Oak Thistle LLC Purchases New Holdings in Digital Realty Trust, Inc. $DLR

Oak Thistle LLC acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR) during the 3rd quarter, HoldingsChannel reports. The fund acquired 5,339 shares of the real estate investment trust’s stock, valued at approximately $923,000.

Other hedge funds have also made changes to their positions in the company. Summit Place Financial Advisors LLC boosted its stake in shares of Digital Realty Trust by 2.0% in the second quarter. Summit Place Financial Advisors LLC now owns 2,857 shares of the real estate investment trust’s stock worth $498,000 after acquiring an additional 57 shares during the last quarter. Riverbend Wealth Management LLC lifted its holdings in Digital Realty Trust by 3.0% in the 2nd quarter. Riverbend Wealth Management LLC now owns 2,043 shares of the real estate investment trust’s stock valued at $356,000 after purchasing an additional 60 shares in the last quarter. EP Wealth Advisors LLC boosted its stake in Digital Realty Trust by 1.3% during the 1st quarter. EP Wealth Advisors LLC now owns 4,766 shares of the real estate investment trust’s stock worth $683,000 after purchasing an additional 63 shares during the last quarter. Telos Capital Management Inc. grew its holdings in shares of Digital Realty Trust by 0.8% during the second quarter. Telos Capital Management Inc. now owns 8,089 shares of the real estate investment trust’s stock worth $1,410,000 after buying an additional 64 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of Digital Realty Trust by 6.6% in the first quarter. Geneos Wealth Management Inc. now owns 1,056 shares of the real estate investment trust’s stock valued at $151,000 after buying an additional 65 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on DLR. Loop Capital set a $205.00 price target on shares of Digital Realty Trust in a research report on Monday, October 27th. Citigroup boosted their target price on Digital Realty Trust from $200.00 to $212.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Truist Financial upped their price target on Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Barclays lifted their price objective on Digital Realty Trust from $141.00 to $161.00 and gave the stock an “underweight” rating in a research report on Monday, October 27th. Finally, JPMorgan Chase & Co. upped their target price on Digital Realty Trust from $200.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $197.55.

Digital Realty Trust Stock Down 0.3%

DLR stock opened at $147.91 on Friday. Digital Realty Trust, Inc. has a one year low of $129.95 and a one year high of $187.74. The firm has a market cap of $50.81 billion, a PE ratio of 38.22, a PEG ratio of 3.83 and a beta of 1.11. The firm’s 50 day moving average price is $164.27 and its 200-day moving average price is $169.44. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.02 and a current ratio of 2.02.

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

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Monday, December 15th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Monday, December 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 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.