Silver Lake Advisory LLC Purchases 1,623 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Silver Lake Advisory LLC increased its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 3.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 52,936 shares of the real estate investment trust’s stock after buying an additional 1,623 shares during the period. Digital Realty Trust comprises approximately 4.0% of Silver Lake Advisory LLC’s holdings, making the stock its 2nd biggest position. Silver Lake Advisory LLC’s holdings in Digital Realty Trust were worth $7,124,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Operose Advisors LLC acquired a new stake in Digital Realty Trust in the third quarter worth about $27,000. Baldwin Brothers LLC MA raised its holdings in Digital Realty Trust by 528.6% during the fourth quarter. Baldwin Brothers LLC MA now owns 220 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 185 shares in the last quarter. Bfsg LLC acquired a new stake in Digital Realty Trust in the fourth quarter worth approximately $31,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Digital Realty Trust during the 4th quarter valued at $32,000. Finally, Tennessee Valley Asset Management Partners purchased a new position in Digital Realty Trust in the 4th quarter worth about $32,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DLR. Barclays boosted their price target on shares of Digital Realty Trust from $110.00 to $119.00 and gave the company an “underweight” rating in a report on Tuesday, March 5th. Stifel Nicolaus raised their target price on Digital Realty Trust from $155.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, February 16th. Wells Fargo & Company raised Digital Realty Trust from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $135.00 to $155.00 in a research report on Tuesday, April 9th. 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. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $144.00 price objective on shares of Digital Realty Trust in a research report on Friday, February 16th. Three analysts have rated the stock with a sell rating, five have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $143.33.

Digital Realty Trust Stock Performance

Digital Realty Trust stock traded up $1.29 during mid-day trading on Thursday, reaching $139.28. The company had a trading volume of 457,960 shares, compared to its average volume of 1,936,381. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.92. The firm has a market cap of $43.51 billion, a price-to-earnings ratio of 46.46, a PEG ratio of 3.15 and a beta of 0.55. The company has a 50 day moving average of $142.05 and a 200-day moving average of $137.13. Digital Realty Trust, Inc. has a 52 week low of $86.33 and a 52 week high of $154.18.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a $1.22 dividend. The ex-dividend date was Thursday, March 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.50%. Digital Realty Trust’s dividend payout ratio is currently 164.31%.

Insider Activity

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 3,400 shares of Digital Realty Trust stock in a transaction that occurred 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 of the company’s stock, valued at $1,224,091.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.39% of the stock is owned by company insiders.

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.