Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Marshall Financial Group LLC

Marshall Financial Group LLC lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,939 shares of the real estate investment trust’s stock after buying an additional 602 shares during the period. Digital Realty Trust makes up about 0.8% of Marshall Financial Group LLC’s holdings, making the stock its 26th biggest holding. Marshall Financial Group LLC’s holdings in Digital Realty Trust were worth $2,728,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DLR. Public Employees Retirement System of Ohio increased its position in shares of Digital Realty Trust by 1.6% in the fourth quarter. Public Employees Retirement System of Ohio now owns 587,561 shares of the real estate investment trust’s stock worth $79,074,000 after acquiring an additional 9,158 shares in the last quarter. Clearbridge Investments LLC lifted its stake in shares of Digital Realty Trust by 17.7% during the fourth quarter. Clearbridge Investments LLC now owns 235,669 shares of the real estate investment trust’s stock worth $31,716,000 after purchasing an additional 35,456 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Digital Realty Trust by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,236,434 shares of the real estate investment trust’s stock worth $435,559,000 after buying an additional 85,262 shares during the period. Lyell Wealth Management LP grew its stake in shares of Digital Realty Trust by 12.0% in the fourth quarter. Lyell Wealth Management LP now owns 48,347 shares of the real estate investment trust’s stock valued at $6,507,000 after buying an additional 5,197 shares in the last quarter. Finally, Treasurer of the State of North Carolina raised its holdings in shares of Digital Realty Trust by 2.1% during the 4th quarter. Treasurer of the State of North Carolina now owns 137,892 shares of the real estate investment trust’s stock valued at $18,558,000 after buying an additional 2,840 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Performance

DLR stock traded down $1.20 during mid-day trading on Thursday, reaching $151.71. The company had a trading volume of 879,721 shares, compared to its average volume of 1,469,527. Digital Realty Trust, Inc. has a one year low of $112.38 and a one year high of $154.18. The stock has a market capitalization of $47.40 billion, a P/E ratio of 42.14, a P/E/G ratio of 20.02 and a beta of 0.59. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.91. The stock’s 50-day simple moving average is $145.50 and its two-hundred day simple moving average is $142.07.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a $1.22 dividend. The ex-dividend date of this dividend was Friday, June 14th. This represents a $4.88 annualized dividend and a yield of 3.22%. Digital Realty Trust’s dividend payout ratio is presently 135.56%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DLR. UBS Group increased their price objective on shares of Digital Realty Trust from $143.00 to $147.00 and gave the company a “neutral” rating in a research report on Friday, May 3rd. Evercore ISI reiterated an “outperform” rating and issued a $154.00 price objective on shares of Digital Realty Trust in a report on Wednesday, March 27th. TD Cowen raised their target price on Digital Realty Trust from $116.00 to $122.00 and gave the company a “hold” rating in a research note on Friday, May 3rd. Deutsche Bank Aktiengesellschaft boosted their price target on Digital Realty Trust from $143.00 to $145.00 and gave the stock a “hold” rating in a research note on Thursday, May 30th. Finally, Truist Financial raised their price objective on Digital Realty Trust from $145.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, March 18th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $149.42.

Digital Realty Trust Company Profile

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.