230 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Purchased by Bfsg LLC

Bfsg LLC bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, Holdings Channel reports. The fund bought 230 shares of the real estate investment trust’s stock, valued at approximately $31,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Baldwin Brothers LLC MA raised its stake in Digital Realty Trust by 528.6% in the 4th quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 185 shares in the last quarter. Operose Advisors LLC acquired a new stake in Digital Realty Trust in the 3rd quarter worth about $27,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Digital Realty Trust in the 4th quarter worth about $32,000. Tennessee Valley Asset Management Partners acquired a new stake in Digital Realty Trust in the 4th quarter worth about $32,000. Finally, ZRC Wealth Management LLC acquired a new stake in Digital Realty Trust in the 4th quarter worth about $33,000. Institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on DLR. Citigroup boosted their target price on shares of Digital Realty Trust from $154.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, February 29th. Scotiabank cut shares of Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 target price for the company. in a research report on Friday, February 16th. Morgan Stanley boosted their target price on shares of Digital Realty Trust from $100.00 to $108.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 2nd. Royal Bank of Canada restated an “outperform” rating and issued a $144.00 target price on shares of Digital Realty Trust in a research report on Friday, February 16th. Finally, Stifel Nicolaus boosted their target price on shares of Digital Realty Trust from $155.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Digital Realty Trust has an average rating of “Hold” and a consensus price target of $143.33.

Insider Activity

In other news, Director Jean F. H. P. Mandeville sold 3,400 shares of the company’s stock in a transaction 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 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 SEC, which is available at the SEC website. Insiders own 0.39% of the company’s stock.

Digital Realty Trust Trading Up 0.4 %

DLR opened at $142.00 on Friday. 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 debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market capitalization of $44.35 billion, a price-to-earnings ratio of 47.65, a PEG ratio of 3.20 and a beta of 0.54. The company’s 50 day moving average price is $141.67 and its two-hundred day moving average price is $136.51.

Digital Realty Trust Announces Dividend

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 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio is currently 164.31%.

About Digital Realty Trust

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.