Silver Lake Advisory LLC Has $5.94 Million Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Silver Lake Advisory LLC lowered its position in Digital Realty Trust, Inc. (NYSE:DLR) by 34.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,500 shares of the real estate investment trust’s stock after selling 17,397 shares during the period. Digital Realty Trust accounts for about 2.6% of Silver Lake Advisory LLC’s investment portfolio, making the stock its 9th largest holding. Silver Lake Advisory LLC’s holdings in Digital Realty Trust were worth $5,941,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Daiwa Securities Group Inc. increased its position in shares of Digital Realty Trust by 2.5% during the third quarter. Daiwa Securities Group Inc. now owns 4,843,432 shares of the real estate investment trust’s stock valued at $783,812,000 after acquiring an additional 117,461 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Digital Realty Trust by 2.8% in the 2nd quarter. Legal & General Group Plc now owns 4,730,168 shares of the real estate investment trust’s stock worth $719,222,000 after purchasing an additional 129,799 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Digital Realty Trust by 501.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock worth $700,224,000 after purchasing an additional 3,607,802 shares during the last quarter. abrdn plc lifted its holdings in shares of Digital Realty Trust by 17.3% during the third quarter. abrdn plc now owns 1,955,741 shares of the real estate investment trust’s stock valued at $315,999,000 after purchasing an additional 288,772 shares in the last quarter. Finally, Pathway Financial Advisers LLC boosted its position in shares of Digital Realty Trust by 15,301.1% during the third quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust’s stock valued at $299,433,000 after buying an additional 1,838,278 shares during the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction on Thursday, December 12th. The shares were 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 through this hyperlink. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Trading Up 0.6 %

Digital Realty Trust stock opened at $183.45 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. The firm’s 50 day moving average price is $183.25 and its 200-day moving average price is $167.42. Digital Realty Trust, Inc. has a 1 year low of $131.42 and a 1 year high of $198.00. The stock has a market cap of $60.85 billion, a P/E ratio of 154.16, a PEG ratio of 4.64 and a beta of 0.64.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.58). The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.62 EPS. On average, equities analysts predict that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

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 issued 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 2.66%. Digital Realty Trust’s dividend payout ratio (DPR) is 410.08%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Jefferies Financial Group lifted their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Stifel Nicolaus raised their target price on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Scotiabank upped their price target on shares of Digital Realty Trust from $178.00 to $208.00 and gave the company a “sector perform” rating in a research report on Thursday. Finally, Barclays raised their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a report on Monday, November 18th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $178.89.

Digital Realty Trust 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.