Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 16.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 50,526 shares of the real estate investment trust's stock after purchasing an additional 7,086 shares during the period. Janney Montgomery Scott LLC's holdings in Digital Realty Trust were worth $8,960,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Adirondack Trust Co. boosted its holdings in shares of Digital Realty Trust by 68.6% during the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 81 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in Digital Realty Trust during the 4th quarter valued at $35,000. Versant Capital Management Inc lifted its holdings in shares of Digital Realty Trust by 480.6% during the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 173 shares during the period. Future Financial Wealth Managment LLC purchased a new position in shares of Digital Realty Trust in the 3rd quarter worth $38,000. Finally, First Financial Corp IN purchased a new stake in Digital Realty Trust during the fourth quarter valued at $42,000. Hedge funds and other institutional investors own 99.71% of the company's stock.

Insider Activity

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the firm's stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.17% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on DLR shares. Citizens Jmp raised Digital Realty Trust to a "strong-buy" rating in a research report on Monday. HSBC upgraded shares of Digital Realty Trust from a "reduce" rating to a "hold" rating and increased their price target for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a "hold" rating to a "buy" rating and increased their target price for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Evercore ISI raised their price objective on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an "outperform" rating in a research report on Wednesday, October 23rd. Finally, Royal Bank of Canada increased their target price on Digital Realty Trust from $177.00 to $207.00 and gave the stock an "outperform" rating in a research report on Monday, October 28th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $180.95.

Digital Realty Trust Trading Down 0.3 %

Shares of NYSE:DLR traded down $0.43 on Friday, hitting $163.80. 2,007,735 shares of the company's stock were exchanged, compared to its average volume of 2,413,466. The business's 50 day simple moving average is $181.55 and its two-hundred day simple moving average is $167.91. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. The stock has a market capitalization of $54.33 billion, a price-to-earnings ratio of 137.65, a price-to-earnings-growth ratio of 4.11 and a beta of 0.64. Digital Realty Trust, Inc. has a 12 month low of $131.42 and a 12 month high of $198.00.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, December 13th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date was Friday, December 13th. Digital Realty Trust's dividend payout ratio (DPR) is presently 410.08%.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.