Disciplined Equity Management Inc. Invests $67,000 in Digital Realty Trust, Inc. (NYSE:DLR)

Disciplined Equity Management Inc. bought a new position in Digital Realty Trust, Inc. (NYSE:DLR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 500 shares of the real estate investment trust’s stock, valued at approximately $67,000.

A number of other large investors have also bought and sold shares of DLR. Operose Advisors LLC acquired a new stake in Digital Realty Trust in the 3rd quarter valued at about $27,000. Baldwin Brothers LLC MA increased its holdings in shares of Digital Realty Trust by 528.6% in the fourth quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 185 shares in the last quarter. Bfsg LLC bought a new position in Digital Realty Trust in the 4th quarter worth approximately $31,000. Turtle Creek Wealth Advisors LLC acquired a new position in Digital Realty Trust during the 4th quarter worth $32,000. Finally, Tennessee Valley Asset Management Partners bought a new position in Digital Realty Trust in the 4th quarter valued at $32,000. 99.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of the business’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total value of $494,700.00. Following the sale, the director now directly owns 8,413 shares in the company, valued at $1,224,091.50. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.39% of the stock is currently owned by company insiders.

Digital Realty Trust Stock Up 1.5 %

Shares of DLR traded up $2.08 on Wednesday, hitting $140.61. The company’s stock had a trading volume of 1,612,349 shares, compared to its average volume of 1,959,140. The firm’s fifty day moving average price is $141.82 and its 200-day moving average price is $136.48. Digital Realty Trust, Inc. has a fifty-two week low of $86.33 and a fifty-two week high of $154.18. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $43.91 billion, a price-to-earnings ratio of 47.34, a P/E/G ratio of 3.09 and a beta of 0.54.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.47%. The ex-dividend date was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio is 164.31%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on DLR. Raymond James upped their price target on Digital Realty Trust from $140.00 to $170.00 and gave the company a “strong-buy” rating in a research note on Friday, February 16th. Barclays lifted their price target on shares of Digital Realty Trust from $110.00 to $119.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 5th. Wells Fargo & Company upgraded shares of Digital Realty Trust from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $135.00 to $155.00 in a report on Tuesday, April 9th. Morgan Stanley lifted their target price on shares of Digital Realty Trust from $100.00 to $108.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 2nd. Finally, Stifel Nicolaus increased their price target on Digital Realty Trust from $155.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, February 16th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $143.33.

About Digital Realty Trust

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.