GW Henssler & Associates Ltd. Increases Position in Digital Realty Trust, Inc. (NYSE:DLR)


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GW Henssler & Associates Ltd. lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 101,142 shares of the real estate investment trust’s stock after acquiring an additional 3,291 shares during the quarter. GW Henssler & Associates Ltd.’s holdings in Digital Realty Trust were worth $14,245,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. increased its position in shares of Digital Realty Trust by 5.2% during the fourth quarter. BlackRock Inc. now owns 26,509,610 shares of the real estate investment trust’s stock worth $3,698,356,000 after acquiring an additional 1,322,107 shares during the last quarter. FMR LLC increased its position in shares of Digital Realty Trust by 6.9% during the fourth quarter. FMR LLC now owns 10,151,781 shares of the real estate investment trust’s stock worth $1,416,275,000 after acquiring an additional 651,934 shares during the last quarter. Northern Trust Corp increased its holdings in Digital Realty Trust by 0.7% in the fourth quarter. Northern Trust Corp now owns 5,167,111 shares of the real estate investment trust’s stock valued at $720,863,000 after buying an additional 36,923 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in Digital Realty Trust by 15.5% in the fourth quarter. Canada Pension Plan Investment Board now owns 3,848,086 shares of the real estate investment trust’s stock valued at $536,847,000 after buying an additional 517,002 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Digital Realty Trust by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,765,248 shares of the real estate investment trust’s stock valued at $525,284,000 after buying an additional 84,165 shares during the last quarter. 96.10% of the stock is currently owned by institutional investors and hedge funds.

DLR traded up $1.69 during trading on Tuesday, reaching $153.36. The stock had a trading volume of 12,626 shares, compared to its average volume of 1,676,588. The firm has a market capitalization of $43.15 billion, a price-to-earnings ratio of 61.65, a price-to-earnings-growth ratio of 3.01 and a beta of 0.10. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.74. Digital Realty Trust, Inc. has a 1-year low of $124.65 and a 1-year high of $165.49. The stock has a 50 day moving average of $143.52 and a two-hundred day moving average of $140.54.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, April 29th. The real estate investment trust reported $1.32 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.27). Digital Realty Trust had a return on equity of 5.31% and a net margin of 17.50%. On average, research analysts forecast that Digital Realty Trust, Inc. will post 6.13 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, March 15th. Shareholders of record on Monday, March 15th were issued a $1.16 dividend. The ex-dividend date of this dividend was Friday, March 12th. This represents a $4.64 annualized dividend and a dividend yield of 3.03%. Digital Realty Trust’s dividend payout ratio is currently 69.77%.

In other Digital Realty Trust news, Director David C. Ruberg sold 48,300 shares of the company’s stock in a transaction on Monday, March 1st. The stock was sold at an average price of $133.38, for a total value of $6,442,254.00. Following the transaction, the director now owns 719,808 shares of the company’s stock, valued at $96,007,991.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Kevin Kennedy sold 200 shares of the company’s stock in a transaction on Monday, March 15th. The shares were sold at an average price of $134.58, for a total value of $26,916.00. Following the completion of the transaction, the director now directly owns 200 shares in the company, valued at approximately $26,916. The disclosure for this sale can be found here. Insiders sold 54,906 shares of company stock worth $7,341,347 in the last ninety days. 0.61% of the stock is owned by corporate insiders.

Several brokerages recently weighed in on DLR. Deutsche Bank Aktiengesellschaft lowered their price objective on Digital Realty Trust from $170.00 to $165.00 and set a “buy” rating for the company in a report on Tuesday, February 16th. Wolfe Research began coverage on Digital Realty Trust in a report on Thursday, March 18th. They issued a “peer perform” rating for the company. Credit Suisse Group boosted their price objective on Digital Realty Trust from $167.00 to $169.00 and gave the company an “outperform” rating in a report on Friday. Mizuho upped their target price on Digital Realty Trust from $157.00 to $163.00 and gave the company a “buy” rating in a report on Wednesday, April 21st. Finally, TD Securities upped their target price on Digital Realty Trust from $170.00 to $175.00 and gave the company a “buy” rating in a report on Friday. Five equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $163.06.

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.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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