OneDigital Investment Advisors LLC Has $305,000 Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

OneDigital Investment Advisors LLC raised its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 3.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,886 shares of the real estate investment trust’s stock after buying an additional 59 shares during the period. OneDigital Investment Advisors LLC’s holdings in Digital Realty Trust were worth $305,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Meeder Asset Management Inc. bought a new position in Digital Realty Trust during the 2nd quarter worth $25,000. Gradient Investments LLC boosted its holdings in Digital Realty Trust by 75.2% in the second quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 76 shares during the last quarter. American Capital Advisory LLC acquired a new stake in Digital Realty Trust during the 2nd quarter valued at approximately $27,000. Private Ocean LLC bought a new position in Digital Realty Trust during the 2nd quarter worth approximately $27,000. Finally, Asset Dedication LLC acquired a new position in shares of Digital Realty Trust in the 2nd quarter worth approximately $31,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $187.49 on Friday. Digital Realty Trust, Inc. has a 52-week low of $130.00 and a 52-week high of $193.88. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The firm’s fifty day moving average is $168.94 and its 200 day moving average is $156.03. The company has a market cap of $62.19 billion, a price-to-earnings ratio of 157.55, a PEG ratio of 4.97 and a beta of 0.59.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the prior year, the business earned $1.62 earnings per share. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, December 13th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend is Friday, December 13th. Digital Realty Trust’s dividend payout ratio is 410.08%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DLR. Truist Financial upped their target price on Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Hsbc Global Res raised Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a research note on Friday, October 4th. Argus downgraded shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Scotiabank boosted 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 report on Friday, October 25th. Finally, JPMorgan Chase & Co. raised their price target on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $170.37.

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.