Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Allworth Financial LP

Allworth Financial LP raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 6,208.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,403 shares of the real estate investment trust's stock after acquiring an additional 42,715 shares during the quarter. Allworth Financial LP's holdings in Digital Realty Trust were worth $5,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Baldwin Brothers LLC MA grew its position in shares of Digital Realty Trust by 528.6% during the 4th 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. Operose Advisors LLC purchased a new position in Digital Realty Trust in the third quarter worth $27,000. ZRC Wealth Management LLC purchased a new position in Digital Realty Trust in the fourth quarter worth $33,000. CVA Family Office LLC purchased a new position in Digital Realty Trust in the fourth quarter worth $36,000. Finally, Carolinas Wealth Consulting LLC grew its position in Digital Realty Trust by 156.1% in the first quarter. Carolinas Wealth Consulting LLC now owns 274 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 167 shares in the last quarter. Institutional investors own 99.71% of the company's stock.

Insider Activity

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 transaction, the director now directly owns 8,413 shares in the company, valued at $1,224,091.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.39% of the company's stock.

Wall Street Analyst Weigh In

DLR has been the subject of several analyst reports. Barclays upped their price target on shares of Digital Realty Trust from $110.00 to $119.00 and gave the company an "underweight" rating in a research report on Tuesday, March 5th. Truist Financial upped their price objective on shares of Digital Realty Trust from $145.00 to $158.00 and gave the company a "buy" rating in a research note on Monday, March 18th. Evercore ISI reaffirmed an "outperform" rating and set a $154.00 price objective on shares of Digital Realty Trust in a research note on Wednesday, March 27th. JPMorgan Chase & Co. upped their price objective on shares of Digital Realty Trust from $125.00 to $140.00 and gave the company a "neutral" rating in a research note on Tuesday, February 20th. Finally, StockNews.com downgraded shares of Digital Realty Trust from a "hold" rating to a "sell" rating in a research note on Friday, February 16th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $142.00.

Digital Realty Trust Stock Performance

DLR stock traded up $2.72 on Friday, hitting $142.60. The company had a trading volume of 1,139,467 shares, compared to its average volume of 1,827,808. Digital Realty Trust, Inc. has a 12-month low of $86.33 and a 12-month high of $154.18. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.92. The stock's 50-day simple moving average is $143.01 and its 200 day simple moving average is $134.65. The stock has a market cap of $44.53 billion, a price-to-earnings ratio of 48.01, a P/E/G ratio of 3.18 and a beta of 0.54.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a $1.22 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.42%. Digital Realty Trust's payout ratio is currently 164.31%.

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.