1,222 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the fourth quarter, HoldingsChannel reports. The fund bought 1,222 shares of the real estate investment trust’s stock, valued at approximately $217,000.

A number of other institutional investors have also modified their holdings of DLR. Stolper Co raised its stake in shares of Digital Realty Trust by 0.5% during the fourth quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock worth $2,243,000 after purchasing an additional 64 shares during the last quarter. Bleakley Financial Group LLC grew its holdings in shares of Digital Realty Trust by 1.5% in the 4th quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust’s stock worth $769,000 after acquiring an additional 64 shares during the period. TD Private Client Wealth LLC raised its holdings in Digital Realty Trust by 6.6% during the third quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust’s stock worth $176,000 after purchasing an additional 67 shares during the last quarter. Catalina Capital Group LLC increased its holdings in Digital Realty Trust by 3.1% during the 4th quarter. Catalina Capital Group LLC now owns 2,393 shares of the real estate investment trust’s stock valued at $424,000 after acquiring an additional 72 shares in the last quarter. Finally, Sound Income Strategies LLC increased its stake in shares of Digital Realty Trust by 25.9% during the 4th quarter. Sound Income Strategies LLC now owns 355 shares of the real estate investment trust’s stock worth $63,000 after purchasing an additional 73 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their target price for the company from $185.00 to $194.00 in a research note on Wednesday, January 15th. Scotiabank raised shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 target price for the company in a research note on Tuesday, February 18th. JMP Securities restated a “market outperform” rating and set a $220.00 price objective on shares of Digital Realty Trust in a report on Tuesday, February 18th. Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Finally, Truist Financial dropped their price target on shares of Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a research report on Monday, March 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $179.95.

Digital Realty Trust Stock Down 3.0 %

DLR stock opened at $144.95 on Friday. The company has a market capitalization of $48.80 billion, a P/E ratio of 89.48, a PEG ratio of 4.38 and a beta of 0.65. The firm has a 50 day simple moving average of $160.83 and a 200-day simple moving average of $169.80. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month high of $198.00.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 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 predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $1.22 per share. The ex-dividend date is Friday, March 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.37%. Digital Realty Trust’s dividend payout ratio is currently 301.23%.

Digital Realty Trust 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.