7,534 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Bought by Duality Advisers LP

Duality Advisers LP bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,534 shares of the real estate investment trust's stock, valued at approximately $1,014,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Schechter Investment Advisors LLC raised its holdings in shares of Digital Realty Trust by 2.4% during the 4th quarter. Schechter Investment Advisors LLC now owns 3,347 shares of the real estate investment trust's stock worth $450,000 after acquiring an additional 78 shares during the period. Panagora Asset Management Inc. raised its holdings in shares of Digital Realty Trust by 1.1% during the 3rd quarter. Panagora Asset Management Inc. now owns 9,175 shares of the real estate investment trust's stock worth $1,110,000 after acquiring an additional 97 shares during the period. Blair William & Co. IL raised its holdings in shares of Digital Realty Trust by 0.6% during the 3rd quarter. Blair William & Co. IL now owns 17,883 shares of the real estate investment trust's stock worth $2,164,000 after acquiring an additional 99 shares during the period. Lmcg Investments LLC raised its holdings in shares of Digital Realty Trust by 2.2% during the 3rd quarter. Lmcg Investments LLC now owns 4,620 shares of the real estate investment trust's stock worth $559,000 after acquiring an additional 100 shares during the period. Finally, First Financial Corp IN raised its holdings in Digital Realty Trust by 46.6% in the 4th quarter. First Financial Corp IN now owns 324 shares of the real estate investment trust's stock valued at $44,000 after buying an additional 103 shares during the period. Institutional investors and hedge funds own 99.71% of the company's stock.

Insider Activity

In related news, Director Jean F. H. P. Mandeville sold 3,400 shares of the business's stock in a transaction that occurred 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 transaction, 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.39% of the company's stock.

Wall Street Analysts Forecast Growth

DLR has been the topic of several research analyst reports. Raymond James boosted their price objective on shares of Digital Realty Trust from $140.00 to $170.00 and gave the company a "strong-buy" rating in a report on Friday, February 16th. Citigroup boosted their price objective on Digital Realty Trust from $154.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, February 29th. Truist Financial upped their price target on Digital Realty Trust from $145.00 to $158.00 and gave the company a "buy" rating in a report on Monday, March 18th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $144.00 price target on shares of Digital Realty Trust in a report on Friday, February 16th. Finally, Scotiabank downgraded Digital Realty Trust from a "sector outperform" rating to a "sector perform" rating and set a $157.00 price target for the company. in a report on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $143.33.

Digital Realty Trust Trading Up 1.5 %

DLR traded up $2.08 during midday trading on Wednesday, hitting $140.61. The company's stock had a trading volume of 1,612,349 shares, compared to its average volume of 1,959,140. 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 market cap of $43.91 billion, a P/E ratio of 47.34, a PEG ratio of 3.09 and a beta of 0.54. The firm has a 50-day moving average price of $141.82 and a two-hundred day moving average price of $136.48. Digital Realty Trust, Inc. has a 52-week low of $86.33 and a 52-week high of $154.18.

Digital Realty Trust Dividend Announcement

The company also recently disclosed 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 annualized dividend and a dividend yield of 3.47%. The ex-dividend date was Thursday, March 14th. Digital Realty Trust's dividend 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.