Digital Realty Trust, Inc. (NYSE:DLR) is Silver Lake Advisory LLC’s 9th Largest Position

Silver Lake Advisory LLC lowered its position in Digital Realty Trust, Inc. (NYSE:DLR) by 34.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,500 shares of the real estate investment trust’s stock after selling 17,397 shares during the quarter. Digital Realty Trust comprises about 2.6% of Silver Lake Advisory LLC’s portfolio, making the stock its 9th largest position. Silver Lake Advisory LLC’s holdings in Digital Realty Trust were worth $5,941,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Adirondack Trust Co. raised its position in Digital Realty Trust by 68.6% in the 3rd 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 during the period. FNY Investment Advisers LLC purchased a new stake in shares of Digital Realty Trust in the fourth quarter worth approximately $35,000. Versant Capital Management Inc lifted its stake in shares of Digital Realty Trust by 480.6% during the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 173 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new position in Digital Realty Trust during the 3rd quarter valued at $38,000. Finally, First Financial Corp IN bought a new position in Digital Realty Trust in the 4th quarter valued at $42,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 0.6 %

Shares of Digital Realty Trust stock opened at $183.45 on Friday. Digital Realty Trust, Inc. has a 12-month low of $131.42 and a 12-month high of $198.00. The firm’s 50 day simple moving average is $183.25 and its two-hundred day simple moving average is $167.42. 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 capitalization of $60.85 billion, a price-to-earnings ratio of 154.16, a PEG ratio of 4.64 and a beta of 0.64.

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 net margin of 8.04% and a return on equity of 2.24%. The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the previous year, the firm posted $1.62 EPS. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. Analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, December 13th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend was Friday, December 13th. Digital Realty Trust’s dividend payout ratio is presently 410.08%.

Wall Street Analyst Weigh In

DLR has been the subject of several research analyst reports. Raymond James lifted their target price on Digital Realty Trust from $170.00 to $190.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 25th. Wells Fargo & Company boosted their price objective on shares of Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, December 10th. UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and raised their target price for the stock from $147.00 to $205.00 in a research report on Tuesday, January 7th. Scotiabank boosted their price target on Digital Realty Trust from $178.00 to $208.00 and gave the company a “sector perform” rating in a report on Thursday. Finally, Jefferies Financial Group raised their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $178.89.

Insider Buying and Selling at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the company’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.17% of the company’s stock.

Digital Realty Trust 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.