Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC grew its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 12.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,114 shares of the real estate investment trust’s stock after buying an additional 655 shares during the period. Gilman Hill Asset Management LLC’s holdings in Digital Realty Trust were worth $881,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. QRG Capital Management Inc. purchased a new position in shares of Digital Realty Trust during the third quarter worth approximately $409,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Digital Realty Trust in the 3rd quarter valued at $2,057,000. Natixis Advisors L.P. raised its position in Digital Realty Trust by 20.2% during the 3rd quarter. Natixis Advisors L.P. now owns 162,292 shares of the real estate investment trust’s stock worth $19,641,000 after buying an additional 27,308 shares during the last quarter. Operose Advisors LLC acquired a new stake in shares of Digital Realty Trust in the 3rd quarter worth $27,000. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of Digital Realty Trust by 145.2% in the third quarter. O Shaughnessy Asset Management LLC now owns 11,753 shares of the real estate investment trust’s stock valued at $1,422,000 after acquiring an additional 6,959 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Down 0.4 %

NYSE:DLR opened at $146.46 on Wednesday. The stock has a market cap of $45.76 billion, a price-to-earnings ratio of 40.68, a PEG ratio of 19.25 and a beta of 0.57. 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, Inc. has a 1 year low of $103.81 and a 1 year high of $154.18. The business has a fifty day moving average of $143.90 and a 200-day moving average of $141.43.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.33%. Digital Realty Trust’s dividend payout ratio (DPR) is 135.56%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Wells Fargo & Company upgraded shares of Digital Realty Trust from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $135.00 to $155.00 in a research report on Tuesday, April 9th. HSBC increased their price objective on Digital Realty Trust from $115.00 to $118.00 and gave the company a “reduce” rating in a research note on Friday, May 3rd. Royal Bank of Canada upped their price objective on shares of Digital Realty Trust from $144.00 to $160.00 and gave the company an “outperform” rating in a research note on Monday, June 3rd. TD Cowen raised their price objective on Digital Realty Trust from $116.00 to $122.00 and gave the stock a “hold” rating in a report on Friday, May 3rd. Finally, Citigroup lifted their target price on shares of Digital Realty Trust from $154.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, February 29th. 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’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $144.65.

Digital Realty Trust Company Profile

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.