Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by First Affirmative Financial Network

First Affirmative Financial Network raised its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 10.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,715 shares of the real estate investment trust’s stock after purchasing an additional 167 shares during the quarter. First Affirmative Financial Network’s holdings in Digital Realty Trust were worth $304,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Adirondack Trust Co. lifted its position in shares of Digital Realty Trust by 68.6% during the third quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 81 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Digital Realty Trust during the fourth quarter worth about $35,000. Versant Capital Management Inc lifted its position in shares of 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 in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Digital Realty Trust during the third quarter worth about $38,000. Finally, First Financial Corp IN acquired a new stake in shares of Digital Realty Trust during the fourth quarter worth about $42,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Buying and Selling

In related news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of DLR opened at $164.28 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. The firm has a market cap of $54.49 billion, a PE ratio of 138.05, a price-to-earnings-growth ratio of 4.64 and a beta of 0.64. The company’s 50 day simple moving average is $182.02 and its 200-day simple moving average is $167.93. Digital Realty Trust, Inc. has a 12-month low of $131.42 and a 12-month high of $198.00.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Friday, December 13th were issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend was Friday, December 13th. Digital Realty Trust’s dividend payout ratio is presently 410.08%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. 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 research report on Friday, October 25th. TD Cowen raised their target price on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a report on Friday, October 25th. JMP Securities started coverage on shares of Digital Realty Trust in a report on Monday. They issued an “outperform” rating and a $220.00 target price on the stock. Scotiabank raised their target price on shares of Digital Realty Trust from $178.00 to $208.00 and gave the company a “sector perform” rating in a report on Thursday, January 23rd. Finally, Truist Financial raised their target price on shares of Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $180.95.

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.