Integrated Advisors Network LLC Has $4.57 Million Position in Digital Realty Trust, Inc. (NYSE:DLR)

Integrated Advisors Network LLC reduced its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 5.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 33,965 shares of the real estate investment trust’s stock after selling 1,958 shares during the period. Integrated Advisors Network LLC’s holdings in Digital Realty Trust were worth $4,571,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DLR. Baldwin Brothers LLC MA boosted its holdings in shares of Digital Realty Trust by 528.6% during the 4th quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 185 shares during the period. Operose Advisors LLC bought a new stake in shares of Digital Realty Trust during the 3rd quarter worth about $27,000. Bfsg LLC bought a new stake in shares of Digital Realty Trust during the 4th quarter worth about $31,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Digital Realty Trust during the 4th quarter worth about $32,000. Finally, Tennessee Valley Asset Management Partners bought a new stake in Digital Realty Trust in the 4th quarter valued at about $32,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Up 0.9 %

NYSE DLR traded up $1.37 during mid-day trading on Friday, reaching $149.92. 1,000,378 shares of the stock were exchanged, compared to its average volume of 1,381,036. Digital Realty Trust, Inc. has a one year low of $102.54 and a one year high of $154.18. The stock has a 50 day simple moving average of $142.97 and a 200-day simple moving average of $140.85. The stock has a market cap of $46.84 billion, a P/E ratio of 41.64, a P/E/G ratio of 19.73 and a beta of 0.57. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.29 and a quick ratio of 1.29.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend is Friday, June 14th. Digital Realty Trust’s dividend payout ratio is presently 135.56%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Royal Bank of Canada boosted their target price on shares of Digital Realty Trust from $144.00 to $160.00 and gave the company an “outperform” rating in a research report on Monday, June 3rd. Morgan Stanley boosted their target price on shares of Digital Realty Trust from $100.00 to $108.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 2nd. UBS Group raised their target price on shares of Digital Realty Trust from $143.00 to $147.00 and gave the company a “neutral” rating in a research report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft raised their target price on shares of Digital Realty Trust from $143.00 to $145.00 and gave the company a “hold” rating in a research report on Thursday, May 30th. Finally, HSBC raised their target price on shares of Digital Realty Trust from $115.00 to $118.00 and gave the company a “reduce” rating in a research report on Friday, May 3rd. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, seven 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 a consensus rating of “Hold” and a consensus target price of $144.65.

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.