Digital Realty Trust, Inc. (NYSE:DLR) Stake Boosted by Capital Investment Counsel LLC

Capital Investment Counsel LLC increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,465 shares of the real estate investment trust’s stock after acquiring an additional 91 shares during the period. Digital Realty Trust comprises approximately 1.4% of Capital Investment Counsel LLC’s portfolio, making the stock its 22nd biggest holding. Capital Investment Counsel LLC’s holdings in Digital Realty Trust were worth $8,240,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. BSW Wealth Partners boosted its position in Digital Realty Trust by 8.7% during the fourth quarter. BSW Wealth Partners now owns 1,393 shares of the real estate investment trust’s stock worth $247,000 after purchasing an additional 112 shares during the period. Perigon Wealth Management LLC bought a new stake in shares of Digital Realty Trust during the 4th quarter worth $214,000. BankPlus Wealth Management LLC bought a new position in Digital Realty Trust in the 4th quarter worth $475,000. Nilsine Partners LLC lifted its position in Digital Realty Trust by 10.8% during the 4th quarter. Nilsine Partners LLC now owns 1,790 shares of the real estate investment trust’s stock worth $317,000 after acquiring an additional 174 shares during the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $2,324,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

NYSE DLR opened at $162.19 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a market cap of $53.80 billion, a price-to-earnings ratio of 136.29, a PEG ratio of 4.64 and a beta of 0.64. The business has a 50 day simple moving average of $182.99 and a 200 day simple moving average of $167.95. Digital Realty Trust, Inc. has a 52-week low of $131.42 and a 52-week high of $198.00.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, December 13th were given a dividend of $1.22 per share. The ex-dividend date was Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 3.01%. Digital Realty Trust’s dividend payout ratio is currently 410.08%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on DLR shares. Truist Financial increased their price objective on Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. TD Cowen raised their price objective on Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Evercore ISI upped their target price on Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday. Finally, Hsbc Global Res raised shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a report on Friday, October 4th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $180.95.

Insider Buying and Selling

In other news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.17% of the stock is owned by corporate insiders.

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.