GoalVest Advisory LLC Makes New $29,000 Investment in Digital Realty Trust, Inc. (NYSE:DLR)

GoalVest Advisory LLC purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 200 shares of the real estate investment trust’s stock, valued at approximately $29,000.

Several 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 3rd quarter worth $27,000. O Shaughnessy Asset Management LLC boosted its position in shares of Digital Realty Trust by 145.2% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 11,753 shares of the real estate investment trust’s stock valued at $1,422,000 after acquiring an additional 6,959 shares in the last quarter. Treasurer of the State of North Carolina boosted its position in shares of Digital Realty Trust by 2.5% during the 3rd quarter. Treasurer of the State of North Carolina now owns 135,052 shares of the real estate investment trust’s stock valued at $16,344,000 after acquiring an additional 3,350 shares in the last quarter. Samalin Investment Counsel LLC boosted its position in shares of Digital Realty Trust by 6.2% during the 3rd quarter. Samalin Investment Counsel LLC now owns 1,965 shares of the real estate investment trust’s stock valued at $238,000 after acquiring an additional 114 shares in the last quarter. Finally, Bank of Nova Scotia boosted its position in shares of Digital Realty Trust by 3.4% during the 3rd quarter. Bank of Nova Scotia now owns 24,377 shares of the real estate investment trust’s stock valued at $2,950,000 after acquiring an additional 804 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Up 0.3 %

Shares of NYSE DLR opened at $146.86 on Thursday. Digital Realty Trust, Inc. has a 1-year low of $107.19 and a 1-year high of $154.18. The company has a market cap of $45.88 billion, a PE ratio of 40.79, a P/E/G ratio of 19.17 and a beta of 0.57. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.91. The company has a 50-day moving average of $143.90 and a two-hundred day moving average of $141.43.

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 paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date is Friday, June 14th. Digital Realty Trust’s dividend payout ratio (DPR) is 135.56%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. BMO Capital Markets upgraded shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $144.00 to $170.00 in a research report on Wednesday. Barclays lifted their target price on shares of Digital Realty Trust from $119.00 to $123.00 and gave the company an “underweight” rating in a research report on Thursday, May 30th. Truist Financial lifted their target price on shares of Digital Realty Trust from $145.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, March 18th. Morgan Stanley lifted their target price on shares of Digital Realty Trust from $100.00 to $108.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 2nd. Finally, Royal Bank of Canada lifted their price target on shares of Digital Realty Trust from $144.00 to $160.00 and gave the company an “outperform” rating in a report on Monday, June 3rd. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $146.06.

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.