Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,301 shares of the real estate investment trust’s stock after acquiring an additional 72 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Digital Realty Trust were worth $848,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DLR. Schechter Investment Advisors LLC lifted its position in shares of Digital Realty Trust by 18.5% during the 3rd quarter. Schechter Investment Advisors LLC now owns 3,269 shares of the real estate investment trust’s stock worth $396,000 after buying an additional 511 shares during the last quarter. Lyell Wealth Management LP lifted its position in shares of Digital Realty Trust by 12.0% during the 4th quarter. Lyell Wealth Management LP now owns 48,347 shares of the real estate investment trust’s stock worth $6,507,000 after buying an additional 5,197 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Digital Realty Trust by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,236,434 shares of the real estate investment trust’s stock worth $435,559,000 after buying an additional 85,262 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Digital Realty Trust by 2.8% during the 3rd quarter. American Century Companies Inc. now owns 720,618 shares of the real estate investment trust’s stock worth $87,209,000 after buying an additional 19,931 shares during the last quarter. Finally, Metis Global Partners LLC lifted its position in shares of Digital Realty Trust by 9.0% during the 4th quarter. Metis Global Partners LLC now owns 62,182 shares of the real estate investment trust’s stock worth $8,368,000 after buying an additional 5,157 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on DLR shares. UBS Group boosted 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 report on Friday, May 3rd. Citigroup upped their price target on shares of Digital Realty Trust from $154.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, February 29th. HSBC upped their price target on shares of Digital Realty Trust from $115.00 to $118.00 and gave the company a “reduce” rating in a research report on Friday, May 3rd. Royal Bank of Canada reiterated an “outperform” rating and issued a $144.00 price target on shares of Digital Realty Trust in a research report on Friday, February 16th. Finally, TD Cowen upped their price target on shares of Digital Realty Trust from $116.00 to $122.00 and gave the company a “hold” rating in a research report on Friday, May 3rd. Three analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $142.65.

Insider Transactions at Digital Realty Trust

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of the company’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total transaction of $494,700.00. Following the transaction, the director now directly owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $144.24 on Wednesday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.91. Digital Realty Trust, Inc. has a fifty-two week low of $86.33 and a fifty-two week high of $154.18. The stock has a market cap of $45.06 billion, a PE ratio of 40.07 and a beta of 0.55. The firm’s fifty day simple moving average is $141.40 and its 200-day simple moving average is $139.32.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.38%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 135.56%.

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.