Duff & Phelps Investment Management Co. raised its stake in shares of Digital Realty Trust Inc. (NYSE:DLR) by 20.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 999,604 shares of the real estate investment trust’s stock after buying an additional 166,304 shares during the period. Digital Realty Trust makes up 1.4% of Duff & Phelps Investment Management Co.’s holdings, making the stock its 14th largest position. Duff & Phelps Investment Management Co. owned 0.68% of Digital Realty Trust worth $97,081,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in DLR. Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of Digital Realty Trust by 63.1% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 16,027 shares of the real estate investment trust’s stock valued at $1,747,000 after buying an additional 6,200 shares during the period. Capital Analysts LLC raised its position in shares of Digital Realty Trust by 617.2% in the second quarter. Capital Analysts LLC now owns 6,383 shares of the real estate investment trust’s stock valued at $815,000 after buying an additional 5,493 shares during the period. Capstone Asset Management Co. raised its position in shares of Digital Realty Trust by 287.0% in the second quarter. Capstone Asset Management Co. now owns 14,631 shares of the real estate investment trust’s stock valued at $1,595,000 after buying an additional 10,850 shares during the period. NN Investment Partners Holdings N.V. raised its position in shares of Digital Realty Trust by 84.7% in the second quarter. NN Investment Partners Holdings N.V. now owns 731,815 shares of the real estate investment trust’s stock valued at $79,760,000 after buying an additional 335,700 shares during the period. Finally, Creative Planning raised its position in shares of Digital Realty Trust by 175.4% in the second quarter. Creative Planning now owns 16,138 shares of the real estate investment trust’s stock valued at $1,759,000 after buying an additional 10,278 shares during the period.

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

Shares of Digital Realty Trust Inc. (NYSE:DLR) opened at 91.53 on Tuesday. The company has a 50 day moving average price of $92.19 and a 200-day moving average price of $98.45. Digital Realty Trust Inc. has a 12 month low of $69.00 and a 12 month high of $113.21. The firm has a market capitalization of $14.55 billion, a PE ratio of 63.08 and a beta of 0.14.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, October 27th. The real estate investment trust reported $1.44 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.44. Digital Realty Trust had a return on equity of 9.81% and a net margin of 15.25%. The firm had revenue of $546.30 million for the quarter, compared to analysts’ expectations of $538.82 million. During the same quarter last year, the firm earned $1.28 earnings per share. The firm’s revenue for the quarter was up 25.3% compared to the same quarter last year. Equities research analysts expect that Digital Realty Trust Inc. will post $5.71 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 13th. Investors of record on Thursday, December 15th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date is Tuesday, December 13th. Digital Realty Trust’s payout ratio is currently 246.15%.

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Several equities research analysts recently issued reports on the company. RBC Capital Markets reiterated an “outperform” rating and issued a $120.00 price objective (up previously from $105.00) on shares of Digital Realty Trust in a report on Thursday, August 4th. Royal Bank Of Canada boosted their price objective on Digital Realty Trust from $105.00 to $120.00 and gave the company an “outperform” rating in a report on Thursday, August 4th. Barclays PLC boosted their price objective on Digital Realty Trust from $118.00 to $126.00 and gave the company an “overweight” rating in a report on Friday, August 12th. Jefferies Group cut their price objective on Digital Realty Trust from $115.00 to $109.00 and set a “hold” rating on the stock in a report on Thursday, August 11th. Finally, Bank of America Corp. reiterated a “buy” rating and issued a $120.00 price objective on shares of Digital Realty Trust in a report on Wednesday, September 28th. Six investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $106.00.

In related news, insider Edward F. Sham sold 14,701 shares of Digital Realty Trust stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $92.50, for a total value of $1,359,842.50. Following the transaction, the insider now owns 19,039 shares in the company, valued at $1,761,107.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Joshua A. Mills sold 4,519 shares of the business’s stock in a transaction dated Friday, September 16th. The stock was sold at an average price of $92.22, for a total value of $416,742.18. Following the transaction, the senior vice president now owns 8,685 shares in the company, valued at approximately $800,930.70. The disclosure for this sale can be found here. 0.29% of the stock is owned by corporate insiders.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company owns, acquires, develops and manages technology-related real estate. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

5 Day Chart for NYSE:DLR

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