VIRGINIA RETIREMENT SYSTEMS ET Al Has $27.22 Million Holdings in Digital Realty Trust, Inc. $DLR

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 13.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 157,470 shares of the real estate investment trust’s stock after buying an additional 18,600 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Digital Realty Trust were worth $27,223,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. South Plains Financial Inc. lifted its stake in shares of Digital Realty Trust by 280.5% in the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 115 shares during the period. Tobam bought a new stake in Digital Realty Trust in the second quarter worth approximately $28,000. 1 North Wealth Services LLC acquired a new position in Digital Realty Trust in the first quarter valued at approximately $31,000. AdvisorShares Investments LLC bought a new position in shares of Digital Realty Trust during the 2nd quarter worth approximately $32,000. Finally, NewSquare Capital LLC grew its position in shares of Digital Realty Trust by 149.3% during the 2nd quarter. NewSquare Capital LLC now owns 187 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 112 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Up 0.5%

NYSE:DLR opened at $156.38 on Wednesday. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $187.74. The firm has a 50-day moving average price of $161.34 and a two-hundred day moving average price of $168.13. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.02 and a current ratio of 2.02. The firm has a market cap of $53.72 billion, a price-to-earnings ratio of 40.41, a price-to-earnings-growth ratio of 4.02 and a beta of 1.11.

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

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Monday, December 15th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, December 15th. Digital Realty Trust’s payout ratio is 126.10%.

Insider Transactions at Digital Realty Trust

In related news, Director Mary Hogan Preusse sold 4,166 shares of the firm’s stock in a transaction dated 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on DLR. Moffett Nathanson boosted their target price on shares of Digital Realty Trust from $166.00 to $172.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. The Goldman Sachs Group initiated coverage on Digital Realty Trust in a research report on Thursday, December 18th. They issued a “buy” rating and a $188.00 target price for the company. Weiss Ratings raised Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Cowen reissued a “hold” rating on shares of Digital Realty Trust in a research note on Friday, October 24th. Finally, JPMorgan Chase & Co. upped their target price on Digital Realty Trust from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $197.55.

Digital Realty Trust 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.