Blair William & Co. IL Has $3.54 Million Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Blair William & Co. IL raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 9.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,253 shares of the real estate investment trust’s stock after purchasing an additional 2,032 shares during the quarter. Blair William & Co. IL’s holdings in Digital Realty Trust were worth $3,536,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of DLR. Meeder Asset Management Inc. acquired a new stake in shares of Digital Realty Trust in the 2nd quarter valued at $25,000. Gradient Investments LLC boosted its holdings in shares of Digital Realty Trust by 75.2% in the 2nd quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 76 shares in the last quarter. American Capital Advisory LLC acquired a new stake in shares of Digital Realty Trust in the 2nd quarter valued at $27,000. Private Ocean LLC acquired a new stake in shares of Digital Realty Trust during the 2nd quarter valued at $27,000. Finally, Rise Advisors LLC boosted its holdings in shares of Digital Realty Trust by 1,125.0% during the 1st quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 180 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on DLR. Argus downgraded Digital Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Royal Bank of Canada raised their price objective on Digital Realty Trust from $144.00 to $160.00 and gave the company an “outperform” rating in a report on Monday, June 3rd. Wells Fargo & Company raised their price objective on Digital Realty Trust from $155.00 to $170.00 and gave the company an “overweight” rating in a report on Tuesday, July 23rd. Truist Financial raised their price objective on Digital Realty Trust from $160.00 to $168.00 and gave the company a “buy” rating in a report on Tuesday, August 13th. Finally, Stifel Nicolaus raised their price objective on Digital Realty Trust from $165.00 to $175.00 and gave the company a “buy” rating in a report on Friday, July 12th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $154.00.

Digital Realty Trust Stock Performance

DLR stock opened at $158.70 on Monday. The stock has a 50-day moving average price of $152.15 and a 200-day moving average price of $147.30. Digital Realty Trust, Inc. has a 1-year low of $113.94 and a 1-year high of $162.58. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.81. The firm has a market cap of $49.58 billion, a PE ratio of 44.08, a price-to-earnings-growth ratio of 5.06 and a beta of 0.60.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($1.43). Digital Realty Trust had a net margin of 20.58% and a return on equity of 5.93%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the previous year, the firm earned $1.68 earnings per share. The business’s quarterly revenue was down .7% on a year-over-year basis. As a group, equities research analysts expect that Digital Realty Trust, Inc. will post 6.65 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Friday, September 13th. Digital Realty Trust’s payout ratio is 135.56%.

Insider Activity at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 600 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $150.26, for a total value of $90,156.00. Following the completion of the sale, the director now directly owns 9,055 shares of the company’s stock, valued at approximately $1,360,604.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.17% of the stock is currently owned by corporate insiders.

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.