World Investment Advisors Has $1.90 Million Stock Position in Digital Realty Trust, Inc. $DLR

World Investment Advisors boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 412.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,003 shares of the real estate investment trust’s stock after purchasing an additional 8,857 shares during the quarter. World Investment Advisors’ holdings in Digital Realty Trust were worth $1,902,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Swedbank AB increased its stake in shares of Digital Realty Trust by 7.7% in the 3rd quarter. Swedbank AB now owns 350,583 shares of the real estate investment trust’s stock valued at $60,609,000 after acquiring an additional 25,215 shares in the last quarter. Vontobel Holding Ltd. grew its holdings in Digital Realty Trust by 35.4% in the third quarter. Vontobel Holding Ltd. now owns 23,963 shares of the real estate investment trust’s stock worth $4,143,000 after purchasing an additional 6,269 shares during the period. IFM Investors Pty Ltd increased its stake in Digital Realty Trust by 0.4% in the third quarter. IFM Investors Pty Ltd now owns 119,013 shares of the real estate investment trust’s stock valued at $20,406,000 after purchasing an additional 462 shares in the last quarter. Silver Lake Advisory LLC raised its holdings in shares of Digital Realty Trust by 0.5% during the third quarter. Silver Lake Advisory LLC now owns 34,183 shares of the real estate investment trust’s stock valued at $5,910,000 after purchasing an additional 158 shares during the period. Finally, True North Advisors LLC boosted its position in shares of Digital Realty Trust by 5.4% during the 3rd quarter. True North Advisors LLC now owns 1,302 shares of the real estate investment trust’s stock worth $225,000 after purchasing an additional 67 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Trading Down 0.1%

Shares of Digital Realty Trust stock opened at $155.07 on Friday. The stock has a fifty day simple moving average of $161.99 and a 200 day simple moving average of $168.46. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month high of $187.74. The company has a market capitalization of $53.27 billion, a P/E ratio of 40.07, a price-to-earnings-growth ratio of 4.00 and a beta of 1.11. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. The firm had revenue of $1.58 billion for the quarter. On average, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Monday, December 15th will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Monday, December 15th. Digital Realty Trust’s dividend payout ratio is presently 126.10%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Truist Financial boosted their target price on Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Loop Capital set a $205.00 price objective on Digital Realty Trust in a report on Monday, October 27th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Digital Realty Trust in a report on Monday, December 22nd. Barclays lifted their price target on shares of Digital Realty Trust from $141.00 to $161.00 and gave the company an “underweight” rating in a research report on Monday, October 27th. Finally, Wall Street Zen downgraded shares of Digital Realty Trust from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $197.55.

Insider Buying and Selling

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of Digital Realty Trust stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total transaction of $655,811.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.13% of the company’s stock.

About Digital Realty Trust

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.