Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Wright Investors Service Inc.

Wright Investors Service Inc. boosted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 105.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,965 shares of the real estate investment trust’s stock after purchasing an additional 5,620 shares during the period. Wright Investors Service Inc.’s holdings in Digital Realty Trust were worth $1,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC lifted its position in Digital Realty Trust by 8,952.9% during the third quarter. Harbor Investment Advisory LLC now owns 10,773 shares of the real estate investment trust’s stock valued at $1,743,000 after purchasing an additional 10,654 shares during the period. Canandaigua National Bank & Trust Co. lifted its position in Digital Realty Trust by 4.0% during the third quarter. Canandaigua National Bank & Trust Co. now owns 27,418 shares of the real estate investment trust’s stock valued at $4,437,000 after purchasing an additional 1,055 shares during the period. SG Americas Securities LLC lifted its position in Digital Realty Trust by 6.2% during the third quarter. SG Americas Securities LLC now owns 183,179 shares of the real estate investment trust’s stock valued at $29,644,000 after purchasing an additional 10,687 shares during the period. Czech National Bank lifted its position in Digital Realty Trust by 1.4% during the third quarter. Czech National Bank now owns 62,695 shares of the real estate investment trust’s stock valued at $10,146,000 after purchasing an additional 859 shares during the period. Finally, Centaurus Financial Inc. acquired a new position in Digital Realty Trust during the second quarter valued at $220,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 600 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $150.26, for a total value of $90,156.00. Following the sale, the director now directly owns 9,055 shares of the company’s stock, valued at approximately $1,360,604.30. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Down 0.2 %

Digital Realty Trust stock traded down $0.30 during mid-day trading on Friday, reaching $157.00. 1,120,926 shares of the company’s stock were exchanged, compared to its average volume of 1,845,592. The company has a market cap of $49.05 billion, a P/E ratio of 43.61, a P/E/G ratio of 5.14 and a beta of 0.60. Digital Realty Trust, Inc. has a twelve month low of $113.94 and a twelve month high of $165.17. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.81. The company has a fifty day moving average of $153.38 and a 200-day moving average of $148.38.

Digital Realty Trust (NYSE:DLR) last released its 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 business had revenue of $1.36 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the company earned $1.68 earnings per share. Sell-side analysts expect that Digital Realty Trust, Inc. will post 6.65 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date of this dividend was Friday, September 13th. Digital Realty Trust’s dividend payout ratio is presently 135.56%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Stifel Nicolaus lifted their price objective on shares of Digital Realty Trust from $165.00 to $175.00 and gave the company a “buy” rating in a report on Friday, July 12th. Hsbc Global Res raised shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a report on Friday. TD Cowen cut their price objective on shares of Digital Realty Trust from $122.00 to $120.00 and set a “hold” rating for the company in a report on Friday, July 26th. Wells Fargo & Company lifted their price objective on shares of Digital Realty Trust from $155.00 to $170.00 and gave the company an “overweight” rating in a report on Tuesday, July 23rd. Finally, Argus cut shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $156.61.

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.