Signaturefd LLC Increases Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Signaturefd LLC increased its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 12.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,486 shares of the real estate investment trust’s stock after purchasing an additional 398 shares during the quarter. Signaturefd LLC’s holdings in Digital Realty Trust were worth $469,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Robbins Farley grew its position in Digital Realty Trust by 2.2% during the fourth quarter. Robbins Farley now owns 11,222 shares of the real estate investment trust’s stock worth $1,510,000 after buying an additional 241 shares in the last quarter. Carmel Capital Partners LLC grew its position in Digital Realty Trust by 14.9% during the fourth quarter. Carmel Capital Partners LLC now owns 2,591 shares of the real estate investment trust’s stock worth $349,000 after buying an additional 336 shares in the last quarter. Lindbrook Capital LLC grew its position in Digital Realty Trust by 47.9% during the fourth quarter. Lindbrook Capital LLC now owns 1,003 shares of the real estate investment trust’s stock worth $135,000 after buying an additional 325 shares in the last quarter. Greenleaf Trust grew its position in Digital Realty Trust by 5.6% during the fourth quarter. Greenleaf Trust now owns 4,017 shares of the real estate investment trust’s stock worth $541,000 after buying an additional 214 shares in the last quarter. Finally, Xponance Inc. grew its position in Digital Realty Trust by 1.7% during the fourth quarter. Xponance Inc. now owns 39,165 shares of the real estate investment trust’s stock worth $5,271,000 after buying an additional 652 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DLR has been the subject of several recent analyst reports. Morgan Stanley boosted their target price on Digital Realty Trust from $100.00 to $108.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 2nd. JPMorgan Chase & Co. upped their price objective on Digital Realty Trust from $125.00 to $140.00 and gave the stock a “neutral” rating in a report on Tuesday, February 20th. Barclays upped their price objective on Digital Realty Trust from $110.00 to $119.00 and gave the stock an “underweight” rating in a report on Tuesday, March 5th. Royal Bank of Canada reiterated an “outperform” rating and issued a $144.00 price objective on shares of Digital Realty Trust in a report on Friday, February 16th. Finally, Scotiabank cut Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 price objective for the company. in a report on Friday, February 16th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $143.33.

Digital Realty Trust Trading Up 1.5 %

NYSE DLR opened at $140.61 on Thursday. The stock has a 50-day moving average of $141.82 and a 200-day moving average of $136.48. The firm has a market cap of $43.91 billion, a PE ratio of 47.34, a price-to-earnings-growth ratio of 3.09 and a beta of 0.54. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.92. Digital Realty Trust, Inc. has a 1-year low of $86.33 and a 1-year high of $154.18.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.47%. Digital Realty Trust’s dividend payout ratio (DPR) is 164.31%.

Insider Buying and Selling

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $145.50, for a total transaction of $494,700.00. Following the sale, the director now directly owns 8,413 shares in the company, valued at approximately $1,224,091.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.39% of the stock is currently owned by company insiders.

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.