AE Wealth Management LLC Raises Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

AE Wealth Management LLC grew its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,321 shares of the real estate investment trust’s stock after acquiring an additional 562 shares during the quarter. AE Wealth Management LLC’s holdings in Digital Realty Trust were worth $2,025,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Public Employees Retirement System of Ohio grew its position in Digital Realty Trust by 1.6% in the 4th quarter. Public Employees Retirement System of Ohio now owns 587,561 shares of the real estate investment trust’s stock worth $79,074,000 after purchasing an additional 9,158 shares during the period. Bessemer Group Inc. increased its position in Digital Realty Trust by 102.1% during the first quarter. Bessemer Group Inc. now owns 19,528 shares of the real estate investment trust’s stock valued at $2,813,000 after acquiring an additional 9,865 shares during the last quarter. Treasurer of the State of North Carolina lifted its holdings in Digital Realty Trust by 2.1% in the fourth quarter. Treasurer of the State of North Carolina now owns 137,892 shares of the real estate investment trust’s stock valued at $18,558,000 after acquiring an additional 2,840 shares during the period. Cetera Investment Advisers boosted its position in Digital Realty Trust by 295.5% in the first quarter. Cetera Investment Advisers now owns 31,665 shares of the real estate investment trust’s stock worth $4,561,000 after purchasing an additional 23,659 shares during the last quarter. Finally, Pinebridge Investments L.P. bought a new stake in shares of Digital Realty Trust during the 4th quarter valued at about $3,167,000. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Trading Up 1.4 %

NYSE DLR opened at $160.87 on Tuesday. The company’s 50-day simple moving average is $152.18 and its two-hundred day simple moving average is $147.37. Digital Realty Trust, Inc. has a one year low of $113.94 and a one year high of $162.58. The company has a market capitalization of $50.26 billion, a price-to-earnings ratio of 44.69, a price-to-earnings-growth ratio of 5.06 and a beta of 0.60. 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 (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 analysts’ consensus estimates of $1.63 by ($1.43). The business 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%. The business’s quarterly revenue was down .7% on a year-over-year basis. During the same period last year, the firm earned $1.68 EPS. Equities analysts forecast that Digital Realty Trust, Inc. will post 6.65 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $4.88 annualized dividend and a yield of 3.03%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 135.56%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on DLR shares. TD Cowen dropped their price objective on shares of Digital Realty Trust from $122.00 to $120.00 and set a “hold” rating on the stock in a report on Friday, July 26th. Barclays boosted their price objective on shares of Digital Realty Trust from $123.00 to $130.00 and gave the company an “underweight” rating in a research report on Wednesday, July 24th. JPMorgan Chase & Co. raised Digital Realty Trust from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $150.00 to $175.00 in a report on Friday, June 28th. Stifel Nicolaus upped their price target on Digital Realty Trust from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, July 12th. Finally, Wells Fargo & Company lifted 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. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $154.00.

Insiders Place Their Bets

In other news, Director Jean F. H. P. Mandeville sold 600 shares of the firm’s 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 sale, the director now directly owns 9,055 shares in the company, valued at approximately $1,360,604.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.17% of the stock is currently owned by corporate insiders.

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.