216,703 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 216,703 shares of the real estate investment trust’s stock, valued at approximately $38,428,000.

Several other institutional investors have also recently modified their holdings of the stock. Sierra Ocean LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at $29,000. FNY Investment Advisers LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at $35,000. Versant Capital Management Inc raised its holdings in Digital Realty Trust by 480.6% in the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 173 shares during the last quarter. Centricity Wealth Management LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at $37,000. Finally, First Financial Corp IN purchased a new stake in shares of Digital Realty Trust during the 4th quarter valued at $42,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DLR. Barclays boosted their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a research note on Monday, November 18th. Stifel Nicolaus boosted their price objective on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Truist Financial boosted their price objective on shares of Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Finally, StockNews.com cut shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 22nd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $181.00.

Digital Realty Trust Stock Down 0.6 %

Shares of NYSE:DLR opened at $156.38 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The company has a fifty day simple moving average of $171.26 and a 200 day simple moving average of $169.75. The firm has a market cap of $51.87 billion, a PE ratio of 96.53, a price-to-earnings-growth ratio of 4.38 and a beta of 0.63. Digital Realty Trust, Inc. has a 12-month low of $135.54 and a 12-month high of $198.00.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. On average, 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 business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $1.22 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.12%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 301.23%.

Insider Buying and Selling

In related news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction on 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.17% of the company’s stock.

Digital Realty Trust Company 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.