Oxler Private Wealth LLC Makes New $240,000 Investment in Digital Realty Trust, Inc. $DLR

Oxler Private Wealth LLC purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 1,379 shares of the real estate investment trust’s stock, valued at approximately $240,000.

Several other institutional investors have also bought and sold shares of DLR. Greykasell Wealth Strategies Inc. acquired a new position in Digital Realty Trust during the 1st quarter valued at about $26,000. South Plains Financial Inc. boosted its holdings in shares of Digital Realty Trust by 280.5% in the second quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 115 shares in the last quarter. Tobam acquired a new position in shares of Digital Realty Trust during the second quarter valued at approximately $28,000. WPG Advisers LLC bought a new stake in Digital Realty Trust during the first quarter worth approximately $30,000. Finally, 1 North Wealth Services LLC acquired a new stake in Digital Realty Trust in the first quarter worth approximately $31,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $159.16 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The firm’s 50 day simple moving average is $169.18 and its 200-day simple moving average is $170.66. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.22. The company has a market cap of $54.67 billion, a P/E ratio of 41.13, a price-to-earnings-growth ratio of 4.13 and a beta of 0.96.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $0.15 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 during the quarter. As a group, equities research analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Monday, December 15th will be issued a dividend of $1.22 per share. The ex-dividend date is Monday, December 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.1%. Digital Realty Trust’s payout ratio is currently 126.10%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Wolfe Research upgraded Digital Realty Trust from a “peer perform” rating to an “outperform” rating and set a $194.00 price target on the stock in a research report on Monday, October 20th. Daiwa Capital Markets started coverage on shares of Digital Realty Trust in a research report on Wednesday, October 22nd. They issued a “buy” rating and a $210.00 price target on the stock. Citigroup upped their price target on shares of Digital Realty Trust from $200.00 to $212.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Wall Street Zen cut shares of Digital Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 8th. Finally, Moffett Nathanson increased their target price on shares of Digital Realty Trust from $163.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Digital Realty Trust has an average rating of “Moderate Buy” and an average target price of $198.14.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $175.16, for a total transaction of $9,330,598.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

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.