Capital Investment Advisors LLC Has $6.99 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Capital Investment Advisors LLC boosted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 9.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,194 shares of the real estate investment trust’s stock after buying an additional 3,787 shares during the quarter. Capital Investment Advisors LLC’s holdings in Digital Realty Trust were worth $6,990,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Blue Trust Inc. lifted its holdings in Digital Realty Trust by 122.2% during the 3rd quarter. Blue Trust Inc. now owns 4,155 shares of the real estate investment trust’s stock worth $632,000 after buying an additional 2,285 shares during the period. Vert Asset Management LLC lifted its holdings in Digital Realty Trust by 2.9% during the 3rd quarter. Vert Asset Management LLC now owns 127,278 shares of the real estate investment trust’s stock worth $20,597,000 after buying an additional 3,609 shares during the period. Stratos Investment Management LLC lifted its holdings in Digital Realty Trust by 7.1% during the 3rd quarter. Stratos Investment Management LLC now owns 16,137 shares of the real estate investment trust’s stock worth $2,611,000 after buying an additional 1,066 shares during the period. Claro Advisors LLC acquired a new position in Digital Realty Trust during the 3rd quarter worth about $209,000. Finally, V Square Quantitative Management LLC lifted its holdings in Digital Realty Trust by 17.1% during the 3rd quarter. V Square Quantitative Management LLC now owns 5,649 shares of the real estate investment trust’s stock worth $914,000 after buying an additional 824 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Jean F. H. P. Mandeville sold 600 shares of Digital Realty Trust stock in a transaction dated 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 owns 9,055 shares of the company’s stock, valued at approximately $1,360,604.30. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.17% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Digital Realty Trust from $175.00 to $180.00 and gave the company an “overweight” rating in a research note on Tuesday, October 1st. Barclays boosted their price objective on Digital Realty Trust from $130.00 to $135.00 and gave the company an “underweight” rating in a research note on Thursday, October 10th. Stifel Nicolaus boosted their price objective on Digital Realty Trust from $165.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, July 12th. Truist Financial boosted their price objective on Digital Realty Trust from $160.00 to $168.00 and gave the company a “buy” rating in a research note on Tuesday, August 13th. Finally, TD Cowen dropped their price objective on Digital Realty Trust from $122.00 to $120.00 and set a “hold” rating on the stock in a research note on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $157.17.

Digital Realty Trust Trading Up 1.0 %

Shares of Digital Realty Trust stock opened at $165.35 on Friday. Digital Realty Trust, Inc. has a 1 year low of $113.94 and a 1 year high of $165.65. The firm has a market cap of $51.66 billion, a PE ratio of 45.93, a P/E/G ratio of 5.08 and a beta of 0.60. The stock has a fifty day moving average price of $155.83 and a 200-day moving average price of $149.69. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.78 and a quick ratio of 1.78.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.63 by ($1.43). Digital Realty Trust had a net margin of 20.58% and a return on equity of 5.93%. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the prior year, the business earned $1.68 earnings per share. The company’s revenue for the quarter was down .7% compared to the same quarter last year. Equities research analysts anticipate that Digital Realty Trust, Inc. will post 6.65 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.95%. The ex-dividend date was Friday, September 13th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.

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.