Optimum Investment Advisors Has $130,000 Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Optimum Investment Advisors decreased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 18.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 900 shares of the real estate investment trust’s stock after selling 200 shares during the period. Optimum Investment Advisors’ holdings in Digital Realty Trust were worth $130,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Public Employees Retirement System of Ohio lifted its position in Digital Realty Trust by 1.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 587,561 shares of the real estate investment trust’s stock worth $79,074,000 after buying an additional 9,158 shares in the last quarter. Clearbridge Investments LLC lifted its position in Digital Realty Trust by 17.7% during the 4th quarter. Clearbridge Investments LLC now owns 235,669 shares of the real estate investment trust’s stock worth $31,716,000 after buying an additional 35,456 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Digital Realty Trust by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,236,434 shares of the real estate investment trust’s stock worth $435,559,000 after buying an additional 85,262 shares in the last quarter. Lyell Wealth Management LP lifted its position in Digital Realty Trust by 12.0% during the 4th quarter. Lyell Wealth Management LP now owns 48,347 shares of the real estate investment trust’s stock worth $6,507,000 after buying an additional 5,197 shares in the last quarter. Finally, Treasurer of the State of North Carolina raised its holdings in Digital Realty Trust by 2.1% during the 4th quarter. Treasurer of the State of North Carolina now owns 137,892 shares of the real estate investment trust’s stock worth $18,558,000 after purchasing an additional 2,840 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

NYSE DLR opened at $148.35 on Friday. The business has a 50 day simple moving average of $143.53 and a 200 day simple moving average of $141.21. Digital Realty Trust, Inc. has a 52-week low of $103.15 and a 52-week high of $154.18. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.29 and a current ratio of 1.29. The stock has a market cap of $46.35 billion, a price-to-earnings ratio of 41.21, a PEG ratio of 19.47 and a beta of 0.57.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date of this dividend is Friday, June 14th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Morgan Stanley boosted their price objective on Digital Realty Trust from $100.00 to $108.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 2nd. Citigroup boosted their price objective on Digital Realty Trust from $154.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, February 29th. Royal Bank of Canada boosted their price objective on Digital Realty Trust from $144.00 to $160.00 and gave the stock an “outperform” rating in a report on Monday, June 3rd. HSBC upped their price target on Digital Realty Trust from $115.00 to $118.00 and gave the company a “reduce” rating in a research note on Friday, May 3rd. Finally, Wells Fargo & Company raised Digital Realty Trust from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $135.00 to $155.00 in a research note on Tuesday, April 9th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Hold” and an average target price of $144.65.

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.