Digital Realty Trust, Inc. $DLR Shares Bought by OFI Invest Asset Management

OFI Invest Asset Management lifted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 37,575.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 271,265 shares of the real estate investment trust’s stock after buying an additional 270,545 shares during the period. OFI Invest Asset Management owned approximately 0.08% of Digital Realty Trust worth $46,896,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of DLR. Jamison Private Wealth Management Inc. lifted its holdings in Digital Realty Trust by 4.8% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 32,229 shares of the real estate investment trust’s stock valued at $5,572,000 after acquiring an additional 1,463 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Digital Realty Trust by 8.2% in the 3rd quarter. Exchange Traded Concepts LLC now owns 7,190 shares of the real estate investment trust’s stock worth $1,243,000 after purchasing an additional 545 shares during the last quarter. RoundAngle Advisors LLC raised its holdings in shares of Digital Realty Trust by 6.5% in the 3rd quarter. RoundAngle Advisors LLC now owns 11,473 shares of the real estate investment trust’s stock worth $1,983,000 after purchasing an additional 703 shares in the last quarter. Sound Income Strategies LLC lifted its stake in Digital Realty Trust by 27,677.8% during the third quarter. Sound Income Strategies LLC now owns 87,778 shares of the real estate investment trust’s stock valued at $15,380,000 after purchasing an additional 87,462 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC boosted its holdings in Digital Realty Trust by 4.4% during the third quarter. Foster Victor Wealth Advisors LLC now owns 44,818 shares of the real estate investment trust’s stock worth $7,904,000 after buying an additional 1,887 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

DLR has been the topic of several research reports. Moffett Nathanson upped their price target on Digital Realty Trust from $166.00 to $172.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Citigroup lifted their target price on Digital Realty Trust from $200.00 to $212.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Truist Financial upped their target price on Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Digital Realty Trust in a research note on Monday, December 15th. Finally, Wolfe Research upgraded Digital Realty Trust from a “peer perform” rating to an “outperform” rating and set a $194.00 price objective on the stock in a report on Monday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $197.55.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of Digital Realty Trust stock in a transaction on Monday, December 1st. The shares were sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock opened at $153.35 on Tuesday. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $187.74. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 0.80. The stock has a market cap of $52.68 billion, a PE ratio of 39.63, a price-to-earnings-growth ratio of 3.87 and a beta of 1.11. The business has a fifty day simple moving average of $163.54 and a 200-day simple moving average of $169.04.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.15 earnings per share for the quarter. Digital Realty Trust had a return on equity of 6.41% and a net margin of 23.67%.The firm had revenue of $1.58 billion for the quarter. On average, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business 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 $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.2%. The ex-dividend date is Monday, December 15th. Digital Realty Trust’s dividend payout ratio is currently 126.10%.

Digital Realty Trust Company Profile

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.