Digital Realty Trust, Inc. (NYSE:DLR) Stock Holdings Increased by Franklin Street Advisors Inc. NC

Franklin Street Advisors Inc. NC raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,545 shares of the real estate investment trust’s stock after acquiring an additional 359 shares during the period. Franklin Street Advisors Inc. NC’s holdings in Digital Realty Trust were worth $9,153,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Rise Advisors LLC raised its stake in 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 valued at $28,000 after acquiring an additional 180 shares in the last quarter. GoalVest Advisory LLC bought a new stake in Digital Realty Trust during the 1st quarter valued at $29,000. Baldwin Brothers LLC MA raised its stake 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 worth $30,000 after buying an additional 185 shares in the last quarter. Operose Advisors LLC bought a new stake in shares of Digital Realty Trust in the 3rd quarter worth $27,000. Finally, Bfsg LLC bought a new stake in shares of Digital Realty Trust in the 4th quarter worth $31,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Up 0.8 %

Shares of DLR stock traded up $1.13 on Thursday, reaching $148.02. 759,086 shares of the company’s stock traded hands, compared to its average volume of 1,964,660. Digital Realty Trust, Inc. has a 12-month low of $108.14 and a 12-month high of $154.18. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.29 and a current ratio of 1.29. The company has a market capitalization of $46.25 billion, a P/E ratio of 40.79, a price-to-earnings-growth ratio of 19.17 and a beta of 0.57. The business’s 50 day moving average price is $143.90 and its two-hundred day moving average price is $141.43.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.30%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.

Analysts Set New Price Targets

A number of research firms have recently commented on DLR. BMO Capital Markets raised Digital Realty Trust from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $144.00 to $170.00 in a research note on Wednesday. Royal Bank of Canada boosted their price objective on Digital Realty Trust from $144.00 to $160.00 and gave the stock an “outperform” rating in a research note on Monday, June 3rd. Deutsche Bank Aktiengesellschaft boosted their price objective on Digital Realty Trust from $143.00 to $145.00 and gave the stock a “hold” rating in a research note on Thursday, May 30th. Evercore ISI restated an “outperform” rating and issued a $154.00 target price on shares of Digital Realty Trust in a report on Wednesday, March 27th. Finally, Barclays lifted their target price on Digital Realty Trust from $119.00 to $123.00 and gave the stock an “underweight” rating in a report on Thursday, May 30th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Digital Realty Trust currently has an average rating of “Hold” and an average price target of $146.06.

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.