Digital Realty Trust, Inc. $DLR Shares Acquired by WealthShield Partners LLC

WealthShield Partners LLC raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,129 shares of the real estate investment trust’s stock after acquiring an additional 735 shares during the period. WealthShield Partners LLC’s holdings in Digital Realty Trust were worth $2,986,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DLR. Tobam acquired a new position in Digital Realty Trust during the second quarter valued at approximately $28,000. Greykasell Wealth Strategies Inc. purchased a new position in shares of Digital Realty Trust in the 1st quarter valued at $26,000. AdvisorShares Investments LLC acquired a new position in shares of Digital Realty Trust during the 2nd quarter valued at $32,000. NewSquare Capital LLC boosted its position in 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 purchasing an additional 112 shares during the period. Finally, AlphaQuest LLC raised its position in Digital Realty Trust by 163.5% in the second quarter. AlphaQuest LLC now owns 195 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 121 shares during the period. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $158.30 on Friday. The company has a market cap of $54.38 billion, a PE ratio of 40.90, a P/E/G ratio of 4.13 and a beta of 0.96. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The firm has a 50-day simple moving average of $171.44 and a 200 day simple moving average of $171.04. The company has a quick ratio of 2.22, a current ratio of 2.02 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Friday, October 31st. The real estate investment trust reported $0.15 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, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Monday, December 15th will be given a $1.22 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $4.88 annualized dividend and a yield of 3.1%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 126.10%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DLR. Moffett Nathanson upped their target price on Digital Realty Trust from $163.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. TD Cowen upped their price objective on shares of Digital Realty Trust from $163.00 to $179.00 and gave the company a “hold” rating in a research report on Friday, October 24th. Daiwa Capital Markets assumed coverage on Digital Realty Trust in a research note on Wednesday, October 22nd. They set a “buy” rating and a $210.00 target price for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Digital Realty Trust in a report on Thursday. Finally, Loop Capital set a $205.00 target price on shares of Digital Realty Trust in a research report on Monday, October 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average price target of $198.14.

Insider Transactions at Digital Realty Trust

In other news, CEO Andrew Power sold 53,269 shares of the business’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $175.16, for a total transaction of $9,330,598.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.13% of the company’s stock.

Digital Realty Trust Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.