Key Points
- Director Mary Hogan Preusse sold 4,166 shares on Dec. 1 at an average price of $157.42 for a total of $655,811.72, as disclosed in an SEC Form 4 filing.
- Digital Realty declared a quarterly dividend of $1.22 (annualized $4.88) with an ex-dividend date of Dec. 15, implying a 3.1% yield but a dividend payout ratio of 126.1%, indicating payouts exceed recent earnings.
- The stock trades near $156 with a market cap of $53.7B and a P/E of 40.4, while analysts have a consensus rating of “Moderate Buy” and an average price target of $198.14 (12‑month range $129.95–$195.38).
Digital Realty Trust, Inc. (NYSE:DLR - Get Free Report) Director Mary Hogan Preusse sold 4,166 shares of the firm's stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Digital Realty Trust Stock Performance
Shares of DLR stock opened at $156.40 on Tuesday. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $195.38. The company's fifty day simple moving average is $168.57 and its 200-day simple moving average is $170.61. The firm has a market cap of $53.72 billion, a PE ratio of 40.41, a P/E/G ratio of 4.13 and a beta of 0.96. The company has a quick ratio of 2.22, a current ratio of 2.02 and a debt-to-equity ratio of 0.80.
Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings results 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. Equities research analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.
Digital Realty Trust Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Monday, December 15th will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Monday, December 15th. Digital Realty Trust's dividend payout ratio (DPR) is currently 126.10%.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on DLR. Daiwa Capital Markets began coverage on Digital Realty Trust in a research note on Wednesday, October 22nd. They set a "buy" rating and a $210.00 price objective on the stock. Cowen restated a "hold" rating on shares of Digital Realty Trust in a report on Friday, October 24th. TD Cowen increased their price target on shares of Digital Realty Trust from $163.00 to $179.00 and gave the company a "hold" rating in a research note on Friday, October 24th. Moffett Nathanson boosted their price objective on shares of Digital Realty Trust from $163.00 to $166.00 and gave the stock a "neutral" rating in a research note on Monday, October 6th. Finally, Stifel Nicolaus set a $210.00 target price on shares of Digital Realty Trust in a report on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $198.14.
Check Out Our Latest Analysis on DLR
Institutional Trading of Digital Realty Trust
A number of hedge funds have recently modified their holdings of the stock. Summit Place Financial Advisors LLC grew its stake in Digital Realty Trust by 2.0% in the 2nd quarter. Summit Place Financial Advisors LLC now owns 2,857 shares of the real estate investment trust's stock valued at $498,000 after buying an additional 57 shares during the last quarter. Riverbend Wealth Management LLC grew its position in shares of Digital Realty Trust by 3.0% in the second quarter. Riverbend Wealth Management LLC now owns 2,043 shares of the real estate investment trust's stock valued at $356,000 after purchasing an additional 60 shares during the last quarter. Security National Bank of Sioux City Iowa IA increased its stake in shares of Digital Realty Trust by 0.4% during the third quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust's stock worth $2,478,000 after purchasing an additional 60 shares during the period. Decatur Capital Management Inc. increased its stake in shares of Digital Realty Trust by 0.4% during the first quarter. Decatur Capital Management Inc. now owns 16,312 shares of the real estate investment trust's stock worth $2,337,000 after purchasing an additional 61 shares during the period. Finally, EP Wealth Advisors LLC lifted its holdings in Digital Realty Trust by 1.3% during the 1st quarter. EP Wealth Advisors LLC now owns 4,766 shares of the real estate investment trust's stock worth $683,000 after purchasing an additional 63 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.
About Digital Realty Trust
(
Get Free Report)
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.
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