Janney Montgomery Scott LLC Acquires 1,113 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Janney Montgomery Scott LLC grew its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,871 shares of the real estate investment trust’s stock after buying an additional 1,113 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Digital Realty Trust were worth $4,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Digital Realty Trust by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 47,552,026 shares of the real estate investment trust’s stock worth $6,399,552,000 after purchasing an additional 161,178 shares in the last quarter. Norges Bank purchased a new stake in shares of Digital Realty Trust in the 4th quarter worth $2,141,890,000. Principal Financial Group Inc. increased its stake in shares of Digital Realty Trust by 1.7% in the 4th quarter. Principal Financial Group Inc. now owns 5,829,206 shares of the real estate investment trust’s stock worth $784,495,000 after purchasing an additional 97,509 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Digital Realty Trust by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,236,434 shares of the real estate investment trust’s stock worth $435,559,000 after purchasing an additional 85,262 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Digital Realty Trust by 13.6% in the 4th quarter. Russell Investments Group Ltd. now owns 2,118,834 shares of the real estate investment trust’s stock worth $285,513,000 after buying an additional 253,755 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $155.69 on Thursday. The company has a 50 day moving average price of $146.75 and a 200-day moving average price of $142.74. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.29 and a current ratio of 1.29. Digital Realty Trust, Inc. has a fifty-two week low of $113.94 and a fifty-two week high of $155.78. The company has a market capitalization of $48.64 billion, a PE ratio of 43.25, a P/E/G ratio of 20.20 and a beta of 0.59.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.13%. The ex-dividend date was Friday, June 14th. Digital Realty Trust’s dividend payout ratio is presently 135.56%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on DLR shares. Truist Financial increased their price target on Digital Realty Trust from $145.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. Morgan Stanley increased their price objective on shares of Digital Realty Trust from $100.00 to $108.00 and gave the company an “equal weight” rating in a report on Tuesday, April 2nd. Barclays increased their price objective on shares of Digital Realty Trust from $119.00 to $123.00 and gave the company an “underweight” rating in a report on Thursday, May 30th. JPMorgan Chase & Co. raised shares of Digital Realty Trust from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $150.00 to $175.00 in a report on Friday, June 28th. Finally, UBS Group lifted their price target on Digital Realty Trust from $143.00 to $147.00 and gave the stock a “neutral” rating in a research report on Friday, May 3rd. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $149.42.

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.