Nilsine Partners LLC Purchases Shares of 1,412 Digital Realty Trust, Inc. (NYSE:DLR)

Nilsine Partners LLC purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,412 shares of the real estate investment trust’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DLR. Operose Advisors LLC acquired a new stake in Digital Realty Trust in the third quarter valued at $27,000. Rise Advisors LLC raised its stake in Digital Realty Trust by 1,125.0% in the first quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 180 shares in the last quarter. GoalVest Advisory LLC acquired a new stake in Digital Realty Trust in the first quarter valued at $29,000. Baldwin Brothers LLC MA raised its stake in Digital Realty Trust by 528.6% in 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 in the last quarter. Finally, Bfsg LLC acquired a new stake in Digital Realty Trust in the fourth quarter valued at $31,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Morgan Stanley lifted their target price on Digital Realty Trust from $100.00 to $108.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 2nd. Citigroup lifted their target price on Digital Realty Trust from $154.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. Truist Financial lifted their target price on Digital Realty Trust from $145.00 to $158.00 and gave the stock a “buy” rating in a research report on Monday, March 18th. Royal Bank of Canada reiterated an “outperform” rating and set a $144.00 target price on shares of Digital Realty Trust in a research report on Friday, February 16th. Finally, Barclays lifted their target price on Digital Realty Trust from $110.00 to $119.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 5th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $143.33.

Digital Realty Trust Stock Performance

DLR traded down $3.56 during trading on Tuesday, reaching $138.78. The company’s stock had a trading volume of 1,750,127 shares, compared to its average volume of 1,957,540. Digital Realty Trust, Inc. has a 52-week low of $86.33 and a 52-week high of $154.18. The company’s fifty day moving average price is $142.00 and its 200-day moving average price is $137.12. The company has a market capitalization of $43.34 billion, a price-to-earnings ratio of 46.73, a price-to-earnings-growth ratio of 3.25 and a beta of 0.54. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.14 and a current ratio of 1.14.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date of this dividend was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio is presently 164.31%.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of Digital Realty Trust stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total value of $494,700.00. Following the sale, the director now owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.39% of the stock is owned by corporate insiders.

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.