Leeward Investments LLC MA Has $13.97 Million Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Leeward Investments LLC MA lessened its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 2.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,794 shares of the real estate investment trust’s stock after selling 2,797 shares during the quarter. Leeward Investments LLC MA’s holdings in Digital Realty Trust were worth $13,969,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Baldwin Brothers LLC MA boosted its holdings in shares of 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 period. Operose Advisors LLC acquired a new position in Digital Realty Trust during the third quarter worth $27,000. Bfsg LLC acquired a new position in Digital Realty Trust during the fourth quarter worth $31,000. Turtle Creek Wealth Advisors LLC acquired a new position in Digital Realty Trust during the fourth quarter worth $32,000. Finally, Tennessee Valley Asset Management Partners acquired a new position in Digital Realty Trust during the fourth quarter worth $32,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $142.85 on Friday. The company has a fifty day moving average of $141.81 and a 200-day moving average of $136.68. The firm has a market capitalization of $44.61 billion, a P/E ratio of 48.10, a P/E/G ratio of 3.22 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, Inc. has a twelve month low of $86.33 and a twelve month high of $154.18.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend was Thursday, March 14th. Digital Realty Trust’s payout ratio is currently 164.31%.

Analysts Set New Price Targets

Several research analysts recently commented on DLR shares. Raymond James increased their target price on shares of Digital Realty Trust from $140.00 to $170.00 and gave the stock a “strong-buy” rating in a report on Friday, February 16th. StockNews.com lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $144.00 price target on shares of Digital Realty Trust in a research report on Friday, February 16th. Truist Financial upped their price target 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. Finally, Citigroup upped their price target on shares of Digital Realty Trust from $154.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Digital Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $143.33.

Insider Activity at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 3,400 shares of Digital Realty Trust stock in a transaction 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 sale, the director now owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.39% of the stock is currently 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.