Fort Sheridan Advisors LLC Has $551,000 Stake in Digital Realty Trust, Inc. $DLR

Fort Sheridan Advisors LLC trimmed its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 32.4% in the second quarter, Holdings Channel reports. The fund owned 3,163 shares of the real estate investment trust’s stock after selling 1,517 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in Digital Realty Trust were worth $551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in DLR. South Plains Financial Inc. boosted its stake in Digital Realty Trust by 280.5% during 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 acquired a new position in shares of Digital Realty Trust during the second quarter worth approximately $28,000. Greykasell Wealth Strategies Inc. bought a new stake in shares of Digital Realty Trust in the first quarter valued at approximately $26,000. AdvisorShares Investments LLC bought a new position in Digital Realty Trust during the second quarter worth $32,000. Finally, NewSquare Capital LLC raised its stake 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 valued at $33,000 after purchasing an additional 112 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on DLR shares. Wall Street Zen lowered shares of Digital Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Saturday, November 8th. Stifel Nicolaus set a $210.00 target price on Digital Realty Trust in a research report on Friday, October 24th. Barclays upped their price target on Digital Realty Trust from $141.00 to $161.00 and gave the company an “underweight” rating in a report on Monday, October 27th. Citigroup lifted their price objective on Digital Realty Trust from $200.00 to $212.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Cowen restated a “hold” rating on shares of Digital Realty Trust in a research note on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $198.14.

Insider Activity

In related news, CEO Andrew Power sold 53,269 shares of the stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mary Hogan Preusse sold 4,166 shares of Digital Realty Trust 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 disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 62,166 shares of company stock worth $10,814,808. 0.13% of the stock is owned by insiders.

Digital Realty Trust Trading Down 2.3%

DLR stock opened at $156.40 on Tuesday. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $195.38. The company has a current ratio of 2.02, a quick ratio of 2.22 and a debt-to-equity ratio of 0.80. The business’s 50 day moving average is $168.57 and its 200-day moving average is $170.61. The firm has a market cap of $53.72 billion, a P/E ratio of 40.41, a P/E/G ratio of 4.13 and a beta of 0.96.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Friday, October 31st. The real estate investment trust reported $0.15 EPS for the quarter. The business 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%. Equities analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

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

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.