Kestra Private Wealth Services LLC Buys New Position in Digital Realty Trust, Inc. (NYSE:DLR)

Kestra Private Wealth Services LLC purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,345 shares of the real estate investment trust’s stock, valued at approximately $318,000.

Other large investors have also modified their holdings of the company. Operose Advisors LLC acquired a new stake in Digital Realty Trust during the 3rd quarter worth about $27,000. Baldwin Brothers LLC MA boosted its position in Digital Realty Trust by 528.6% in the fourth quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 185 shares during the last quarter. Bfsg LLC acquired a new position in Digital Realty Trust in the 4th quarter worth approximately $31,000. Turtle Creek Wealth Advisors LLC purchased a new position in Digital Realty Trust during the 4th quarter worth approximately $32,000. Finally, Tennessee Valley Asset Management Partners acquired a new stake in Digital Realty Trust during the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Transactions at Digital Realty Trust

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 of the company’s stock, valued at $1,224,091.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.39% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on DLR shares. Morgan Stanley raised their target price on shares of Digital Realty Trust from $100.00 to $108.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 2nd. Royal Bank of Canada reissued an “outperform” rating and issued a $144.00 price objective on shares of Digital Realty Trust in a report on Friday, February 16th. Stifel Nicolaus raised their target price on Digital Realty Trust from $155.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, February 16th. Evercore ISI reissued an “outperform” rating and issued a $154.00 price target on shares of Digital Realty Trust in a report on Wednesday, March 27th. Finally, UBS Group raised their price objective on shares of Digital Realty Trust from $143.00 to $147.00 and gave the stock a “neutral” rating in a research note on Friday, May 3rd. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $142.65.

Digital Realty Trust Stock Performance

NYSE DLR opened at $140.18 on Thursday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.29 and a quick ratio of 1.14. The stock’s 50 day simple moving average is $142.51 and its 200-day simple moving average is $137.93. The company has a market cap of $43.80 billion, a PE ratio of 38.94, a price-to-earnings-growth ratio of 3.34 and a beta of 0.55. Digital Realty Trust, Inc. has a 1-year low of $86.33 and a 1-year high of $154.18.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.48%. Digital Realty Trust’s payout ratio is currently 135.56%.

Digital Realty Trust 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.