GDS Wealth Management Purchases New Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

GDS Wealth Management purchased a new stake in shares of 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 1,553 shares of the real estate investment trust’s stock, valued at approximately $209,000.

A number of other institutional investors have also recently made changes to their positions in DLR. Operose Advisors LLC bought a new stake in Digital Realty Trust during the third quarter worth approximately $27,000. Baldwin Brothers LLC MA raised its holdings in shares of Digital Realty Trust by 528.6% during the fourth quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 185 shares during the last quarter. Bfsg LLC purchased a new stake in Digital Realty Trust during the fourth quarter worth $31,000. Turtle Creek Wealth Advisors LLC purchased a new stake in Digital Realty Trust in the 4th quarter worth $32,000. Finally, Tennessee Valley Asset Management Partners acquired a new position in Digital Realty Trust in the 4th quarter valued at $32,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. StockNews.com cut Digital Realty Trust from a “hold” rating to a “sell” 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 price objective for the stock from $135.00 to $155.00 in a research report on Tuesday, April 9th. Raymond James increased their target price on Digital Realty Trust from $140.00 to $170.00 and gave the stock a “strong-buy” rating in a research report on Friday, February 16th. JPMorgan Chase & Co. raised their price target on shares of Digital Realty Trust from $125.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, February 20th. Finally, Scotiabank downgraded shares of Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 price target on the stock. in a research note on Friday, February 16th. Three analysts have rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $142.65.

Insider Activity

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total value of $494,700.00. Following the completion of the transaction, the director now owns 8,413 shares in the company, valued at approximately $1,224,091.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.39% of the stock is currently owned by corporate insiders.

Digital Realty Trust Stock Down 1.2 %

Digital Realty Trust stock traded down $1.67 during midday trading on Friday, reaching $141.87. The stock had a trading volume of 337,968 shares, compared to its average volume of 2,088,795. The company has a current ratio of 1.29, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. Digital Realty Trust, Inc. has a 12 month low of $86.33 and a 12 month high of $154.18. The company has a fifty day moving average price of $142.46 and a two-hundred day moving average price of $137.94. The company has a market capitalization of $44.32 billion, a P/E ratio of 39.89, a PEG ratio of 3.34 and a beta of 0.55.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a $1.22 dividend. The ex-dividend date is Friday, June 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.44%. Digital Realty Trust’s payout ratio is 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.