Sanctuary Advisors LLC Purchases Shares of 46,421 Digital Realty Trust, Inc. (NYSE:DLR)

Sanctuary Advisors LLC acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 46,421 shares of the real estate investment trust’s stock, valued at approximately $6,630,000.

Several other large investors have also bought and sold shares of DLR. Meeder Asset Management Inc. acquired a new stake in Digital Realty Trust in the 2nd quarter valued at about $25,000. American Capital Advisory LLC acquired a new stake in Digital Realty Trust during the second quarter valued at approximately $27,000. Private Ocean LLC bought a new stake in Digital Realty Trust during the second quarter worth approximately $27,000. Gradient Investments LLC grew its position in Digital Realty Trust by 75.2% in the second quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 76 shares during the last quarter. Finally, Rise Advisors LLC grew its position in Digital Realty Trust by 1,125.0% in 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. Institutional investors own 99.71% of the company’s stock.

Insider Activity

In related news, Director Jean F. H. P. Mandeville sold 600 shares of the company’s stock in a transaction 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 completion of the sale, the director now directly owns 9,055 shares in the company, valued at approximately $1,360,604.30. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.17% of the stock is owned by insiders.

Digital Realty Trust Price Performance

DLR opened at $157.00 on Friday. 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 1 year low of $113.94 and a 1 year high of $165.17. The stock has a fifty day moving average price of $153.38 and a 200 day moving average price of $148.33. The stock has a market cap of $49.05 billion, a price-to-earnings ratio of 43.61, a PEG ratio of 5.14 and a beta of 0.60.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 earnings per share (EPS) 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 firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the firm earned $1.68 earnings per share. The firm’s quarterly revenue was down .7% compared to the same quarter last year. Analysts forecast that Digital Realty Trust, Inc. will post 6.65 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $4.88 annualized dividend and a dividend yield of 3.11%. Digital Realty Trust’s dividend payout ratio (DPR) is 135.56%.

Analyst Upgrades and Downgrades

DLR has been the subject of several research reports. The Goldman Sachs Group initiated coverage on Digital Realty Trust in a research note on Monday, July 1st. They set a “buy” rating and a $175.00 price objective for the company. Mizuho assumed coverage on Digital Realty Trust in a research report on Thursday, July 11th. They issued an “outperform” rating and a $170.00 price target for the company. JPMorgan Chase & Co. boosted their price objective on Digital Realty Trust from $175.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday. TD Cowen reduced 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 research note on Friday, July 26th. Finally, HSBC raised shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and lifted their target price for the stock from $124.00 to $160.00 in a research report on Friday. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $156.61.

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.