Wilmington Savings Fund Society FSB Invests $657,000 in Digital Realty Trust, Inc. (NYSE:DLR)

Wilmington Savings Fund Society FSB acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,062 shares of the real estate investment trust's stock, valued at approximately $657,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Clear Creek Financial Management LLC boosted its position in 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 purchasing an additional 59 shares during the period. OneDigital Investment Advisors LLC lifted its stake in 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 valued at $305,000 after buying an additional 59 shares during the last quarter. Trueblood Wealth Management LLC boosted its holdings in shares of Digital Realty Trust by 3.1% during the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust's stock valued at $334,000 after acquiring an additional 61 shares during the period. GHP Investment Advisors Inc. grew its position in shares of Digital Realty Trust by 14.3% during the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust's stock worth $85,000 after acquiring an additional 66 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its holdings in shares of Digital Realty Trust by 6.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,087 shares of the real estate investment trust's stock worth $176,000 after acquiring an additional 67 shares during the period. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Trading Up 0.2 %

Shares of Digital Realty Trust stock traded up $0.42 during trading on Monday, hitting $185.46. The stock had a trading volume of 1,258,053 shares, compared to its average volume of 1,872,348. Digital Realty Trust, Inc. has a 1 year low of $130.00 and a 1 year high of $198.00. The stock has a 50 day simple moving average of $178.86 and a 200 day simple moving average of $161.59. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $61.52 billion, a PE ratio of 155.50, a P/E/G ratio of 4.97 and a beta of 0.62.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings data 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 analysts' expectations of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The company's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.62 earnings per share. On average, research analysts expect that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date of this dividend is Friday, December 13th. Digital Realty Trust's dividend payout ratio (DPR) is 410.08%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Truist Financial upped their target price on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a "buy" rating in a research report on Tuesday, November 12th. Raymond James raised their target price on Digital Realty Trust from $170.00 to $190.00 and gave the company a "strong-buy" rating in a research report on Friday, October 25th. Stifel Nicolaus boosted their price target on Digital Realty Trust from $195.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday, November 21st. Scotiabank raised their price target on Digital Realty Trust from $157.00 to $178.00 and gave the company a "sector perform" rating in a report on Friday, October 25th. Finally, Barclays upped their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an "underweight" rating in a report on Monday, November 18th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $171.68.

Insiders Place Their Bets

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.17% of the company's stock.

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.