Greenleaf Trust Increases Position in Digital Realty Trust, Inc. (NYSE:DLR)

Greenleaf Trust lifted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 5.6% during the 4th quarter, HoldingsChannel reports. The firm owned 4,017 shares of the real estate investment trust’s stock after buying an additional 214 shares during the period. Greenleaf Trust’s holdings in Digital Realty Trust were worth $541,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DLR. Resolution Capital Ltd increased its stake in Digital Realty Trust by 106.7% in the third quarter. Resolution Capital Ltd now owns 2,351,113 shares of the real estate investment trust’s stock valued at $284,532,000 after acquiring an additional 1,213,526 shares during the last quarter. Vanguard Group Inc. increased its stake in Digital Realty Trust by 2.1% in the third quarter. Vanguard Group Inc. now owns 47,390,848 shares of the real estate investment trust’s stock valued at $5,735,240,000 after acquiring an additional 971,032 shares during the last quarter. FMR LLC increased its stake in Digital Realty Trust by 4.8% in the third quarter. FMR LLC now owns 8,647,509 shares of the real estate investment trust’s stock valued at $1,046,522,000 after acquiring an additional 394,682 shares during the last quarter. Wellington Management Group LLP increased its stake in Digital Realty Trust by 1,825.0% in the third quarter. Wellington Management Group LLP now owns 401,775 shares of the real estate investment trust’s stock valued at $48,623,000 after acquiring an additional 380,904 shares during the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC bought a new position in Digital Realty Trust in the third quarter valued at $34,561,000. Institutional investors own 99.71% of the company’s stock.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total value of $494,700.00. Following the completion of the sale, the director now directly owns 8,413 shares in the company, valued at $1,224,091.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.39% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

DLR has been the topic of a number of research analyst reports. Wells Fargo & Company raised Digital Realty Trust from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $135.00 to $155.00 in a research note on Tuesday, April 9th. Morgan Stanley upped their price target on shares of Digital Realty Trust from $100.00 to $108.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 2nd. Scotiabank lowered shares of Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 price target for the company. in a research report on Friday, February 16th. Royal Bank of Canada restated an “outperform” rating and set a $144.00 price target on shares of Digital Realty Trust in a research report on Friday, February 16th. Finally, StockNews.com lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $143.33.

Digital Realty Trust Stock Performance

Shares of DLR opened at $135.84 on Tuesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 1.14. Digital Realty Trust, Inc. has a one year low of $86.33 and a one year high of $154.18. The company has a 50-day simple moving average of $141.92 and a two-hundred day simple moving average of $136.30. The firm has a market capitalization of $42.42 billion, a PE ratio of 45.74, a price-to-earnings-growth ratio of 3.11 and a beta of 0.54.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a $1.22 dividend. The ex-dividend date was Thursday, March 14th. This represents a $4.88 annualized dividend and a yield of 3.59%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 164.31%.

About Digital Realty Trust

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.