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Thursday, January 26, 2023

Texas Capital Bank Wealth Management Services Inc. Boosts Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Texas Capital Bank Wealth Management Services Inc. boosted its stake in Digital Realty Trust, Inc. (NYSE:DLRGet Rating) by 12.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 89,120 shares of the real estate investment trust’s stock after buying an additional 9,919 shares during the period. Digital Realty Trust accounts for approximately 1.1% of Texas Capital Bank Wealth Management Services Inc.’s portfolio, making the stock its 25th largest position. Texas Capital Bank Wealth Management Services Inc.’s holdings in Digital Realty Trust were worth $8,839,000 at the end of the most recent reporting period.

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Several other institutional investors and hedge funds have also bought and sold shares of the stock. Jones Financial Companies Lllp lifted its holdings in Digital Realty Trust by 5.4% in the second quarter. Jones Financial Companies Lllp now owns 1,534 shares of the real estate investment trust’s stock worth $199,000 after buying an additional 79 shares during the period. EP Wealth Advisors LLC lifted its holdings in shares of Digital Realty Trust by 2.8% during the second quarter. EP Wealth Advisors LLC now owns 3,031 shares of the real estate investment trust’s stock valued at $394,000 after purchasing an additional 82 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Digital Realty Trust by 36.0% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 340 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 90 shares during the last quarter. Carolinas Wealth Consulting LLC lifted its holdings in shares of Digital Realty Trust by 19.8% during the first quarter. Carolinas Wealth Consulting LLC now owns 545 shares of the real estate investment trust’s stock valued at $77,000 after purchasing an additional 90 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators lifted its holdings in shares of Digital Realty Trust by 7.6% during the second quarter. Deseret Mutual Benefit Administrators now owns 1,365 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 96 shares during the last quarter. 95.00% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Performance

Shares of DLR stock traded down $0.55 on Friday, reaching $104.41. The stock had a trading volume of 6,533 shares, compared to its average volume of 1,953,392. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.64 and a current ratio of 0.64. Digital Realty Trust, Inc. has a 1 year low of $85.76 and a 1 year high of $158.00. The stock has a market cap of $30.02 billion, a P/E ratio of 21.55, a price-to-earnings-growth ratio of 2.26 and a beta of 0.48. The company has a 50 day simple moving average of $105.76 and a 200 day simple moving average of $111.53.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 13th. Shareholders of record on Thursday, December 15th were given a $1.22 dividend. The ex-dividend date was Wednesday, December 14th. This represents a $4.88 annualized dividend and a yield of 4.67%. Digital Realty Trust’s payout ratio is 100.21%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. StockNews.com assumed coverage on shares of Digital Realty Trust in a report on Wednesday, October 12th. They set a “sell” rating for the company. Raymond James cut their price objective on shares of Digital Realty Trust from $182.00 to $165.00 and set a “strong-buy” rating on the stock in a research report on Tuesday, October 11th. Royal Bank of Canada reduced their price objective on shares of Digital Realty Trust from $151.00 to $122.00 and set an “outperform” rating for the company in a research note on Thursday, October 6th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Digital Realty Trust from $110.00 to $115.00 in a research note on Friday, December 16th. Finally, Barclays reduced their price target on shares of Digital Realty Trust from $88.00 to $81.00 and set an “underweight” rating for the company in a research report on Monday, December 19th. Three analysts have rated the stock with a sell rating, five have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Digital Realty Trust currently has an average rating of “Hold” and a consensus price target of $131.73.

Insider Buying and Selling at Digital Realty Trust

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In other news, Director Jean F. H. P. Mandeville sold 1,000 shares of the stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $111.01, for a total value of $111,010.00. Following the transaction, the director now owns 11,676 shares in the company, valued at approximately $1,296,152.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.41% of the company’s stock.

Digital Realty Trust Company Profile

(Get Rating)

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.

Further Reading

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Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Digital Realty Trust, Inc. (NYSE:DLRGet Rating).

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Before you consider Digital Realty Trust, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Digital Realty Trust wasn’t on the list.

