BSW Wealth Partners Sells 211 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

BSW Wealth Partners trimmed its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 14.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,281 shares of the real estate investment trust’s stock after selling 211 shares during the quarter. BSW Wealth Partners’ holdings in Digital Realty Trust were worth $207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analyst Upgrades and Downgrades

Several research analysts have recently commented on DLR shares. Truist Financial raised their price objective on Digital Realty Trust from $160.00 to $168.00 and gave the stock a “buy” rating in a research note on Tuesday, August 13th. Barclays upped their price target on shares of Digital Realty Trust from $130.00 to $135.00 and gave the stock an “underweight” rating in a research report on Thursday, October 10th. Evercore ISI lifted their target price on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Argus cut Digital Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Finally, TD Cowen upped their price objective on Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Digital Realty Trust has a consensus rating of “Hold” and a consensus target price of $167.68.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock opened at $177.32 on Tuesday. The stock has a 50 day moving average price of $161.28 and a 200-day moving average price of $152.48. Digital Realty Trust, Inc. has a one year low of $126.22 and a one year high of $193.88. The stock has a market cap of $58.06 billion, a price-to-earnings ratio of 149.01, a price-to-earnings-growth ratio of 5.73 and a beta of 0.59. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.61.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.58). Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the prior year, the company posted $1.62 EPS. The company’s revenue was up 2.1% compared to the same quarter last year. Equities analysts expect that Digital Realty Trust, Inc. will post 6.7 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.75%. Digital Realty Trust’s dividend payout ratio is 410.08%.

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.