Digital Realty Trust, Inc. $DLR Holdings Increased by Hazelview Securities Inc.

Hazelview Securities Inc. lifted its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 73.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 261,377 shares of the real estate investment trust’s stock after acquiring an additional 110,631 shares during the period. Digital Realty Trust accounts for approximately 7.9% of Hazelview Securities Inc.’s holdings, making the stock its 2nd biggest holding. Hazelview Securities Inc.’s holdings in Digital Realty Trust were worth $44,643,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in DLR. South Plains Financial Inc. lifted its stake in shares of Digital Realty Trust by 280.5% in the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 115 shares during the last quarter. Tobam purchased a new stake in Digital Realty Trust during the 2nd quarter valued at $28,000. AdvisorShares Investments LLC purchased a new stake in Digital Realty Trust during the 2nd quarter valued at $32,000. NewSquare Capital LLC lifted its position in Digital Realty Trust by 149.3% in the second quarter. NewSquare Capital LLC now owns 187 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 112 shares during the last quarter. Finally, AlphaQuest LLC boosted its stake in Digital Realty Trust by 163.5% during the second quarter. AlphaQuest LLC now owns 195 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 121 shares during the period. 99.71% of the stock is owned by institutional investors.

Insider Activity at Digital Realty Trust

In other news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total transaction of $655,811.72. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Andrew Power sold 53,269 shares of the stock in a transaction on Monday, September 15th. The shares were sold at an average price of $175.16, for a total value of $9,330,598.04. Additional details regarding this sale are available in the official SEC disclosure. 0.13% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on DLR. Citigroup raised their target price on shares of Digital Realty Trust from $200.00 to $212.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Wall Street Zen lowered shares of Digital Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Saturday, November 8th. Cowen restated a “hold” rating on shares of Digital Realty Trust in a research report on Friday, October 24th. Jefferies Financial Group upped their target price on Digital Realty Trust from $205.00 to $206.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Finally, Stifel Nicolaus set a $210.00 price target on Digital Realty Trust in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $199.05.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $153.59 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.02. The stock has a market cap of $52.76 billion, a price-to-earnings ratio of 39.69, a price-to-earnings-growth ratio of 4.10 and a beta of 1.11. The firm has a 50-day moving average of $166.31 and a two-hundred day moving average of $170.03. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $187.80.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.15 earnings per share for the quarter. The firm had revenue of $1.58 billion during the quarter. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. On average, research analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Monday, December 15th will be paid a dividend of $1.22 per share. The ex-dividend date is Monday, December 15th. This represents a $4.88 annualized dividend and a dividend yield of 3.2%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 126.10%.

About Digital Realty Trust

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.