Nikulski Financial Inc. Makes New $805,000 Investment in Digital Realty Trust, Inc. (NYSE:DLR)

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Nikulski Financial Inc. acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,981 shares of the real estate investment trust's stock, valued at approximately $805,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Baldwin Brothers LLC MA boosted its holdings in Digital Realty Trust by 528.6% during the fourth quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust's stock valued at $30,000 after acquiring an additional 185 shares during the period. Operose Advisors LLC bought a new stake in Digital Realty Trust during the 3rd quarter valued at approximately $27,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Digital Realty Trust in the 4th quarter valued at approximately $32,000. Tennessee Valley Asset Management Partners acquired a new position in shares of Digital Realty Trust during the fourth quarter worth approximately $32,000. Finally, ZRC Wealth Management LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter valued at approximately $33,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 3,400 shares of the firm's stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total transaction of $494,700.00. Following the completion of the sale, the director now directly owns 8,413 shares of the company's stock, valued at approximately $1,224,091.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.39% of the stock is owned by company insiders.


Wall Street Analysts Forecast Growth

DLR has been the topic of a number of research reports. Royal Bank of Canada reaffirmed an "outperform" rating and set a $144.00 target price on shares of Digital Realty Trust in a research report on Friday, February 16th. Evercore ISI reiterated an "outperform" rating and issued a $154.00 target price on shares of Digital Realty Trust in a research note on Wednesday, March 27th. StockNews.com lowered Digital Realty Trust from a "hold" rating to a "sell" rating in a research note on Friday, February 16th. JPMorgan Chase & Co. upped their price target on Digital Realty Trust from $125.00 to $140.00 and gave the company a "neutral" rating in a report on Tuesday, February 20th. Finally, Citigroup lifted their price objective on Digital Realty Trust from $154.00 to $160.00 and gave the stock a "buy" rating in a report on Thursday, February 29th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $143.33.

View Our Latest Stock Analysis on DLR

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock traded up $0.17 during mid-day trading on Friday, reaching $136.83. 1,505,171 shares of the stock were exchanged, compared to its average volume of 1,491,894. The company has a market cap of $42.73 billion, a price-to-earnings ratio of 46.07, a price-to-earnings-growth ratio of 3.11 and a beta of 0.54. Digital Realty Trust, Inc. has a fifty-two week low of $86.33 and a fifty-two week 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 firm has a 50-day simple moving average of $142.08 and a 200 day simple moving average of $136.17.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date of this dividend was Thursday, March 14th. Digital Realty Trust's dividend payout ratio (DPR) is currently 164.31%.

Digital Realty Trust Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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