Kintegral Advisory LLC Reduces Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Kintegral Advisory LLC trimmed its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 6.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,873 shares of the real estate investment trust’s stock after selling 464 shares during the period. Kintegral Advisory LLC’s holdings in Digital Realty Trust were worth $1,045,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Digital Realty Trust by 2.0% in the first quarter. Vanguard Group Inc. now owns 48,503,593 shares of the real estate investment trust’s stock worth $6,986,458,000 after purchasing an additional 951,567 shares during the period. Norges Bank bought a new stake in shares of Digital Realty Trust during the 4th quarter valued at about $2,141,890,000. Principal Financial Group Inc. grew its holdings in shares of Digital Realty Trust by 1.7% during the fourth 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. Canada Pension Plan Investment Board increased its position in shares of Digital Realty Trust by 4.0% in the first quarter. Canada Pension Plan Investment Board now owns 4,680,249 shares of the real estate investment trust’s stock worth $674,143,000 after purchasing an additional 182,100 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Digital Realty Trust by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,236,434 shares of the real estate investment trust’s stock valued at $435,559,000 after purchasing an additional 85,262 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Insider Transactions at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 600 shares of Digital Realty Trust stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $150.26, for a total transaction of $90,156.00. Following the completion of the transaction, the director now directly owns 9,055 shares of the company’s stock, valued at approximately $1,360,604.30. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Down 0.3 %

Shares of NYSE DLR opened at $150.11 on Thursday. The firm has a fifty day simple moving average of $151.10 and a two-hundred day simple moving average of $145.81. Digital Realty Trust, Inc. has a 12 month low of $113.94 and a 12 month high of $162.58. The company has a current ratio of 1.78, a quick ratio of 1.29 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $46.90 billion, a PE ratio of 41.70, a price-to-earnings-growth ratio of 10.97 and a beta of 0.59.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.63 by ($1.43). The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.38 billion. Digital Realty Trust had a return on equity of 5.93% and a net margin of 20.58%. Digital Realty Trust’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the previous year, the company earned $1.68 earnings per share. Equities analysts expect that Digital Realty Trust, Inc. will post 6.67 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date of this dividend is Friday, September 13th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 135.56%.

Analyst Ratings Changes

A number of brokerages have recently commented on DLR. BMO Capital Markets raised shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $144.00 to $170.00 in a report on Wednesday, June 26th. The Goldman Sachs Group started coverage on Digital Realty Trust in a research report on Monday, July 1st. They set a “buy” rating and a $175.00 price target on the stock. TD Cowen cut their price objective on Digital Realty Trust from $122.00 to $120.00 and set a “hold” rating for the company in a report on Friday, July 26th. Barclays raised their price objective on Digital Realty Trust from $123.00 to $130.00 and gave the company an “underweight” rating in a report on Wednesday, July 24th. Finally, UBS Group upped their target price on Digital Realty Trust from $143.00 to $147.00 and gave the stock a “neutral” rating in a research note on Friday, May 3rd. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Hold” and an average price target of $154.00.

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.