Digital Realty Trust, Inc. (NYSE:DLR) Holdings Increased by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. grew its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 9.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 123,773 shares of the real estate investment trust's stock after buying an additional 10,575 shares during the quarter. Raymond James Financial Services Advisors Inc.'s holdings in Digital Realty Trust were worth $17,828,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Nilsine Partners LLC bought a new stake in shares of Digital Realty Trust during the 1st quarter worth about $203,000. Greystone Financial Group LLC bought a new stake in shares of Digital Realty Trust during the 1st quarter worth about $614,000. PFG Investments LLC raised its holdings in shares of Digital Realty Trust by 23.9% in the 1st quarter. PFG Investments LLC now owns 8,396 shares of the real estate investment trust's stock worth $1,209,000 after purchasing an additional 1,617 shares in the last quarter. Raymond James & Associates raised its holdings in shares of Digital Realty Trust by 15.8% in the 1st quarter. Raymond James & Associates now owns 346,937 shares of the real estate investment trust's stock worth $49,973,000 after purchasing an additional 47,386 shares in the last quarter. Finally, Marshall Financial Group LLC raised its holdings in shares of Digital Realty Trust by 3.3% in the 1st quarter. Marshall Financial Group LLC now owns 18,939 shares of the real estate investment trust's stock worth $2,728,000 after purchasing an additional 602 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Up 1.5 %

DLR traded up $2.11 on Thursday, reaching $140.10. 2,030,300 shares of the company traded hands, compared to its average volume of 1,955,263. The stock's 50 day moving average price is $142.09 and its 200-day moving average price is $137.15. Digital Realty Trust, Inc. has a 52-week low of $86.33 and a 52-week high of $154.18. The company has a market cap of $43.77 billion, a price-to-earnings ratio of 47.17, a PEG ratio of 3.15 and a beta of 0.55. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 1.14.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date of this dividend was Thursday, March 14th. Digital Realty Trust's payout ratio is presently 164.31%.

Wall Street Analyst Weigh In

A number of analysts recently commented on DLR shares. Truist Financial boosted their target price on shares of Digital Realty Trust from $145.00 to $158.00 and gave the stock a "buy" rating in a report on Monday, March 18th. Barclays boosted their target price on shares of Digital Realty Trust from $110.00 to $119.00 and gave the stock an "underweight" rating in a report on Tuesday, March 5th. JPMorgan Chase & Co. boosted their target price on shares of Digital Realty Trust from $125.00 to $140.00 and gave the stock a "neutral" rating in a report on Tuesday, February 20th. Wells Fargo & Company upgraded shares of Digital Realty Trust from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $135.00 to $155.00 in a report on Tuesday, April 9th. Finally, StockNews.com lowered shares of Digital Realty Trust from a "hold" rating to a "sell" rating 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 assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Digital Realty Trust currently has an average rating of "Hold" and a consensus price target of $143.33.

Insiders Place Their Bets

In other Digital Realty Trust 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 shares were sold at an average price of $145.50, for a total value 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 $1,224,091.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.39% of the company's stock.

Digital Realty Trust Company 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.

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