Mutual of America Capital Management LLC Has $6.66 Million Position in Digital Realty Trust, Inc. (NYSE:DLR)

Mutual of America Capital Management LLC boosted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,796 shares of the real estate investment trust’s stock after buying an additional 1,217 shares during the period. Mutual of America Capital Management LLC’s holdings in Digital Realty Trust were worth $6,659,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Meeder Asset Management Inc. purchased a new position in shares of Digital Realty Trust during the second quarter valued at approximately $25,000. American Capital Advisory LLC purchased a new position in Digital Realty Trust during the 2nd quarter worth $27,000. Private Ocean LLC bought a new stake in Digital Realty Trust in the 2nd quarter worth about $27,000. Gradient Investments LLC grew its stake in Digital Realty Trust by 75.2% in the 2nd quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 76 shares during the period. Finally, Rise Advisors LLC increased its holdings in Digital Realty Trust by 1,125.0% during the first quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 180 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 600 shares of the stock in a transaction dated Thursday, August 1st. The shares were 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 directly owns 9,055 shares in the company, valued at approximately $1,360,604.30. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.17% of the company’s stock.

Digital Realty Trust Trading Up 0.4 %

NYSE:DLR opened at $158.90 on Friday. The company has a 50-day moving average price of $152.14 and a 200-day moving average price of $147.31. The stock has a market cap of $49.64 billion, a price-to-earnings ratio of 44.14, a P/E/G ratio of 5.06 and a beta of 0.60. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 12 month low of $113.94 and a 12 month high of $162.58.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $1.63 by ($1.43). Digital Realty Trust had a return on equity of 5.93% and a net margin of 20.58%. The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter last year, the business earned $1.68 earnings per share. The business’s quarterly revenue was down .7% on a year-over-year basis. Equities analysts predict that Digital Realty Trust, Inc. will post 6.65 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be issued a $1.22 dividend. 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 135.56%.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft raised their target price on Digital Realty Trust from $143.00 to $145.00 and gave the stock a “hold” rating in a research report on Thursday, May 30th. BMO Capital Markets raised shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $144.00 to $170.00 in a report on Wednesday, June 26th. Royal Bank of Canada raised their target price on shares of Digital Realty Trust from $144.00 to $160.00 and gave the company an “outperform” rating in a research note on Monday, June 3rd. Stifel Nicolaus raised their price target on Digital Realty Trust from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, July 12th. Finally, Argus downgraded Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Three equities 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 given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $154.00.

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.