on Tuesday, March 5th. Scotiabank downgraded Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 price target for the company. in a research note on Friday, February 16th. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $154.00 price target on shares of Digital Realty Trust in a research note on Wednesday, March 27th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Hold” and an average price target of $143.33.

Digital Realty Trust Stock Up 0.7 %

DLR opened at $136.66 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 1.14. Digital Realty Trust, Inc. has a 12 month low of $86.33 and a 12 month high of $154.18. The stock has a market capitalization of $42.68 billion, a price-to-earnings ratio of 46.01, a price-to-earnings-growth ratio of 3.38 and a beta of 0.54. The business has a 50-day moving average of $142.29 and a two-hundred day moving average of $135.77.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.57%. The ex-dividend date of this dividend was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) 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.