Valeo Financial Advisors LLC Sells 116 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Valeo Financial Advisors LLC reduced its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,805 shares of the real estate investment trust’s stock after selling 116 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Digital Realty Trust were worth $378,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of DLR. Operose Advisors LLC bought a new stake in Digital Realty Trust in the 3rd quarter valued at $27,000. Carolinas Wealth Consulting LLC boosted its holdings in Digital Realty Trust by 156.1% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 274 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 167 shares during the period. Clear Street Markets LLC boosted its holdings in Digital Realty Trust by 28,900.0% in the 4th quarter. Clear Street Markets LLC now owns 290 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 289 shares during the period. Baldwin Brothers LLC MA boosted its holdings in 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 valued at $30,000 after purchasing an additional 185 shares during the period. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in Digital Realty Trust in the 4th quarter valued at $32,000. 99.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Scotiabank downgraded shares of Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 price target for the company. in a report on Friday, February 16th. Morgan Stanley increased their price objective on shares of Digital Realty Trust from $100.00 to $108.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 2nd. Citigroup increased their price objective on shares of Digital Realty Trust from $154.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, February 29th. Truist Financial increased their price objective on shares of Digital Realty Trust from $145.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, March 18th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $144.00 price objective on shares of Digital Realty Trust in a research note on Friday, February 16th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Digital Realty Trust has a consensus rating of “Hold” and a consensus price target of $143.33.

Digital Realty Trust Stock Down 0.5 %

Shares of NYSE DLR opened at $142.49 on Monday. The firm has a market capitalization of $44.50 billion, a PE ratio of 47.98, a price-to-earnings-growth ratio of 3.24 and a beta of 0.54. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.92. Digital Realty Trust, Inc. has a 1 year low of $86.33 and a 1 year high of $154.18. The firm’s 50-day moving average is $142.96 and its 200-day moving average is $135.51.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors 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 3.42%. The ex-dividend date was Thursday, March 14th. Digital Realty Trust’s payout ratio is 164.31%.

Insider Buying and Selling

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of the company’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 completion of the transaction, the director now owns 8,413 shares in the company, valued at $1,224,091.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.39% of the stock is owned by insiders.

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.