Dynamic Advisor Solutions LLC Grows Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Dynamic Advisor Solutions LLC raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,878 shares of the real estate investment trust’s stock after acquiring an additional 320 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Digital Realty Trust were worth $5,968,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in DLR. Massachusetts Financial Services Co. MA lifted its holdings in Digital Realty Trust by 543.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust’s stock worth $220,068,000 after purchasing an additional 1,773,591 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Digital Realty Trust by 2.0% during the first 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 buying an additional 951,567 shares during the period. Wulff Hansen & CO. lifted its holdings in shares of Digital Realty Trust by 15,105.0% in the second quarter. Wulff Hansen & CO. now owns 795,830 shares of the real estate investment trust’s stock worth $121,006,000 after buying an additional 790,596 shares in the last quarter. Electron Capital Partners LLC grew its stake in Digital Realty Trust by 220.7% during the second quarter. Electron Capital Partners LLC now owns 1,041,594 shares of the real estate investment trust’s stock valued at $158,374,000 after acquiring an additional 716,816 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its holdings in Digital Realty Trust by 16.8% during the 2nd quarter. Daiwa Securities Group Inc. now owns 4,725,971 shares of the real estate investment trust’s stock worth $718,584,000 after acquiring an additional 678,165 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of DLR stock opened at $158.28 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.78. Digital Realty Trust, Inc. has a fifty-two week low of $113.94 and a fifty-two week high of $165.17. The firm has a market cap of $49.45 billion, a P/E ratio of 43.97, a P/E/G ratio of 5.14 and a beta of 0.60. The business’s 50 day moving average price is $153.56 and its 200-day moving average price is $148.55.

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 for the quarter, missing the consensus estimate 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 company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter last year, the firm earned $1.68 EPS. The business’s revenue was down .7% on a year-over-year basis. On average, equities research analysts anticipate that Digital Realty Trust, Inc. will post 6.65 earnings per share 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 dividend of $1.22 per share. The ex-dividend date was Friday, September 13th. This represents a $4.88 annualized dividend and a yield of 3.08%. Digital Realty Trust’s payout ratio is 135.56%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Hsbc Global Res raised shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a report on Friday, October 4th. Barclays raised their price target on Digital Realty Trust from $123.00 to $130.00 and gave the company an “underweight” rating in a research report on Wednesday, July 24th. Wells Fargo & Company increased their price objective on Digital Realty Trust from $155.00 to $170.00 and gave the company an “overweight” rating in a research report on Tuesday, July 23rd. Argus lowered Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, HSBC raised shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and lifted their price target for the stock from $124.00 to $160.00 in a research note on Friday, October 4th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $156.61.

Insiders Place Their Bets

In other news, Director Jean F. H. P. Mandeville sold 600 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director now owns 9,055 shares in the company, valued at $1,360,604.30. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.17% of the company’s stock.

About Digital Realty Trust

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.