Raymond James Financial Services Advisors Inc. Raises Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Raymond James Financial Services Advisors Inc. raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 6.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 113,198 shares of the real estate investment trust’s stock after acquiring an additional 7,054 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Digital Realty Trust were worth $15,234,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Schechter Investment Advisors LLC grew its stake in Digital Realty Trust by 18.5% in the third quarter. Schechter Investment Advisors LLC now owns 3,269 shares of the real estate investment trust’s stock valued at $396,000 after purchasing an additional 511 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Digital Realty Trust by 2.8% in the third quarter. American Century Companies Inc. now owns 720,618 shares of the real estate investment trust’s stock worth $87,209,000 after buying an additional 19,931 shares during the last quarter. Vanguard Group Inc. raised its stake in Digital Realty Trust by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 47,390,848 shares of the real estate investment trust’s stock worth $5,735,240,000 after acquiring an additional 971,032 shares during the last quarter. Shelton Capital Management raised its stake in Digital Realty Trust by 753.5% in the 3rd quarter. Shelton Capital Management now owns 17,897 shares of the real estate investment trust’s stock worth $2,166,000 after acquiring an additional 15,800 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC grew its stake in Digital Realty Trust by 145.2% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 11,753 shares of the real estate investment trust’s stock valued at $1,422,000 after purchasing an additional 6,959 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of the business’s 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 sale, the director now directly owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.39% of the stock is currently owned by corporate insiders.

Digital Realty Trust Price Performance

DLR stock opened at $144.04 on Friday. Digital Realty Trust, Inc. has a 52-week low of $86.33 and a 52-week high of $154.18. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.92. The stock has a market cap of $44.98 billion, a price-to-earnings ratio of 48.50, a price-to-earnings-growth ratio of 3.26 and a beta of 0.54. The business has a fifty day moving average of $142.84 and a two-hundred day moving average of $134.14.

Digital Realty Trust Announces Dividend

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

Analysts Set New Price Targets

DLR has been the topic of several research reports. KeyCorp began coverage on shares of Digital Realty Trust in a report on Wednesday, December 6th. They issued a “sector weight” rating on the stock. Scotiabank lowered shares of Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 price target on the stock. in a research report on Friday, February 16th. Citigroup upped their price objective on shares of Digital Realty Trust from $154.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. Morgan Stanley increased their price target 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. Finally, JPMorgan Chase & Co. boosted their price target on shares of Digital Realty Trust from $125.00 to $140.00 and gave the stock a “neutral” rating in a report on Tuesday, February 20th. Three analysts have rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Hold” and an average price target of $141.47.

View Our Latest Research Report on Digital Realty Trust

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.

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

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