Capital Asset Advisory Services LLC Purchases New Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Capital Asset Advisory Services LLC bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,176 shares of the real estate investment trust’s stock, valued at approximately $214,000.

Several other large investors have also bought and sold shares of DLR. APG Asset Management N.V. boosted its stake in Digital Realty Trust by 226.1% during the 2nd quarter. APG Asset Management N.V. now owns 36,634 shares of the real estate investment trust’s stock worth $5,197,000 after acquiring an additional 25,400 shares during the last quarter. Mackenzie Financial Corp raised its position in Digital Realty Trust by 1.3% in the 2nd quarter. Mackenzie Financial Corp now owns 28,895 shares of the real estate investment trust’s stock valued at $4,393,000 after buying an additional 367 shares during the last quarter. Creative Planning raised its holdings in shares of Digital Realty Trust by 2.3% in the second quarter. Creative Planning now owns 164,626 shares of the real estate investment trust’s stock valued at $25,031,000 after purchasing an additional 3,706 shares during the last quarter. NewEdge Advisors LLC lifted its position in Digital Realty Trust by 16.1% during the 2nd quarter. NewEdge Advisors LLC now owns 14,763 shares of the real estate investment trust’s stock worth $2,245,000 after buying an additional 2,047 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Digital Realty Trust by 23.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 15,416 shares of the real estate investment trust’s stock worth $2,344,000 after acquiring an additional 2,963 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Down 8.9 %

Shares of NYSE DLR opened at $164.46 on Tuesday. The firm has a 50 day moving average price of $183.37 and a two-hundred day moving average price of $167.90. The stock has a market cap of $54.55 billion, a P/E ratio of 138.20, a price-to-earnings-growth ratio of 4.64 and a beta of 0.64. Digital Realty Trust, Inc. has a 52-week low of $131.42 and a 52-week 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.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Friday, December 13th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.97%. The ex-dividend date was Friday, December 13th. Digital Realty Trust’s dividend payout ratio is currently 410.08%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Scotiabank lifted their price objective on shares of Digital Realty Trust from $178.00 to $208.00 and gave the company a “sector perform” rating in a research report on Thursday, January 23rd. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $147.00 to $205.00 in a report on Tuesday, January 7th. Evercore ISI upped their price target 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. Stifel Nicolaus boosted their price objective on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Finally, Wells Fargo & Company increased their target price on Digital Realty Trust from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $180.95.

Insider Buying and Selling at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the company’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.17% of the company’s stock.

About Digital Realty Trust

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.