Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 9.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 8,113 shares of the real estate investment trust’s stock after buying an additional 702 shares during the quarter. GAMMA Investing LLC’s holdings in Digital Realty Trust were worth $1,439,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of DLR. Clear Creek Financial Management LLC boosted its holdings in shares of Digital Realty Trust by 1.6% in the third quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $621,000 after acquiring an additional 59 shares in the last quarter. OneDigital Investment Advisors LLC boosted its stake in Digital Realty Trust by 3.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock valued at $305,000 after purchasing an additional 59 shares in the last quarter. Trueblood Wealth Management LLC increased its position in shares of Digital Realty Trust by 3.1% during the 3rd quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock valued at $334,000 after purchasing an additional 61 shares during the period. GHP Investment Advisors Inc. raised its stake in shares of 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 worth $85,000 after buying an additional 66 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its holdings in shares of Digital Realty Trust by 6.6% in the third quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust’s stock valued at $176,000 after buying an additional 67 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. HSBC upgraded shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and boosted their price target for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. Scotiabank increased their target price on shares of Digital Realty Trust from $157.00 to $178.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. TD Cowen lifted their price target on shares of Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Wells Fargo & Company increased their price objective on Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, December 10th. Finally, Evercore ISI boosted their target price on Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $171.68.

Digital Realty Trust Trading Up 2.7 %

Shares of NYSE:DLR opened at $181.74 on Friday. The firm has a fifty day moving average of $183.62 and a two-hundred day moving average of $164.49. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 12-month low of $130.00 and a 12-month high of $198.00. The firm has a market capitalization of $60.29 billion, a P/E ratio of 152.72, a price-to-earnings-growth ratio of 4.97 and a beta of 0.62.

Digital Realty Trust (NYSE:DLR) last issued its earnings results 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 analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.62 earnings per share. On average, equities analysts expect that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Friday, December 13th. Digital Realty Trust’s dividend payout ratio is 410.08%.

Insider Activity at Digital Realty Trust

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

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.