1,446 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Purchased by Clare Market Investments LLC

Clare Market Investments LLC acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,446 shares of the real estate investment trust’s stock, valued at approximately $256,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sierra Ocean LLC acquired a new stake in Digital Realty Trust during the fourth quarter worth about $29,000. FNY Investment Advisers LLC acquired a new stake in Digital Realty Trust during the fourth quarter worth about $35,000. Versant Capital Management Inc increased its position in Digital Realty Trust by 480.6% during the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 173 shares during the last quarter. Centricity Wealth Management LLC acquired a new stake in shares of Digital Realty Trust during the fourth quarter valued at about $37,000. Finally, First Financial Corp IN acquired a new stake in shares of Digital Realty Trust during the fourth quarter valued at about $42,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Stock Down 2.5 %

Shares of NYSE:DLR opened at $145.50 on Tuesday. The company has a market capitalization of $48.98 billion, a PE ratio of 89.82, a P/E/G ratio of 4.38 and a beta of 0.65. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month high of $198.00. The firm has a 50 day simple moving average of $168.03 and a 200-day simple moving average of $170.12.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. On average, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $1.22 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.35%. Digital Realty Trust’s payout ratio is 301.23%.

Analyst Ratings Changes

DLR has been the subject of a number of recent analyst reports. JMP Securities reiterated a “market outperform” rating and set a $220.00 price target on shares of Digital Realty Trust in a research report on Tuesday, February 18th. UBS Group upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their price target for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. Scotiabank upgraded shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price target for the company in a research report on Tuesday, February 18th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Finally, Truist Financial dropped their price target on shares of Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $180.11.

Insider Activity

In other news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction on 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 SEC, which can be accessed through this hyperlink. Corporate insiders own 0.17% of the company’s stock.

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.