Inc. are sold by Jean F. H. P. Mandeville.
On Tuesday, March 12th, 3,400 shares of stock where Inc. are sold by Jean F. H. P. Mandeville, a director of Digital Realty Trust, Inc. $494,700.00 was transacted overall when the shares were sold, with an average price of $145.50. The member of the board currently has 8,413 shares of the company’s stock, valued at $1,224,091.50, directly after the transaction. A document submitted to the SEC revealed the deal.
Statistics of Digital Realty Trust Stock
On Friday, shares of Digital Realty Trust began trading at $142.86. With a market valuation of $44.61 billion, the company has a 48.10 P/E ratio, a 3.30 P/E/G ratio, and a beta of 0.54. The firm’s debt-to-equity ratio is 0.92, its quick ratio is 1.14, and its current ratio is 1.14. With a 12-month low of $86.33 and a 12-month high of $154.18, Digital Realty Trust, Inc. The price of the company is $141.70 on its 50-day moving average and $133.43 on its 200-day is a average of movement.
Announcing of Digital Realty Trust Dividend
Additionally, the business announced that it will pay a quarterly dividend on Thursday, March 28. The dividend for stockholders of record on Friday, March 15th will be $1.22 per share. Thursday, March 14th, is the ex-dividend date. This amounts to a 3.42% dividend yield and an annualised dividend of $4.88. At present, Digital Realty Trust has a dividend payout ratio of 164.31%.
Upgrades and Downgrades by Analysts
Several brokerages have released DLR reports. Stifel Nicolaus increased their price target for Digital Realty Trust shares from $155.00 to $160.00 and gave the company a “buy” rating in a report that was made public on Friday, February 16. In a research released on Friday, February 16th, Raymond James increased their target price for Digital Realty Trust shares from $140.00 to $170.00 and rated the company as a “strong-buy.” In a report on Friday, February 16th, Scotiabank reduced its rating for shares of Digital Realty Trust from “sector outperform” to “sector perform,” establishing a $157.00 target price for the business.
In a report released on Thursday, February 29th, Citigroup upgraded its target price for Digital Realty Trust shares from $154.00 to $160.00 and assigned the company a “buy” rating. In research released on Tuesday, February 20, JPMorgan Chase & Co. upgraded their target price for Digital Realty Trust shares from $125.00 to $140.00 and rated the business as “neutral.” The stock has received ratings of sell from three analysts, hold ratings from seven, buy ratings from five, and strong buy ratings from one. Digital Realty Trust has an average price target of $136.53 and an average recommendation of “Hold,” per Market Beat.
Investors in Hedge Funds Examine Digital Realty Trust
Recently, institutional investors have adjusted their stakes in the business. During the fourth quarter, Baldwin Brothers LLC MA raised its ownership of Digital Realty Trust shares by 528.6%. Baldwin Brothers LLC MA purchased an additional 185 shares of the real estate investment trust during the period, bringing its total ownership of the shares to 220, valued at $30,000. Approximately $27,000 was invested by Operose Advisors LLC in a new stake in Digital Realty Trust during the third quarter. Approximately $31,000 was invested by Bfsg LLC in a new stake in Digital Realty Trust during the fourth quarter. During the fourth quarter, Turtle Creek Wealth Advisors LLC acquired a new position in Digital Realty Trust for approximately $32,000.
Lastly, in the fourth quarter, Tennessee Valley Asset Management Partners made a $32,000 acquisition of a new stake in Digital Realty Trust. The stock of the company is owned by institutional investors and hedge funds to the tune of 99.71%.
Overview of Digital Realty Trust Company
Through the provision of a comprehensive range of data Centre, colocation, and connectivity solutions, Digital Realty connects businesses with data. The company’s global data Centre platform, Platform DIGITAL, offers clients a safe space for exchanging data as well as an established Pervasive Datacenter Architecture (PDx) solution approach that fosters creativity and effectively handles Data Gravity problems.
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