Benjamin Edwards Inc. Has $52,000 Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Benjamin Edwards Inc. grew its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 45.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 340 shares of the real estate investment trust’s stock after acquiring an additional 107 shares during the quarter. Benjamin Edwards Inc.’s holdings in Digital Realty Trust were worth $52,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in DLR. Massachusetts Financial Services Co. MA grew its position in Digital Realty Trust by 543.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust’s stock valued at $220,068,000 after purchasing an additional 1,773,591 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Digital Realty Trust by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 48,503,593 shares of the real estate investment trust’s stock valued at $6,986,458,000 after acquiring an additional 951,567 shares in the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $107,372,000. Wulff Hansen & CO. raised its holdings in Digital Realty Trust by 15,105.0% during the second quarter. Wulff Hansen & CO. now owns 795,830 shares of the real estate investment trust’s stock worth $121,006,000 after acquiring an additional 790,596 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its position in Digital Realty Trust by 16.8% during the second quarter. Daiwa Securities Group Inc. now owns 4,725,971 shares of the real estate investment trust’s stock valued at $718,584,000 after purchasing an additional 678,165 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Royal Bank of Canada boosted their price target on Digital Realty Trust from $144.00 to $160.00 and gave the stock an “outperform” rating in a research report on Monday, June 3rd. Stifel Nicolaus upped their price target on shares of Digital Realty Trust from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, July 12th. JPMorgan Chase & Co. upgraded shares of Digital Realty Trust from a “neutral” rating to an “overweight” rating and increased their price target for the company from $150.00 to $175.00 in a research note on Friday, June 28th. Barclays boosted their price objective on shares of Digital Realty Trust from $123.00 to $130.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 24th. Finally, TD Cowen cut their target price on shares of Digital Realty Trust from $122.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, July 26th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $154.00.

Digital Realty Trust Stock Down 0.1 %

DLR opened at $158.70 on Monday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.78. The stock has a fifty day moving average of $152.15 and a 200-day moving average of $147.30. Digital Realty Trust, Inc. has a fifty-two week low of $113.94 and a fifty-two week high of $162.58. The company has a market capitalization of $49.58 billion, a P/E ratio of 44.08, a P/E/G ratio of 5.06 and a beta of 0.60.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data 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). Digital Realty Trust had a net margin of 20.58% and a return on equity of 5.93%. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the prior year, the firm earned $1.68 EPS. The business’s revenue for the quarter was down .7% on a year-over-year basis. On average, equities analysts expect that Digital Realty Trust, Inc. will post 6.65 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a dividend of $1.22 per share. The ex-dividend date is Friday, September 13th. This represents a $4.88 dividend on an annualized basis and a yield of 3.07%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 135.56%.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 600 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $150.26, for a total value of $90,156.00. Following the transaction, the director now owns 9,055 shares in the company, valued at $1,360,604.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.17% of the company’s stock.

Digital Realty Trust Company 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.