270 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Bought by CVA Family Office LLC

CVA Family Office LLC purchased a new position in Digital Realty Trust, Inc. (NYSE:DLRFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 270 shares of the real estate investment trust’s stock, valued at approximately $36,000.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Digital Realty Trust by 2.1% in the third quarter. Vanguard Group Inc. now owns 47,390,848 shares of the real estate investment trust’s stock valued at $5,735,240,000 after buying an additional 971,032 shares during the last quarter. State Street Corp raised its stake in Digital Realty Trust by 2.3% in the 2nd quarter. State Street Corp now owns 20,596,456 shares of the real estate investment trust’s stock valued at $2,345,318,000 after purchasing an additional 464,694 shares during the last quarter. FMR LLC increased its stake in shares of Digital Realty Trust by 4.8% during the 3rd quarter. FMR LLC now owns 8,647,509 shares of the real estate investment trust’s stock valued at $1,046,522,000 after acquiring an additional 394,682 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Digital Realty Trust by 0.4% during the 1st quarter. Geode Capital Management LLC now owns 6,032,301 shares of the real estate investment trust’s stock worth $591,734,000 after purchasing an additional 24,736 shares during the period. Finally, Centersquare Investment Management LLC raised its position in shares of Digital Realty Trust by 11.8% in the 2nd quarter. Centersquare Investment Management LLC now owns 4,446,451 shares of the real estate investment trust’s stock valued at $506,317,000 after purchasing an additional 468,289 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on DLR shares. KeyCorp assumed coverage on Digital Realty Trust in a research note on Wednesday, December 6th. They issued a “sector weight” rating for the company. Morgan Stanley raised their target price on Digital Realty Trust from $98.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Friday, December 8th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $144.00 price target on shares of Digital Realty Trust in a research note on Friday, February 16th. Evercore ISI reaffirmed an “outperform” rating and issued a $154.00 price objective on shares of Digital Realty Trust in a research report on Wednesday. Finally, Raymond James raised their price objective on Digital Realty Trust from $140.00 to $170.00 and gave the company a “strong-buy” rating in a report on Friday, February 16th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Digital Realty Trust currently has a consensus rating of “Hold” and a consensus target price of $141.47.

Get Our Latest Analysis on DLR

Insider Buying and Selling at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 3,400 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total value of $494,700.00. Following the transaction, the director now owns 8,413 shares in the company, valued at approximately $1,224,091.50. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.39% of the company’s stock.

Digital Realty Trust Stock Up 0.2 %

DLR opened at $144.00 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 1.14. The company’s 50-day moving average is $142.65 and its 200 day moving average is $134.07. Digital Realty Trust, Inc. has a fifty-two week low of $86.33 and a fifty-two week high of $154.18. The firm has a market capitalization of $44.97 billion, a P/E ratio of 48.49, a PEG ratio of 3.16 and a beta of 0.54.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.39%. The ex-dividend date of this dividend was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio is currently 164.31%.

Digital Realty Trust Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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