Little House Capital LLC Makes New Investment in Digital Realty Trust, Inc. (NYSE:DLR)

Little House Capital LLC bought a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 16,909 shares of the real estate investment trust's stock, valued at approximately $2,436,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Rise Advisors LLC boosted its holdings in shares of Digital Realty Trust by 1,125.0% in the 1st quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust's stock valued at $28,000 after buying an additional 180 shares during the period. GoalVest Advisory LLC acquired a new position in shares of Digital Realty Trust in the 1st quarter valued at about $29,000. Baldwin Brothers LLC MA boosted its holdings in shares of Digital Realty Trust by 528.6% in the 4th quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 185 shares during the period. Bfsg LLC acquired a new position in shares of Digital Realty Trust in the 4th quarter valued at about $31,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in shares of Digital Realty Trust in the 4th quarter valued at about $32,000. Institutional investors own 99.71% of the company's stock.

Analyst Ratings Changes

DLR has been the subject of a number of analyst reports. Evercore ISI reissued an "outperform" rating and set a $154.00 target price on shares of Digital Realty Trust in a research note on Wednesday, March 27th. HSBC boosted their target price on shares of Digital Realty Trust from $115.00 to $118.00 and gave the company a "reduce" rating in a research note on Friday, May 3rd. Truist Financial boosted their target price on shares of Digital Realty Trust from $145.00 to $158.00 and gave the company a "buy" rating in a research note on Monday, March 18th. BMO Capital Markets raised shares of Digital Realty Trust from a "market perform" rating to an "outperform" rating and boosted their target price for the company from $144.00 to $170.00 in a research note on Wednesday, June 26th. Finally, Barclays boosted their target price on shares of Digital Realty Trust from $119.00 to $123.00 and gave the company an "underweight" rating in a research note on Thursday, May 30th. Three research analysts have rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $149.42.

Digital Realty Trust Trading Up 0.0 %

Shares of DLR stock traded up $0.05 during trading hours on Monday, reaching $152.10. 1,483,871 shares of the stock traded hands, compared to its average volume of 1,979,561. Digital Realty Trust, Inc. has a 1-year low of $112.38 and a 1-year high of $154.18. The business has a fifty day moving average price of $144.67 and a 200 day moving average price of $141.72. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $47.52 billion, a PE ratio of 42.26, a PEG ratio of 19.91 and a beta of 0.59.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date of this dividend was Friday, June 14th. Digital Realty Trust's payout ratio is presently 135.56%.

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.