American Institute for Advanced Investment Management LLP Acquires 4,660 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

American Institute for Advanced Investment Management LLP raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 195.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,040 shares of the real estate investment trust’s stock after purchasing an additional 4,660 shares during the period. American Institute for Advanced Investment Management LLP’s holdings in Digital Realty Trust were worth $1,139,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Los Angeles Capital Management LLC lifted its position in Digital Realty Trust by 29.8% in the 1st quarter. Los Angeles Capital Management LLC now owns 2,538 shares of the real estate investment trust’s stock valued at $366,000 after acquiring an additional 583 shares in the last quarter. Sound Income Strategies LLC increased its holdings in Digital Realty Trust by 122.4% in the 1st quarter. Sound Income Strategies LLC now owns 407 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 224 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in Digital Realty Trust during the 1st quarter valued at about $34,000. GoalVest Advisory LLC purchased a new stake in shares of Digital Realty Trust during the 1st quarter valued at about $29,000. Finally, Ameliora Wealth Management Ltd. purchased a new position in shares of Digital Realty Trust during the first quarter valued at approximately $151,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

DLR has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their target price on shares of Digital Realty Trust from $175.00 to $180.00 and gave the company an “overweight” rating in a research note on Tuesday, October 1st. Stifel Nicolaus increased their target price on Digital Realty Trust from $165.00 to $175.00 and gave the company a “buy” rating in a report on Friday, July 12th. Truist Financial boosted their price target on Digital Realty Trust from $160.00 to $168.00 and gave the company a “buy” rating in a research note on Tuesday, August 13th. Mizuho started coverage on shares of Digital Realty Trust in a research report on Thursday, July 11th. They set an “outperform” rating and a $170.00 target price for the company. Finally, Barclays increased their price objective on shares of Digital Realty Trust from $130.00 to $135.00 and gave the company an “underweight” rating in a report on Thursday, October 10th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $158.33.

Insiders Place Their Bets

In other news, Director Jean F. H. P. Mandeville sold 600 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $150.26, for a total transaction of $90,156.00. Following the transaction, the director now owns 9,055 shares in the company, valued at approximately $1,360,604.30. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.17% of the company’s stock.

Digital Realty Trust Trading Down 0.2 %

Shares of DLR stock traded down $0.37 on Thursday, reaching $165.43. 272,820 shares of the company’s stock were exchanged, compared to its average volume of 1,804,721. The company’s fifty day simple moving average is $156.77 and its 200 day simple moving average is $150.27. Digital Realty Trust, Inc. has a 52 week low of $116.18 and a 52 week high of $166.60. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $51.68 billion, a PE ratio of 46.06, a P/E/G ratio of 5.08 and a beta of 0.60.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate of $1.63 by ($1.43). The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.38 billion. Digital Realty Trust had a return on equity of 5.93% and a net margin of 20.58%. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter last year, the business posted $1.68 earnings per share. As a group, analysts forecast that Digital Realty Trust, Inc. will post 6.65 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend was Friday, September 13th. Digital Realty Trust’s dividend payout ratio is presently 135.56%.

About Digital Realty Trust

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.