While Digital Realty Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Stocks to Own in 2023 Cover



story by The Texas Tribune Source link

Texas Capital Bank Wealth Management Services Inc. boosted its stake in Digital Realty Trust, Inc. (NYSE:DLRGet Rating) by 12.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 89,120 shares of the real estate investment trust’s stock after buying an additional 9,919 shares during the period. Digital Realty Trust accounts for approximately 1.1% of Texas Capital Bank Wealth Management Services Inc.’s portfolio, making the stock its 25th largest position. Texas Capital Bank Wealth Management Services Inc.’s holdings in Digital Realty Trust were worth $8,839,000 at the end of the most recent reporting period.

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Several other institutional investors and hedge funds have also bought and sold shares of the stock. Jones Financial Companies Lllp lifted its holdings in Digital Realty Trust by 5.4% in the second quarter. Jones Financial Companies Lllp now owns 1,534 shares of the real estate investment trust’s stock worth $199,000 after buying an additional 79 shares during the period. EP Wealth Advisors LLC lifted its holdings in shares of Digital Realty Trust by 2.8% during the second quarter. EP Wealth Advisors LLC now owns 3,031 shares of the real estate investment trust’s stock valued at $394,000 after purchasing an additional 82 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Digital Realty Trust by 36.0% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 340 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 90 shares during the last quarter. Carolinas Wealth Consulting LLC lifted its holdings in shares of Digital Realty Trust by 19.8% during the first quarter. Carolinas Wealth Consulting LLC now owns 545 shares of the real estate investment trust’s stock valued at $77,000 after purchasing an additional 90 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators lifted its holdings in shares of Digital Realty Trust by 7.6% during the second quarter. Deseret Mutual Benefit Administrators now owns 1,365 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 96 shares during the last quarter. 95.00% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Performance

Shares of DLR stock traded down $0.55 on Friday, reaching $104.41. The stock had a trading volume of 6,533 shares, compared to its average volume of 1,953,392. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.64 and a current ratio of 0.64. Digital Realty Trust, Inc. has a 1 year low of $85.76 and a 1 year high of $158.00. The stock has a market cap of $30.02 billion, a P/E ratio of 21.55, a price-to-earnings-growth ratio of 2.26 and a beta of 0.48. The company has a 50 day simple moving average of $105.76 and a 200 day simple moving average of $111.53.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 13th. Shareholders of record on Thursday, December 15th were given a $1.22 dividend. The ex-dividend date was Wednesday, December 14th. This represents a $4.88 annualized dividend and a yield of 4.67%. Digital Realty Trust’s payout ratio is 100.21%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. StockNews.com assumed coverage on shares of Digital Realty Trust in a report on Wednesday, October 12th. They set a “sell” rating for the company. Raymond James cut their price objective on shares of Digital Realty Trust from $182.00 to $165.00 and set a “strong-buy” rating on the stock in a research report on Tuesday, October 11th. Royal Bank of Canada reduced their price objective on shares of Digital Realty Trust from $151.00 to $122.00 and set an “outperform” rating for the company in a research note on Thursday, October 6th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Digital Realty Trust from $110.00 to $115.00 in a research note on Friday, December 16th. Finally, Barclays reduced their price target on shares of Digital Realty Trust from $88.00 to $81.00 and set an “underweight” rating for the company in a research report on Monday, December 19th. Three analysts have rated the stock with a sell rating, five have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Digital Realty Trust currently has an average rating of “Hold” and a consensus price target of $131.73.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Jean F. H. P. Mandeville sold 1,000 shares of the stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $111.01, for a total value of $111,010.00. Following the transaction, the director now owns 11,676 shares in the company, valued at approximately $1,296,152.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.41% of the company’s stock.

Digital Realty Trust Company Profile

(Get Rating)

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.

Further Reading

Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Digital Realty Trust, Inc. (NYSE:DLRGet Rating).

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Before you consider Digital Realty Trust, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Digital Realty Trust wasn’t on the list.

While Digital Realty Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Stocks to Own in 2023 Cover



story by The Texas Tribune Source link

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