VIRGINIA RETIREMENT SYSTEMS ET Al Has $27.22 Million Position in Digital Realty Trust, Inc. $DLR

VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 13.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 157,470 shares of the real estate investment trust’s stock after buying an additional 18,600 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Digital Realty Trust were worth $27,223,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Summit Place Financial Advisors LLC lifted its position in Digital Realty Trust by 2.0% during the 2nd quarter. Summit Place Financial Advisors LLC now owns 2,857 shares of the real estate investment trust’s stock worth $498,000 after buying an additional 57 shares in the last quarter. Riverbend Wealth Management LLC lifted its holdings in Digital Realty Trust by 3.0% during the 2nd 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 boosted its holdings in shares of Digital Realty Trust by 0.4% during the 3rd 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 buying an additional 60 shares during the period. EP Wealth Advisors LLC boosted its holdings in shares of Digital Realty Trust by 1.3% during the first quarter. EP Wealth Advisors LLC now owns 4,766 shares of the real estate investment trust’s stock worth $683,000 after acquiring an additional 63 shares during the period. Finally, Telos Capital Management Inc. lifted its holdings in Digital Realty Trust by 0.8% during the 2nd quarter. Telos Capital Management Inc. now owns 8,089 shares of the real estate investment trust’s stock worth $1,410,000 after purchasing an additional 64 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of DLR stock opened at $156.38 on Wednesday. The firm has a market capitalization of $53.72 billion, a price-to-earnings ratio of 40.41, a PEG ratio of 4.02 and a beta of 1.11. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.80. The business’s 50-day moving average price is $161.34 and its 200-day moving average price is $168.13. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $187.74.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data 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 business had revenue of $1.58 billion during the quarter. Equities research analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

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. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Monday, December 15th. Digital Realty Trust’s payout ratio is 126.10%.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Mary Hogan Preusse sold 4,166 shares of the firm’s stock in a transaction 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 document filed with the Securities & Exchange Commission, which is available through this link. 0.17% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on DLR shares. Jefferies Financial Group reduced their target price on shares of Digital Realty Trust from $206.00 to $184.00 and set a “buy” rating for the company in a research report on Tuesday, December 16th. Wall Street Zen cut shares of Digital Realty Trust from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th. Truist Financial lifted their price target on shares of Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Morgan Stanley assumed coverage on Digital Realty Trust in a research report on Thursday, October 16th. They set an “equal weight” rating and a $195.00 target price for the company. Finally, Daiwa Capital Markets assumed coverage on 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. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $197.55.

About Digital Realty Trust

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.