BSW Wealth Partners Sells 211 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

BSW Wealth Partners trimmed its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 14.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,281 shares of the real estate investment trust’s stock after selling 211 shares during the quarter. BSW Wealth Partners’ holdings in Digital Realty Trust were worth $207,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of DLR. Meeder Asset Management Inc. purchased a new position in Digital Realty Trust during the 2nd quarter valued at about $25,000. Gradient Investments LLC increased its holdings in Digital Realty Trust by 75.2% during the 2nd 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 during the period. American Capital Advisory LLC purchased a new stake in Digital Realty Trust in the 2nd quarter worth approximately $27,000. Private Ocean LLC bought a new position in Digital Realty Trust in the 2nd quarter valued at $27,000. Finally, Asset Dedication LLC purchased a new position in shares of Digital Realty Trust during the 2nd quarter valued at $31,000. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Performance

Shares of DLR stock opened at $177.32 on Tuesday. The firm has a market capitalization of $58.06 billion, a price-to-earnings ratio of 149.01, a PEG ratio of 5.73 and a beta of 0.59. The stock has a fifty day moving average of $161.28 and a 200 day moving average of $152.48. Digital Realty Trust, Inc. has a 52 week low of $126.22 and a 52 week high of $193.88. The company has a quick ratio of 1.78, a current ratio of 1.61 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the previous year, the firm posted $1.62 EPS. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. As a group, research analysts expect that Digital Realty Trust, Inc. will post 6.7 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.75%. Digital Realty Trust’s dividend payout ratio is presently 410.08%.

Analyst Ratings Changes

Several research firms recently issued reports on DLR. Royal Bank of Canada lifted their price objective on Digital Realty Trust from $177.00 to $207.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. Scotiabank boosted their price objective on Digital Realty Trust from $157.00 to $178.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. Truist Financial raised their target price on shares of Digital Realty Trust from $160.00 to $168.00 and gave the company a “buy” rating in a research note on Tuesday, August 13th. JPMorgan Chase & Co. boosted their price target on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. Finally, Jefferies Financial Group raised their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $167.68.

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.