Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Marshall Financial Group LLC

Marshall Financial Group LLC cut its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 0.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,742 shares of the real estate investment trust’s stock after selling 106 shares during the quarter. Digital Realty Trust makes up approximately 0.7% of Marshall Financial Group LLC’s portfolio, making the stock its 28th largest holding. Marshall Financial Group LLC’s holdings in Digital Realty Trust were worth $3,033,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DLR. Los Angeles Capital Management LLC lifted its stake in shares of Digital Realty Trust by 29.8% during the first quarter. Los Angeles Capital Management LLC now owns 2,538 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 583 shares during the period. Rise Advisors LLC boosted its holdings in shares of Digital Realty Trust by 1,125.0% in the 1st quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 180 shares during the last quarter. Czech National Bank grew its stake in shares of Digital Realty Trust by 0.5% during the 1st quarter. Czech National Bank now owns 53,298 shares of the real estate investment trust’s stock valued at $7,677,000 after buying an additional 256 shares during the period. Banque Cantonale Vaudoise increased its holdings in shares of Digital Realty Trust by 27.2% during the 1st quarter. Banque Cantonale Vaudoise now owns 11,300 shares of the real estate investment trust’s stock worth $1,628,000 after buying an additional 2,418 shares during the last quarter. Finally, Wedmont Private Capital purchased a new position in shares of Digital Realty Trust in the 1st quarter worth $310,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Up 1.0 %

Digital Realty Trust stock opened at $163.74 on Friday. The company has a market cap of $51.16 billion, a P/E ratio of 45.48, a PEG ratio of 5.08 and a beta of 0.60. Digital Realty Trust, Inc. has a 1 year low of $113.94 and a 1 year high of $165.17. The firm’s 50-day moving average is $155.53 and its 200-day moving average is $149.53. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.78.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $1.63 by ($1.43). The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.38 billion. Digital Realty Trust had a net margin of 20.58% and a return on equity of 5.93%. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period last year, the company posted $1.68 earnings per share. On average, equities analysts expect that Digital Realty Trust, Inc. will post 6.65 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were given a dividend of $1.22 per share. The ex-dividend date was Friday, September 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.98%. Digital Realty Trust’s dividend payout ratio is currently 135.56%.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. BMO Capital Markets upgraded Digital Realty Trust from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $144.00 to $170.00 in a research note on Wednesday, June 26th. Barclays increased their target price 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. TD Cowen reduced their price target on shares of Digital Realty Trust from $122.00 to $120.00 and set a “hold” rating on the stock in a research report on Friday, July 26th. Hsbc Global Res upgraded Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a report on Friday, October 4th. Finally, Truist Financial increased their price objective on shares of Digital Realty Trust from $160.00 to $168.00 and gave the company a “buy” rating in a research report on Tuesday, August 13th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $157.17.

Insider Buying and Selling

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 600 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $150.26, for a total transaction of $90,156.00. Following the completion of the transaction, the director now directly owns 9,055 shares of the company’s stock, valued at $1,360,604.30. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.17% of the company’s stock.

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.