Investors Buy High Volume of Digital Realty Trust Call Options (NYSE:DLR)

Digital Realty Trust, Inc. (NYSE:DLR) was the target of some unusual options trading activity on Thursday. Investors bought 3,697 call options on the stock. This represents an increase of 23% compared to the typical volume of 3,004 call options.

Digital Realty Trust Trading Up 0.4 %

Shares of Digital Realty Trust stock traded up $0.62 on Friday, hitting $158.35. 1,284,221 shares of the company’s stock traded hands, compared to its average volume of 1,394,311. The company has a market capitalization of $49.47 billion, a price-to-earnings ratio of 43.99, a price-to-earnings-growth ratio of 20.74 and a beta of 0.59. Digital Realty Trust has a one year low of $113.94 and a one year high of $160.46. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.29 and a quick ratio of 1.29. The company has a fifty day moving average of $147.33 and a two-hundred day moving average of $143.00.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, June 14th. This represents a $4.88 annualized dividend and a dividend yield of 3.08%. Digital Realty Trust’s dividend payout ratio is currently 135.56%.

Institutional Trading of Digital Realty Trust

Several large investors have recently made changes to their positions in DLR. Rise Advisors LLC increased its holdings in shares of Digital Realty Trust by 1,125.0% during the first quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 180 shares in the last quarter. GoalVest Advisory LLC bought a new position in shares of Digital Realty Trust in the first quarter valued at $29,000. Baldwin Brothers LLC MA grew its holdings in shares of 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 buying an additional 185 shares during the last quarter. Bfsg LLC acquired a new stake in shares of Digital Realty Trust in the 4th quarter worth about $31,000. Finally, Future Financial Wealth Managment LLC bought a new position in Digital Realty Trust in the 1st quarter valued at about $34,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Truist Financial lifted their price target on Digital Realty Trust from $145.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, March 18th. The Goldman Sachs Group started coverage on shares of Digital Realty Trust in a research note on Monday, July 1st. They issued a “buy” rating and a $175.00 price target on the stock. TD Cowen upped their price objective on shares of Digital Realty Trust from $116.00 to $122.00 and gave the stock a “hold” rating in a research report on Friday, May 3rd. Barclays boosted their target price on shares of Digital Realty Trust from $119.00 to $123.00 and gave the stock an “underweight” rating in a research note on Thursday, May 30th. Finally, Royal Bank of Canada increased their price target on Digital Realty Trust from $144.00 to $160.00 and gave the company an “outperform” rating in a research note on Monday, June 3rd. Three analysts have rated the stock with a sell rating, six have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $151.20.

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.