American Institute for Advanced Investment Management LLP Acquires 130 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

American Institute for Advanced Investment Management LLP raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 7,170 shares of the real estate investment trust’s stock after purchasing an additional 130 shares during the period. American Institute for Advanced Investment Management LLP’s holdings in Digital Realty Trust were worth $1,271,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Adirondack Trust Co. lifted its position in shares of Digital Realty Trust by 68.6% during the third quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 81 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Digital Realty Trust during the 4th quarter worth approximately $35,000. Versant Capital Management Inc boosted its stake in shares of Digital Realty Trust by 480.6% in the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 173 shares during the last quarter. Future Financial Wealth Managment LLC bought a new position in shares of Digital Realty Trust in the third quarter valued at approximately $38,000. Finally, First Financial Corp IN purchased a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $42,000. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $162.12 on Thursday. Digital Realty Trust, Inc. has a 1-year low of $131.42 and a 1-year high of $198.00. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $53.78 billion, a PE ratio of 136.23, a price-to-earnings-growth ratio of 4.64 and a beta of 0.64. The firm’s 50 day simple moving average is $182.49 and its 200 day simple moving average is $167.98.

Digital Realty Trust Announces Dividend

The company also recently declared 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 was Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 3.01%. Digital Realty Trust’s payout ratio is currently 410.08%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Citizens Jmp upgraded Digital Realty Trust to a “strong-buy” rating in a research note on Monday. HSBC upgraded shares of 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. Scotiabank boosted their target price on shares of Digital Realty Trust from $178.00 to $208.00 and gave the company a “sector perform” rating in a research note on Thursday, January 23rd. Royal Bank of Canada raised their price target on shares of Digital Realty Trust from $177.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Finally, Raymond James upped their price objective on Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a research note on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $180.95.

Insider Activity at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a filing with the SEC, which is available through this link. 0.17% of the stock is owned by corporate insiders.

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.