Signaturefd LLC Acquires 398 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Signaturefd LLC grew its position in Digital Realty Trust, Inc. (NYSE:DLR) by 12.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of DLR. Resolution Capital Ltd grew its holdings 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 worth $284,532,000 after purchasing an additional 1,213,526 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Digital Realty Trust by 2.1% during 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 buying an additional 971,032 shares during the last quarter. FMR LLC grew its holdings in shares of Digital Realty Trust by 4.8% during 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 buying an additional 394,682 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Digital Realty Trust by 1,825.0% during 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 buying an additional 380,904 shares during the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC purchased a new stake in shares of Digital Realty Trust during the third quarter valued at $34,561,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $140.61 on Thursday. The firm has a 50 day simple moving average of $141.82 and a 200-day simple moving average of $136.48. Digital Realty Trust, Inc. has a 1-year low of $86.33 and a 1-year high of $154.18. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market cap of $43.91 billion, a price-to-earnings ratio of 47.34, a price-to-earnings-growth ratio of 3.09 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. Investors of record on Friday, March 15th were given a dividend of $1.22 per share. The ex-dividend date 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 payout ratio is currently 164.31%.

Analysts Set New Price Targets

DLR has been the topic of a number of research analyst reports. Scotiabank lowered shares of Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 price objective on the stock. in a report on Friday, February 16th. StockNews.com lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Friday, February 16th. JPMorgan Chase & Co. boosted their price objective on shares of Digital Realty Trust from $125.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, February 20th. Raymond James upped their price target on shares of Digital Realty Trust from $140.00 to $170.00 and gave the company a “strong-buy” rating in a report on Friday, February 16th. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $154.00 price target on shares of Digital Realty Trust in a report on Wednesday, March 27th. Three analysts have rated the stock with a sell rating, five have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Hold” and an average target price of $143.33.

Insider Buying and Selling

In related news, Director Jean F. H. P. Mandeville sold 3,400 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total transaction of $494,700.00. Following the completion of the transaction, the director now owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.39% of the stock is currently owned by corporate insiders.

Digital Realty Trust 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.