Nikulski Financial Inc. Raises Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Nikulski Financial Inc. grew its position in Digital Realty Trust, Inc. (NYSE:DLR) by 5.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,002 shares of the real estate investment trust’s stock after purchasing an additional 659 shares during the quarter. Nikulski Financial Inc.’s holdings in Digital Realty Trust were worth $2,104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of DLR. Meeder Asset Management Inc. bought a new stake in shares of Digital Realty Trust during the second quarter valued at approximately $25,000. American Capital Advisory LLC purchased a new position in shares of Digital Realty Trust during the second quarter valued at about $27,000. Private Ocean LLC purchased a new stake in shares of Digital Realty Trust in the second quarter worth about $27,000. Gradient Investments LLC raised its holdings in shares of 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 in the last quarter. Finally, Adirondack Trust Co. boosted its position in shares of Digital Realty Trust by 68.6% during the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 81 shares during the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on DLR shares. HSBC raised shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and lifted their price objective for the stock from $124.00 to $160.00 in a research note on Friday, October 4th. Royal Bank of Canada boosted their target price on Digital Realty Trust from $177.00 to $207.00 and gave the company an “outperform” rating in a research report on Monday. TD Cowen lifted their price objective on shares of Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Barclays raised their target price on shares of Digital Realty Trust from $130.00 to $135.00 and gave the stock an “underweight” rating in a report on Thursday, October 10th. Finally, Mizuho started coverage on Digital Realty Trust in a research report on Thursday, July 11th. They set an “outperform” rating and a $170.00 target price for the company. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Digital Realty Trust presently has an average rating of “Hold” and a consensus price target of $167.68.

Digital Realty Trust Stock Performance

NYSE DLR traded down $1.60 on Thursday, reaching $180.57. 64,046 shares of the company’s stock traded hands, compared to its average volume of 1,829,707. Digital Realty Trust, Inc. has a fifty-two week low of $121.78 and a fifty-two week high of $193.88. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.78. The firm has a market cap of $59.12 billion, a price-to-earnings ratio of 153.08, a P/E/G ratio of 5.08 and a beta of 0.60. The stock has a 50 day moving average price of $159.72 and a 200-day moving average price of $151.52.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). Digital Realty Trust had a return on equity of 5.93% and a net margin of 20.58%. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the business earned $1.62 EPS. Digital Realty Trust’s revenue for the quarter was up 2.1% compared to the same quarter last year. Equities research analysts predict that Digital Realty Trust, Inc. will post 6.65 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders 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 dividend yield of 2.70%. Digital Realty Trust’s dividend payout ratio (DPR) is 410.08%.

About Digital Realty Trust

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.