Syon Capital LLC Takes Position in Digital Realty Trust, Inc. (NYSE:DLR)

Syon Capital LLC purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,674 shares of the real estate investment trust’s stock, valued at approximately $225,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Operose Advisors LLC bought a new stake in Digital Realty Trust in the 3rd quarter valued at $27,000. Baldwin Brothers LLC MA lifted its position in Digital Realty Trust by 528.6% in the 4th quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 185 shares in the last quarter. Bfsg LLC bought a new stake in Digital Realty Trust in the 4th quarter valued at $31,000. Turtle Creek Wealth Advisors LLC bought a new stake in Digital Realty Trust in the 4th quarter valued at $32,000. Finally, Tennessee Valley Asset Management Partners bought a new stake in Digital Realty Trust in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Digital Realty Trust from $125.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday, February 20th. UBS Group boosted their price target on shares of Digital Realty Trust from $143.00 to $147.00 and gave the stock a “neutral” rating in a research report on Friday, May 3rd. Citigroup boosted their price target on shares of Digital Realty Trust from $154.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. TD Cowen boosted their price target on shares of Digital Realty Trust from $116.00 to $122.00 and gave the stock a “hold” rating in a research report on Friday, May 3rd. Finally, Evercore ISI reissued an “outperform” rating and set a $154.00 price target on shares of Digital Realty Trust in a research report on Wednesday, March 27th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $144.65.

Digital Realty Trust Stock Up 0.4 %

Shares of DLR opened at $149.56 on Wednesday. Digital Realty Trust, Inc. has a 52 week low of $102.54 and a 52 week high of $154.18. The firm has a market cap of $46.73 billion, a P/E ratio of 41.54, a price-to-earnings-growth ratio of 19.73 and a beta of 0.57. The firm’s 50-day simple moving average is $143.15 and its 200 day simple moving average is $141.01. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.29 and a current ratio of 1.29.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $4.88 dividend on an annualized basis and a yield of 3.26%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.

About Digital Realty Trust

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.