Wealth Enhancement Advisory Services LLC Buys 1,408 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Wealth Enhancement Advisory Services LLC increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105,436 shares of the real estate investment trust’s stock after acquiring an additional 1,408 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Digital Realty Trust were worth $17,063,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Meeder Asset Management Inc. acquired a new position in shares of Digital Realty Trust in the 2nd quarter valued at $25,000. Adirondack Trust Co. grew its stake in Digital Realty Trust by 68.6% in the third quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 81 shares during the period. Versant Capital Management Inc increased its holdings in shares of Digital Realty Trust by 480.6% in the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 173 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Digital Realty Trust during the third quarter worth about $38,000. Finally, Dunhill Financial LLC lifted its holdings in shares of Digital Realty Trust by 84.4% during the 3rd quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 124 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Buying and Selling at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the company’s 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on DLR shares. Evercore ISI raised their target price on shares of Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Wells Fargo & Company boosted their price objective on shares of Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, December 10th. TD Cowen increased their target price on Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Raymond James boosted their price target on Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a report on Friday, October 25th. Finally, UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $147.00 to $205.00 in a report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $174.74.

Digital Realty Trust Price Performance

NYSE:DLR opened at $172.86 on Friday. Digital Realty Trust, Inc. has a 12-month low of $131.42 and a 12-month high of $198.00. The firm has a market capitalization of $57.34 billion, a price-to-earnings ratio of 145.26, a P/E/G ratio of 4.91 and a beta of 0.62. The stock’s 50 day moving average price is $183.46 and its two-hundred day moving average price is $165.91. 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 (NYSE:DLR) last posted its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the company posted $1.62 EPS. The firm’s revenue was up 2.1% on a year-over-year basis. On average, analysts anticipate that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be paid a $1.22 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.82%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 410.08%.

Digital Realty Trust 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.