Leeward Investments LLC MA Invests $9.08 Million in Digital Realty Trust, Inc. (NYSE:DLR)

Leeward Investments LLC MA acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLRGet Rating) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 64,006 shares of the real estate investment trust’s stock, valued at approximately $9,076,000.

Several other large investors also recently made changes to their positions in DLR. Tyler Stone Wealth Management acquired a new stake in shares of Digital Realty Trust in the 4th quarter valued at approximately $25,000. FSB Premier Wealth Management Inc. acquired a new stake in Digital Realty Trust during the 4th quarter valued at $31,000. Covestor Ltd acquired a new stake in Digital Realty Trust during the 4th quarter valued at $32,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Digital Realty Trust during the 1st quarter valued at $35,000. Finally, Industrial Alliance Investment Management Inc. acquired a new stake in Digital Realty Trust during the 4th quarter valued at $39,000. Institutional investors and hedge funds own 98.53% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on DLR. Wells Fargo & Company raised their price target on Digital Realty Trust from $155.00 to $165.00 and gave the company an “overweight” rating in a report on Monday, April 25th. TD Securities raised their price target on Digital Realty Trust from $170.00 to $175.00 and gave the company a “buy” rating in a report on Friday, April 29th. Deutsche Bank Aktiengesellschaft increased their price objective on Digital Realty Trust from $144.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday. StockNews.com cut Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Monday, May 2nd. Finally, TheStreet cut Digital Realty Trust from a “b-” rating to a “c+” rating in a research report on Tuesday, July 12th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $164.14.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $129.47 on Friday. The stock’s 50 day moving average is $129.92 and its 200 day moving average is $137.13. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.55 and a quick ratio of 0.59. The firm has a market cap of $36.86 billion, a P/E ratio of 28.39, a P/E/G ratio of 2.79 and a beta of 0.31. Digital Realty Trust, Inc. has a one year low of $119.63 and a one year high of $178.22.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Tuesday, June 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.77%. Digital Realty Trust’s dividend payout ratio is 107.02%.

Insider Activity

In other Digital Realty Trust news, EVP David C. Ruberg sold 50,000 shares of the company’s stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $137.55, for a total value of $6,877,500.00. Following the completion of the transaction, the executive vice president now owns 200,000 shares in the company, valued at approximately $27,510,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP David C. Ruberg sold 50,000 shares of the stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $137.55, for a total transaction of $6,877,500.00. Following the sale, the executive vice president now owns 200,000 shares of the company’s stock, valued at approximately $27,510,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dyer Corey sold 2,504 shares of the stock in a transaction dated Friday, June 24th. The stock was sold at an average price of $137.27, for a total value of $343,724.08. Following the sale, the executive vice president now directly owns 11,689 shares in the company, valued at approximately $1,604,549.03. The disclosure for this sale can be found here. Corporate insiders own 0.41% of the company’s stock.

Digital Realty Trust Company Profile

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Digital Realty supports the world's leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITALR, the company's global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture PDxTM solution methodology for scaling digital business and efficiently managing data gravity challenges.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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