CHICAGO TRUST Co NA Makes New Investment in Digital Realty Trust, Inc. (NYSE:DLR)

CHICAGO TRUST Co NA purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 1,630 shares of the real estate investment trust’s stock, valued at approximately $235,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in DLR. Operose Advisors LLC bought a new position in shares of Digital Realty Trust in the 3rd quarter valued at $27,000. Rise Advisors LLC grew its holdings in shares of Digital Realty Trust by 1,125.0% during the first quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 180 shares during the last quarter. Baldwin Brothers LLC MA raised its holdings in Digital Realty Trust by 528.6% in the 4th 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 during the last quarter. Bfsg LLC bought a new stake in Digital Realty Trust during the 4th quarter worth approximately $31,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in Digital Realty Trust in the 4th quarter valued at approximately $32,000. 99.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DLR has been the topic of a number of recent research reports. HSBC lifted their price target on shares of Digital Realty Trust from $115.00 to $118.00 and gave the stock a “reduce” rating in a report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft upped their price target on Digital Realty Trust from $143.00 to $145.00 and gave the company a “hold” rating in a research report on Thursday, May 30th. Truist Financial raised their price objective 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 upped their target price on Digital Realty Trust from $144.00 to $160.00 and gave the company an “outperform” rating in a report on Monday, June 3rd. Finally, UBS Group boosted their price target on shares of Digital Realty Trust from $143.00 to $147.00 and gave the stock a “neutral” rating in a research report on Friday, May 3rd. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $144.65.

Digital Realty Trust Stock Performance

DLR opened at $147.02 on Tuesday. Digital Realty Trust, Inc. has a 1-year low of $103.81 and a 1-year high of $154.18. The company has a market cap of $45.93 billion, a price-to-earnings ratio of 40.84, a PEG ratio of 19.53 and a beta of 0.57. The company’s fifty day moving average price is $143.70 and its two-hundred day moving average price is $141.34. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.91.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be given a $1.22 dividend. The ex-dividend date is Friday, June 14th. This represents a $4.88 annualized dividend and a yield of 3.32%. Digital Realty Trust’s payout ratio is 135.56%.

Digital Realty Trust Company 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.