Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Digital Realty Trust, Inc. NYSE: DLR. In a filing disclosed on November 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Digital Realty Trust stock on November 1st.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 11/1/2024.
- Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 11/1/2024.
- Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 11/1/2024.
- Purchased $1,001 - $15,000 in shares of Hershey NYSE: HSY on 11/1/2024.
- Purchased $1,001 - $15,000 in shares of Duke Energy NYSE: DUK on 11/1/2024.
- Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 11/1/2024.
- Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 11/1/2024.
- Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 11/1/2024.
- Purchased $1,001 - $15,000 in shares of Corning NYSE: GLW on 11/1/2024.
- Purchased $1,001 - $15,000 in shares of Caterpillar NYSE: CAT on 10/21/2024.
Digital Realty Trust Trading Down 4.1 %
DLR stock traded down $7.40 during trading on Wednesday, reaching $173.62. The company had a trading volume of 4,599,005 shares, compared to its average volume of 1,845,623. The business has a 50 day moving average of $161.89 and a 200 day moving average of $152.79. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.78. The company has a market cap of $57.59 billion, a P/E ratio of 145.90, a PEG ratio of 5.66 and a beta of 0.59. Digital Realty Trust, Inc. has a 52 week low of $126.22 and a 52 week high of $193.88.
Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.58). The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The company's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.62 earnings per share. As a group, sell-side analysts forecast that Digital Realty Trust, Inc. will post 6.7 earnings per share for the current fiscal year.
Digital Realty Trust Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th 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 2.81%. The ex-dividend date is Friday, December 13th. Digital Realty Trust's payout ratio is 410.08%.
Institutional Trading of Digital Realty Trust
Large investors have recently added to or reduced their stakes in the business. Clear Creek Financial Management LLC grew its stake in shares of Digital Realty Trust by 1.6% during the 3rd quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust's stock valued at $621,000 after acquiring an additional 59 shares during the period. OneDigital Investment Advisors LLC increased its stake in shares of Digital Realty Trust by 3.2% in the third quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust's stock worth $305,000 after purchasing an additional 59 shares in the last quarter. Trueblood Wealth Management LLC raised its position in shares of Digital Realty Trust by 3.1% during the 3rd quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust's stock valued at $334,000 after purchasing an additional 61 shares during the period. Gilman Hill Asset Management LLC lifted its stake in shares of Digital Realty Trust by 1.1% during the 2nd quarter. Gilman Hill Asset Management LLC now owns 6,179 shares of the real estate investment trust's stock valued at $940,000 after buying an additional 65 shares in the last quarter. Finally, GHP Investment Advisors Inc. boosted its holdings in Digital Realty Trust by 14.3% in the 3rd quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust's stock worth $85,000 after buying an additional 66 shares during the period. 99.71% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on DLR. JPMorgan Chase & Co. lifted their target price on shares of Digital Realty Trust from $180.00 to $185.00 and gave the company an "overweight" rating in a report on Friday, October 25th. Evercore ISI increased their target price on Digital Realty Trust from $160.00 to $175.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 23rd. Raymond James lifted their price target on Digital Realty Trust from $170.00 to $190.00 and gave the stock a "strong-buy" rating in a research report on Friday, October 25th. Wells Fargo & Company increased their price objective on shares of Digital Realty Trust from $175.00 to $185.00 and gave the company an "overweight" rating in a research report on Friday, October 25th. Finally, Royal Bank of Canada lifted their target price on shares of Digital Realty Trust from $177.00 to $207.00 and gave the stock an "outperform" rating in a report on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $167.68.
Read Our Latest Analysis on Digital Realty Trust
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2025. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2024 election. Marjorie Taylor Greene earned a bachelor's degree in business administration from the University of Georgia. Greene's career experience includes co-owning construction company Taylor Commercial and founding and owning a CrossFit gym.
Digital Realty Trust Company Profile
(
Get Free Report)
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.
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