Digital Realty Trust, Inc. (NYSE:DLR) Position Trimmed by Marshall Financial Group LLC

Marshall Financial Group LLC lowered its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 0.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,742 shares of the real estate investment trust’s stock after selling 106 shares during the period. Digital Realty Trust makes up about 0.7% of Marshall Financial Group LLC’s investment portfolio, making the stock its 28th largest holding. Marshall Financial Group LLC’s holdings in Digital Realty Trust were worth $3,033,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Meeder Asset Management Inc. purchased a new stake in shares of Digital Realty Trust during the second quarter valued at $25,000. American Capital Advisory LLC bought a new position in Digital Realty Trust during the second quarter valued at approximately $27,000. Private Ocean LLC acquired a new stake in Digital Realty Trust in the second quarter valued at approximately $27,000. Gradient Investments LLC grew its position in Digital Realty Trust by 75.2% in the second quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Finally, Rise Advisors LLC increased its stake in shares of Digital Realty Trust by 1,125.0% during the 1st quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 180 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Price Performance

NYSE:DLR opened at $163.74 on Friday. The company has a market capitalization of $51.16 billion, a price-to-earnings ratio of 45.48, a PEG ratio of 5.08 and a beta of 0.60. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.78. Digital Realty Trust, Inc. has a 52 week low of $113.94 and a 52 week high of $165.17. The company has a 50-day moving average of $155.53 and a 200-day moving average of $149.53.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $1.63 by ($1.43). The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.38 billion. Digital Realty Trust had a net margin of 20.58% and a return on equity of 5.93%. The firm’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.68 EPS. As a group, equities research analysts anticipate that Digital Realty Trust, Inc. will post 6.65 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were given a dividend of $1.22 per share. The ex-dividend date was Friday, September 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.98%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 135.56%.

Insider Activity at Digital Realty Trust

In other news, Director Jean F. H. P. Mandeville sold 600 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $150.26, for a total value of $90,156.00. Following the completion of the sale, the director now directly owns 9,055 shares in the company, valued at approximately $1,360,604.30. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on DLR shares. BMO Capital Markets raised shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $144.00 to $170.00 in a research report on Wednesday, June 26th. Barclays increased their price objective on Digital Realty Trust from $130.00 to $135.00 and gave the company an “underweight” rating in a report on Thursday, October 10th. Truist Financial boosted their target price on Digital Realty Trust from $160.00 to $168.00 and gave the stock a “buy” rating in a report on Tuesday, August 13th. HSBC upgraded Digital Realty Trust from a “reduce” rating to a “hold” rating and increased their price target for the company from $124.00 to $160.00 in a report on Friday, October 4th. Finally, Mizuho began coverage on shares of Digital Realty Trust in a report on Thursday, July 11th. They set an “outperform” rating and a $170.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $157.17.

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.