Livforsakringsbolaget Skandia Omsesidigt Increases Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 107.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 887 shares of the real estate investment trust’s stock after purchasing an additional 460 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Digital Realty Trust were worth $120,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Operose Advisors LLC bought a new stake in Digital Realty Trust in the 3rd quarter worth approximately $27,000. Carolinas Wealth Consulting LLC increased its stake 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 worth $27,000 after acquiring an additional 167 shares during the last quarter. Clear Street Markets LLC increased its stake 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 worth $29,000 after acquiring an additional 289 shares during the last quarter. Baldwin Brothers LLC MA increased its stake 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 worth $30,000 after acquiring an additional 185 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in Digital Realty Trust in the 4th quarter worth approximately $32,000. Institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Raymond James lifted their price objective on Digital Realty Trust from $140.00 to $170.00 and gave the stock a “strong-buy” rating in a research note on Friday, February 16th. Wells Fargo & Company upgraded Digital Realty Trust from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $135.00 to $155.00 in a report on Tuesday, April 9th. Morgan Stanley lifted their target price on 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 reaffirmed an “outperform” rating and set a $144.00 target price on shares of Digital Realty Trust in a research report on Friday, February 16th. Finally, StockNews.com lowered Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $143.33.

Insider Buying and Selling

In related news, Director Jean F. H. P. Mandeville sold 3,400 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total transaction of $494,700.00. Following the sale, 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 filing with the SEC, which can be accessed through this hyperlink. 0.39% of the stock is owned by corporate insiders.

Digital Realty Trust Trading Up 0.7 %

Shares of NYSE:DLR opened at $136.66 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 1.14. The business’s 50-day moving average is $142.29 and its 200 day moving average is $135.77. The firm has a market capitalization of $42.68 billion, a P/E ratio of 46.01, a P/E/G ratio of 3.08 and a beta of 0.54. Digital Realty Trust, Inc. has a 1 year low of $86.33 and a 1 year high of $154.18.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $1.22 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.57%. Digital Realty Trust’s payout ratio is 164.31%.

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.