Nikulski Financial Inc. Buys 494 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Nikulski Financial Inc. lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.8% during the fourth quarter, Holdings Channel reports. The firm owned 13,496 shares of the real estate investment trust’s stock after acquiring an additional 494 shares during the period. Nikulski Financial Inc.’s holdings in Digital Realty Trust were worth $2,393,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. lifted its stake in Digital Realty Trust by 6.4% in the third quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust’s stock valued at $61,643,000 after purchasing an additional 23,028 shares during the last quarter. Cumberland Partners Ltd lifted its holdings in Digital Realty Trust by 207.3% during the third quarter. Cumberland Partners Ltd now owns 46,595 shares of the real estate investment trust’s stock valued at $7,540,000 after purchasing an additional 31,430 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in Digital Realty Trust by 26.4% in the 4th quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust’s stock worth $9,682,000 after buying an additional 11,405 shares during the period. TCW Group Inc. grew its stake in Digital Realty Trust by 161.0% in the 3rd quarter. TCW Group Inc. now owns 50,696 shares of the real estate investment trust’s stock valued at $8,204,000 after buying an additional 31,272 shares in the last quarter. Finally, Prestige Wealth Management Group LLC raised its holdings in Digital Realty Trust by 3,056.0% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 4,229 shares of the real estate investment trust’s stock valued at $684,000 after acquiring an additional 4,095 shares during the period. 99.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Raymond James lifted their price target on Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. increased their price target on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Truist Financial raised their price target on Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Finally, TD Cowen raised their price target on Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $178.89.

Digital Realty Trust Price Performance

Shares of DLR opened at $180.56 on Friday. The firm’s 50-day simple moving average is $183.37 and its two-hundred day simple moving average is $167.71. Digital Realty Trust, Inc. has a fifty-two week low of $131.42 and a fifty-two week high of $198.00. The stock has a market cap of $59.89 billion, a PE ratio of 151.73, a price-to-earnings-growth ratio of 4.64 and a beta of 0.64. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.58). Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the previous year, the company earned $1.62 EPS. The business’s quarterly revenue was up 2.1% on a year-over-year basis. Analysts anticipate that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, December 13th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.70%. Digital Realty Trust’s payout ratio is presently 410.08%.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.17% of the stock is owned by insiders.

Digital Realty Trust Company Profile

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.