Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Jamison Private Wealth Management Inc.

Jamison Private Wealth Management Inc. raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,373 shares of the real estate investment trust’s stock after acquiring an additional 765 shares during the period. Jamison Private Wealth Management Inc.’s holdings in Digital Realty Trust were worth $5,209,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Marshall Wace LLP purchased a new stake in Digital Realty Trust in the second quarter valued at approximately $12,877,000. Fred Alger Management LLC grew its stake in shares of Digital Realty Trust by 87.0% in the second quarter. Fred Alger Management LLC now owns 7,035 shares of the real estate investment trust’s stock valued at $1,070,000 after buying an additional 3,273 shares in the last quarter. APG Asset Management N.V. raised its holdings in shares of Digital Realty Trust by 226.1% in the 2nd quarter. APG Asset Management N.V. now owns 36,634 shares of the real estate investment trust’s stock valued at $5,197,000 after buying an additional 25,400 shares during the period. MBB Public Markets I LLC lifted its stake in Digital Realty Trust by 619.5% during the 2nd quarter. MBB Public Markets I LLC now owns 22,047 shares of the real estate investment trust’s stock worth $3,352,000 after acquiring an additional 18,983 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in Digital Realty Trust by 2.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 498,830 shares of the real estate investment trust’s stock valued at $75,847,000 after acquiring an additional 13,616 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DLR has been the topic of several research reports. Hsbc Global Res raised shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a research report on Friday, October 4th. Jefferies Financial Group raised their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Raymond James upped their price objective on Digital Realty Trust from $170.00 to $190.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 25th. Wells Fargo & Company lifted their target price on Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Tuesday, December 10th. Finally, HSBC raised Digital Realty Trust from a “reduce” rating to a “hold” rating and increased their price target for the company from $124.00 to $160.00 in a research report on Friday, October 4th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $178.89.

Digital Realty Trust Stock Performance

Shares of DLR stock opened at $180.56 on Friday. Digital Realty Trust, Inc. has a 1 year low of $131.42 and a 1 year high of $198.00. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. The firm has a market cap of $59.89 billion, a price-to-earnings ratio of 151.73, a PEG ratio of 4.64 and a beta of 0.64. The stock’s 50-day moving average is $183.37 and its two-hundred day moving average is $167.71.

Digital Realty Trust (NYSE:DLR) last released 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). The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.62 EPS. Analysts predict that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, December 13th were issued a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.70%. Digital Realty Trust’s payout ratio is 410.08%.

Insider Activity at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the business’s 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 sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.17% of the stock is owned by insiders.

Digital Realty Trust Company 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.