Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC increased its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 2.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,383 shares of the real estate investment trust’s stock after acquiring an additional 284 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Digital Realty Trust were worth $1,680,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the business. Clear Creek Financial Management LLC raised its stake in Digital Realty Trust by 1.6% during the third quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $621,000 after buying an additional 59 shares in the last quarter. Trueblood Wealth Management LLC lifted its stake in Digital Realty Trust by 3.1% during the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock worth $334,000 after purchasing an additional 61 shares during the last quarter. Gilman Hill Asset Management LLC boosted its holdings in Digital Realty Trust by 1.1% in the second quarter. Gilman Hill Asset Management LLC now owns 6,179 shares of the real estate investment trust’s stock worth $940,000 after purchasing an additional 65 shares during the period. GHP Investment Advisors Inc. boosted its holdings in Digital Realty Trust by 14.3% in the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $85,000 after purchasing an additional 66 shares during the period. Finally, Telos Capital Management Inc. raised its holdings in shares of Digital Realty Trust by 0.8% during the third quarter. Telos Capital Management Inc. now owns 8,569 shares of the real estate investment trust’s stock worth $1,387,000 after purchasing an additional 71 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, October 25th. HSBC upgraded Digital Realty Trust from a “reduce” rating to a “hold” rating and increased their price target for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. Truist Financial increased their target price on Digital Realty Trust from $160.00 to $168.00 and gave the stock a “buy” rating in a research report on Tuesday, August 13th. Royal Bank of Canada lifted their price objective on shares of Digital Realty Trust from $177.00 to $207.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. Finally, Barclays lifted their price target on Digital Realty Trust from $130.00 to $135.00 and gave the company an “underweight” rating in a report on Thursday, October 10th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $167.68.

Digital Realty Trust Price Performance

Shares of DLR opened at $177.32 on Tuesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.61. The firm has a market cap of $58.06 billion, a PE ratio of 149.01, a PEG ratio of 5.66 and a beta of 0.59. Digital Realty Trust, Inc. has a twelve month low of $126.22 and a twelve month high of $193.88. The firm’s 50 day moving average price is $161.28 and its 200 day moving average price is $152.48.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the prior year, the company posted $1.62 EPS. The business’s revenue was up 2.1% on a year-over-year basis. As a group, research analysts expect that Digital Realty Trust, Inc. will post 6.7 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

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

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.