Vise Technologies Inc. Purchases Shares of 5,534 Digital Realty Trust, Inc. $DLR

Vise Technologies Inc. bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,534 shares of the real estate investment trust’s stock, valued at approximately $965,000.

A number of other institutional investors have also recently bought and sold shares of the business. Bison Wealth LLC boosted its position in shares of Digital Realty Trust by 17.2% during the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after acquiring an additional 390 shares in the last quarter. Alps Advisors Inc. lifted its stake in Digital Realty Trust by 8.6% during the first quarter. Alps Advisors Inc. now owns 1,812 shares of the real estate investment trust’s stock worth $260,000 after purchasing an additional 144 shares during the period. Apollon Wealth Management LLC boosted its holdings in Digital Realty Trust by 8.4% during the first quarter. Apollon Wealth Management LLC now owns 10,009 shares of the real estate investment trust’s stock valued at $1,434,000 after purchasing an additional 774 shares in the last quarter. Dakota Wealth Management bought a new stake in shares of Digital Realty Trust in the 1st quarter valued at approximately $911,000. Finally, Whittier Trust Co. raised its holdings in shares of Digital Realty Trust by 9.4% in the 1st quarter. Whittier Trust Co. now owns 3,871 shares of the real estate investment trust’s stock worth $555,000 after buying an additional 334 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 3.5%

Shares of DLR opened at $158.10 on Friday. The business’s fifty day moving average price is $171.54 and its two-hundred day moving average price is $171.06. The firm has a market capitalization of $54.31 billion, a price-to-earnings ratio of 40.85, a PEG ratio of 4.13 and a beta of 0.96. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.22 and a current ratio of 2.02.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $1.58 billion for the quarter. Digital Realty Trust had a return on equity of 6.41% and a net margin of 23.67%. On average, analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Monday, December 15th will be given a dividend of $1.22 per share. The ex-dividend date is Monday, December 15th. This represents a $4.88 annualized dividend and a dividend yield of 3.1%. Digital Realty Trust’s payout ratio is currently 126.10%.

Analysts Set New Price Targets

A number of analysts have weighed in on DLR shares. Wall Street Zen cut Digital Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Saturday, November 8th. Stifel Nicolaus set a $210.00 target price on shares of Digital Realty Trust in a research note on Friday, October 24th. Wells Fargo & Company increased their target price on shares of Digital Realty Trust from $185.00 to $195.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Daiwa Capital Markets assumed coverage on shares of Digital Realty Trust in a research report on Wednesday, October 22nd. They issued a “buy” rating and a $210.00 price target on the stock. Finally, Morgan Stanley assumed coverage on shares of Digital Realty Trust in a research note on Thursday, October 16th. They set an “equal weight” rating and a $195.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $198.14.

Insider Buying and Selling at Digital Realty Trust

In related news, CEO Andrew Power sold 53,269 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $175.16, for a total value of $9,330,598.04. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.13% of the stock is currently owned by company 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.