Nilsine Partners LLC Purchases Shares of 1,412 Digital Realty Trust, Inc. (NYSE:DLR)

Nilsine Partners LLC purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,412 shares of the real estate investment trust’s stock, valued at approximately $203,000.

Several other large investors also recently made changes to their positions in DLR. Norges Bank acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at approximately $2,141,890,000. Resolution Capital Ltd increased its stake in shares of Digital Realty Trust by 106.7% during the third quarter. Resolution Capital Ltd now owns 2,351,113 shares of the real estate investment trust’s stock valued at $284,532,000 after acquiring an additional 1,213,526 shares during the period. Vanguard Group Inc. increased its stake in shares of Digital Realty Trust by 2.1% during the third quarter. Vanguard Group Inc. now owns 47,390,848 shares of the real estate investment trust’s stock valued at $5,735,240,000 after acquiring an additional 971,032 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of Digital Realty Trust during the fourth quarter valued at approximately $107,372,000. Finally, Kodai Capital Management LP acquired a new position in shares of Digital Realty Trust during the fourth quarter valued at approximately $59,087,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Activity at Digital Realty Trust

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of the business’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total transaction of $494,700.00. Following the completion of the transaction, the director now owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.39% of the stock is currently owned by company insiders.

Digital Realty Trust Stock Performance

Digital Realty Trust stock traded down $3.56 during trading hours on Tuesday, reaching $138.78. 1,750,127 shares of the company were exchanged, compared to its average volume of 1,957,540. Digital Realty Trust, Inc. has a 12 month low of $86.33 and a 12 month high of $154.18. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.92. The stock has a 50-day moving average of $142.00 and a 200 day moving average of $137.12. The firm has a market cap of $43.34 billion, a price-to-earnings ratio of 46.73, a PEG ratio of 3.25 and a beta of 0.54.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.52%. The ex-dividend date was Thursday, March 14th. Digital Realty Trust’s dividend payout ratio is currently 164.31%.

Analyst Ratings Changes

DLR has been the topic of a number of research analyst reports. Barclays raised their price objective on shares of Digital Realty Trust from $110.00 to $119.00 and gave the company an “underweight” rating in a research note on Tuesday, March 5th. Truist Financial increased their price objective on Digital Realty Trust from $145.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. StockNews.com downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Friday, February 16th. Citigroup lifted their price objective on Digital Realty Trust from $154.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, February 29th. Finally, Raymond James upped their target price on Digital Realty Trust from $140.00 to $170.00 and gave the stock a “strong-buy” rating in a research report on Friday, February 16th. Three research analysts have rated the stock with a sell rating, five have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Hold” and an average price target of $143.33.

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.