2,298 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Acquired by Clarius Group LLC

Clarius Group LLC bought a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the 1st quarter, HoldingsChannel.com reports. The fund bought 2,298 shares of the real estate investment trust’s stock, valued at approximately $329,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Robbins Farley lifted its stake in shares of Digital Realty Trust by 0.7% in the 1st quarter. Robbins Farley now owns 10,956 shares of the real estate investment trust’s stock valued at $1,570,000 after acquiring an additional 71 shares during the last quarter. Colonial Trust Co SC increased its stake in Digital Realty Trust by 33.8% in the 4th quarter. Colonial Trust Co SC now owns 285 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 72 shares during the period. Legacy Financial Advisors Inc. increased its stake in Digital Realty Trust by 5.4% in the 4th quarter. Legacy Financial Advisors Inc. now owns 1,437 shares of the real estate investment trust’s stock worth $255,000 after purchasing an additional 74 shares during the period. Quent Capital LLC lifted its position in Digital Realty Trust by 7.6% in the first quarter. Quent Capital LLC now owns 1,064 shares of the real estate investment trust’s stock valued at $152,000 after purchasing an additional 75 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its stake in shares of Digital Realty Trust by 0.3% during the fourth quarter. Avantax Advisory Services Inc. now owns 24,149 shares of the real estate investment trust’s stock valued at $4,282,000 after purchasing an additional 80 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Up 0.3%

Shares of NYSE:DLR opened at $176.53 on Friday. The firm has a market capitalization of $59.45 billion, a P/E ratio of 164.98, a P/E/G ratio of 2.69 and a beta of 0.95. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.92 and a current ratio of 1.92. The stock has a 50 day moving average price of $165.68 and a 200-day moving average price of $165.57. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $198.00.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.04. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Digital Realty Trust had a return on equity of 2.07% and a net margin of 7.65%. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.67 earnings per share. As a group, equities research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $1.22 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.76%. Digital Realty Trust’s payout ratio is 456.07%.

Analysts Set New Price Targets

DLR has been the topic of several analyst reports. New Street Research raised shares of Digital Realty Trust to a “hold” rating in a research note on Monday, April 28th. Citigroup cut their price target on shares of Digital Realty Trust from $188.00 to $174.00 and set a “buy” rating on the stock in a report on Thursday, April 17th. Scotiabank decreased their price objective on shares of Digital Realty Trust from $208.00 to $206.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, April 22nd. Mizuho increased their target price on shares of Digital Realty Trust from $177.00 to $191.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Oppenheimer initiated coverage on Digital Realty Trust in a research note on Wednesday, May 14th. They issued an “outperform” rating and a $200.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $185.76.

Insider Buying and Selling

In other Digital Realty Trust news, Director Mark R. Patterson sold 175 shares of the firm’s stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $176.50, for a total transaction of $30,887.50. Following the completion of the transaction, the director now owns 6,522 shares of the company’s stock, valued at approximately $1,151,133. This trade represents a 2.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is currently owned by insiders.

About Digital Realty Trust

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.