U.S. Capital Wealth Advisors LLC raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 86.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 16,596 shares of the real estate investment trust’s stock after acquiring an additional 7,711 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Digital Realty Trust were worth $2,869,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently modified their holdings of the company. Motley Fool Asset Management LLC boosted its holdings in Digital Realty Trust by 9.9% in the 2nd quarter. Motley Fool Asset Management LLC now owns 17,208 shares of the real estate investment trust’s stock valued at $3,000,000 after purchasing an additional 1,548 shares during the period. Arcadia Investment Management Corp MI raised its position in shares of Digital Realty Trust by 17.1% during the second quarter. Arcadia Investment Management Corp MI now owns 17,818 shares of the real estate investment trust’s stock valued at $3,106,000 after buying an additional 2,600 shares during the last quarter. Simon Quick Advisors LLC lifted its stake in shares of Digital Realty Trust by 1,417.7% in the second quarter. Simon Quick Advisors LLC now owns 27,333 shares of the real estate investment trust’s stock valued at $4,765,000 after buying an additional 25,532 shares during the period. Cim Investment Management Inc. lifted its stake in shares of Digital Realty Trust by 99.6% in the second quarter. Cim Investment Management Inc. now owns 22,734 shares of the real estate investment trust’s stock valued at $3,997,000 after buying an additional 11,345 shares during the period. Finally, Canada Pension Plan Investment Board grew its position in Digital Realty Trust by 3.0% during the second quarter. Canada Pension Plan Investment Board now owns 7,356,429 shares of the real estate investment trust’s stock worth $1,282,446,000 after buying an additional 211,692 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.
Digital Realty Trust Stock Performance
Shares of NYSE:DLR opened at $150.11 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.02. The business’s fifty day moving average price is $163.90 and its two-hundred day moving average price is $169.25. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $187.74. The stock has a market capitalization of $51.56 billion, a price-to-earnings ratio of 38.79, a price-to-earnings-growth ratio of 3.87 and a beta of 1.11.
Digital Realty Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Monday, December 15th will be paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Monday, December 15th. Digital Realty Trust’s dividend payout ratio is currently 126.10%.
Analyst Upgrades and Downgrades
A number of analysts have commented on the company. Jefferies Financial Group reduced their price objective on Digital Realty Trust from $206.00 to $184.00 and set a “buy” rating for the company in a research report on Tuesday, December 16th. Daiwa Capital Markets began coverage on Digital Realty Trust in a research note on Wednesday, October 22nd. They issued a “buy” rating and a $210.00 target price for the company. The Goldman Sachs Group began coverage on Digital Realty Trust in a research report on Thursday. They issued a “buy” rating and a $188.00 target price for the company. Barclays boosted their price target on shares of Digital Realty Trust from $141.00 to $161.00 and gave the company an “underweight” rating in a report on Monday, October 27th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Digital Realty Trust in a report on Monday, December 15th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $197.55.
Read Our Latest Analysis on Digital Realty Trust
Insider Buying and Selling at Digital Realty Trust
In other news, Director Mary Hogan Preusse sold 4,166 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total transaction of $655,811.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.
About Digital Realty Trust
Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.
Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.
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