ST Germain D J Co. Inc. Increases Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

ST Germain D J Co. Inc. increased its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 159.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 421 shares of the real estate investment trust’s stock after acquiring an additional 259 shares during the period. ST Germain D J Co. Inc.’s holdings in Digital Realty Trust were worth $75,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Clear Creek Financial Management LLC increased its position in shares of Digital Realty Trust by 1.6% during the 3rd quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $621,000 after purchasing an additional 59 shares during the last quarter. OneDigital Investment Advisors LLC boosted its stake in Digital Realty Trust by 3.2% during the third quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock worth $305,000 after buying an additional 59 shares during the period. Trueblood Wealth Management LLC increased its position in Digital Realty Trust by 3.1% during the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock valued at $334,000 after acquiring an additional 61 shares during the last quarter. GHP Investment Advisors Inc. raised its stake in shares of Digital Realty Trust by 14.3% in the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $85,000 after acquiring an additional 66 shares during the period. Finally, TD Private Client Wealth LLC boosted its stake in shares of Digital Realty Trust by 6.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust’s stock worth $176,000 after purchasing an additional 67 shares during the period. 99.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

DLR has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their price objective on shares of Digital Realty Trust from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 10th. Jefferies Financial Group raised their price target on Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Raymond James upped their price objective 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. Scotiabank lifted their target price on Digital Realty Trust from $157.00 to $178.00 and gave the stock a “sector perform” rating in a research report on Friday, October 25th. Finally, HSBC upgraded shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and upped their price target for the stock from $124.00 to $160.00 in a report on Friday, October 4th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus price target of $174.74.

Insider Activity at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction dated 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 document filed with the SEC, which is accessible through this hyperlink. 0.17% of the stock is currently owned by corporate insiders.

Digital Realty Trust Stock Performance

DLR stock opened at $172.86 on Friday. Digital Realty Trust, Inc. has a one year low of $131.42 and a one year high of $198.00. The firm has a market cap of $57.34 billion, a price-to-earnings ratio of 145.26, a PEG ratio of 4.91 and a beta of 0.62. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. The firm has a 50-day simple moving average of $183.46 and a two-hundred day simple moving average of $165.91.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts’ consensus estimates 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 period in the previous year, the company earned $1.62 EPS. The company’s revenue was up 2.1% on a year-over-year basis. On average, equities analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be paid a dividend of $1.22 per share. The ex-dividend date is Friday, December 13th. This represents a $4.88 annualized dividend and a yield of 2.82%. Digital Realty Trust’s dividend payout ratio (DPR) is 410.08%.

Digital Realty Trust Profile

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.