Doliver Advisors LP Takes $206,000 Position in Digital Realty Trust, Inc. (NYSE:DLR)

Financial Advisors


Doliver Advisors LP purchased a new position in shares of Digital Realty Trust, Inc. (NYSE: DLR – Get Rating) in the fourth quarter, according to a recent disclosure to the Securities and Exchange Commission (SEC). The company purchased 2,053 shares of real estate investment trust stock valued at approximately $206,000.

Many other hedge funds also buy and sell shares in this business. Neo Ivy Capital Management increased its Digital Realty Trust holdings by 116.4% in the third quarter. Neo Ivy Capital Management owns 264 shares of the Real Estate Investment Trust worth $26,000 after purchasing an additional 142 shares during this period. Concord Wealth Partners purchased a new position in his Digital Realty Trust worth approximately $26,000 in the fourth quarter. Guardian Wealth Advisors LLC purchased a new Digital Realty Trust position worth approximately $27,000 in the third quarter. Affiance Financial LLC acquired new shares in Digital Realty Trust worth approximately $34,000 in the fourth quarter. Finally, Godsey & Gibb Inc. acquired new shares in Digital Realty Trust worth approximately $35,000 in the fourth quarter. 95.00% of the shares are owned by institutional investors.

Digital Realty Trust stock performance

DLR shares Wednesday opened at $94.75. The company has a market capitalization of $27.6 billion, a PE ratio of 85.36, a price/earnings ratio of 2.40, and a beta of 0.53. The company has a 50-day simple moving average of $98.32 and a 200-day simple moving average of $103.09. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt to equity ratio of 0.96. Digital Realty Trust, Inc. has a 12-month low of $85.76 and a 12-month high of $144.98.

Digital Realty Trust (NYSE:DLR – Get Rating) last reported quarterly results on Thursday, April 27. The real estate investment trust reported an EPS of $0.19 for the quarter, missing analyst consensus expectations of $1.65 ($1.46). The business generated $1.34 billion in revenue for the quarter, compared to consensus expectations of $1.41 billion. Digital Realty Trust posted a net profit margin of 7.61% and a return on equity of 2.34%. Business revenue for the quarter increased by 18.8% compared to the same period last year. During the same quarter last year, the company posted his EPS of $1.67. Analysts expect Digital Realty Trust, Inc.’s EPS to be 6.71 for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company recently announced its quarterly dividend, which was paid on Friday, March 31st. A dividend of $1.22 per share was issued to shareholders of record on Wednesday, March 15. This represents his $4.88 dividend and his 5.15% yield on an annual basis. The ex-dividend date was Tuesday, March 14. Digital Realty Trust’s dividend payout ratio is 439.64%.

Analyst Rating Change

DLR has been the topic of many research analyst reports. BMO Capital Markets downgraded Digital Realty Trust’s stock from an “outperform” rating to a “market perform” rating and lowered the company’s price target from $121.00 to $100.00 in its research notes on Monday, March 27. rice field. Citigroup raised Digital Realty Trust’s price target to $120.00 from $119.00, giving the company a ‘Buy’ rating in its research notes on Monday, March 6. StockNews.com began reporting on Digital Realty Trust shares in a research note on Thursday, March 16th. They gave the stock a “sell” rating. Equally weighted” ratings have been set. Finally, Credit Suisse Group lowered its price target on Digital Realty Trust shares from $81.00 to $80.00, giving the stock an “underperform” rating in its research report on Friday, February 17. Three equity research analysts issued sell ratings, five hold ratings, four buy ratings, and one strong buy rating on the company’s stock. According to MarketBeat.com, the stock has an average rating of Hold and a consensus target price of $116.92.

insider bet

In related news, EVP Dyer Corey sold 4,401 shares of the company in a transaction on Friday, March 10th. The shares sold for an average of $104.19, giving him a total of $458,540.19. After the transaction, the Executive Vice President now owns 30,026 shares of the company directly, valued at approximately $3,128,408.94. The sale was disclosed in legal filings with the U.S. Securities and Exchange Commission available at this link. The insider owns his 0.41% of the company’s shares.

Digital Realty Trust Company Profile

(get rating)

Digital Realty Trust, Inc operates as a real estate investment trust engaged in the provision of data center, colocation and interconnection solutions. We serve industries such as artificial intelligence (AI), networking, cloud, digital media, mobile, financial services, healthcare, and gaming.

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Want to know other hedge funds holding DLRs? Visit HoldingsChannel.com to get the latest Digital Realty Trust, Inc. (NYSE: DLR – Get Rating) 13F filings and insider trading.

Digital Realty Trust (NYSE:DLR) Quarterly Institutional Ownership

This instant news alert was generated by Narrative Science Technology and MarketBeat financial data to provide our readers with the fastest and most accurate reporting. This article was reviewed by MarketBeat’s editorial team prior to publication. Send any questions or comments about this story to contact@marketbeat.com.

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