Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. boosted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 33.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,392 shares of the real estate investment trust’s stock after purchasing an additional 3,599 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Digital Realty Trust were worth $1,938,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Operose Advisors LLC purchased a new position in shares of Digital Realty Trust in the 3rd quarter worth $27,000. Baldwin Brothers LLC MA lifted its stake in shares of 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 in the last quarter. Bfsg LLC acquired a new stake in Digital Realty Trust during the 4th quarter worth approximately $31,000. Turtle Creek Wealth Advisors LLC acquired a new position in Digital Realty Trust during the fourth quarter valued at approximately $32,000. Finally, Tennessee Valley Asset Management Partners acquired a new stake in shares of Digital Realty Trust in the fourth quarter worth $32,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 0.3 %

Shares of Digital Realty Trust stock opened at $142.39 on Tuesday. The business has a 50-day moving average price of $141.93 and a 200 day moving average price of $137.01. 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 cap of $44.47 billion, a P/E ratio of 47.94, a P/E/G ratio of 3.25 and a beta of 0.54. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.92.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.43%. The ex-dividend date was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio is currently 164.31%.

Wall Street Analysts Forecast Growth

DLR has been the topic of several recent research reports. Royal Bank of Canada restated an “outperform” rating and set a $144.00 target price on shares of Digital Realty Trust in a report on Friday, February 16th. Evercore ISI restated an “outperform” rating and set a $154.00 price objective on shares of Digital Realty Trust in a research note on Wednesday, March 27th. Stifel Nicolaus raised their target price on Digital Realty Trust from $155.00 to $160.00 and gave the company a “buy” rating in a report on Friday, February 16th. Citigroup upped their price target on Digital Realty Trust from $154.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, February 29th. Finally, Truist Financial boosted their target price on shares of Digital Realty Trust from $145.00 to $158.00 and gave the stock a “buy” rating in a research report on Monday, March 18th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $143.33.

Insider Buying and Selling

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of the firm’s stock in a transaction dated 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 directly owns 8,413 shares in the company, valued at approximately $1,224,091.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.39% of the stock is currently owned by company 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.