CFS Investment Advisory Services LLC Makes New $207,000 Investment in Digital Realty Trust, Inc. (NYSE:DLR)

CFS Investment Advisory Services LLC bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the fourth quarter, Holdings Channel reports. The institutional investor bought 1,169 shares of the real estate investment trust’s stock, valued at approximately $207,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Clear Creek Financial Management LLC increased its position in Digital Realty Trust by 1.6% in the 3rd quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $621,000 after buying an additional 59 shares in the last quarter. OneDigital Investment Advisors LLC increased its holdings in shares of Digital Realty Trust by 3.2% during the third quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock valued at $305,000 after acquiring an additional 59 shares in the last quarter. Trueblood Wealth Management LLC raised its position in shares of Digital Realty Trust by 3.1% during the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock worth $334,000 after purchasing an additional 61 shares during the period. Stolper Co lifted its holdings in shares of Digital Realty Trust by 0.5% in the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock worth $2,243,000 after purchasing an additional 64 shares in the last quarter. Finally, GHP Investment Advisors Inc. grew its position in Digital Realty Trust by 14.3% in the 3rd quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 66 shares during the period. 99.71% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.17% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Barclays upped their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a report on Monday, November 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. HSBC upgraded Digital Realty Trust from a “reduce” rating to a “hold” rating and lifted their price target for the company from $124.00 to $160.00 in a research note on Friday, October 4th. Stifel Nicolaus increased their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, Scotiabank upped their price target on Digital Realty Trust from $178.00 to $208.00 and gave the stock a “sector perform” rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $178.89.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $180.56 on Friday. The firm has a market cap of $59.89 billion, a price-to-earnings ratio of 151.73, a price-to-earnings-growth ratio of 4.64 and a beta of 0.64. The stock has a fifty day simple moving average of $183.37 and a two-hundred day simple moving average of $167.71. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 1-year low of $131.42 and a 1-year high of $198.00.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.58). The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same period last year, the business posted $1.62 EPS. Analysts anticipate that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Friday, December 13th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date was Friday, December 13th. Digital Realty Trust’s payout ratio is currently 410.08%.

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.