Sumitomo Mitsui Trust Holdings Inc. lowered its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 1.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 569,643 shares of the real estate investment trust’s stock after selling 6,610 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned 0.35% of Digital Realty Trust worth $64,341,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in Digital Realty Trust by 2,651.9% in the first quarter. BlackRock Inc. now owns 15,147,324 shares of the real estate investment trust’s stock valued at $1,611,523,000 after buying an additional 14,596,894 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Digital Realty Trust by 34.8% in the first quarter. JPMorgan Chase & Co. now owns 3,325,268 shares of the real estate investment trust’s stock valued at $353,775,000 after buying an additional 857,798 shares in the last quarter. Vanguard Group Inc. boosted its stake in Digital Realty Trust by 2.0% in the first quarter. Vanguard Group Inc. now owns 27,643,911 shares of the real estate investment trust’s stock valued at $2,941,034,000 after buying an additional 529,792 shares in the last quarter. Resolution Capital Ltd purchased a new stake in Digital Realty Trust during the first quarter valued at about $55,624,000. Finally, Wellington Management Group LLP boosted its stake in Digital Realty Trust by 6,396.6% in the first quarter. Wellington Management Group LLP now owns 363,872 shares of the real estate investment trust’s stock valued at $38,713,000 after buying an additional 358,271 shares in the last quarter.

Shares of Digital Realty Trust, Inc. (NYSE DLR) opened at 118.14 on Thursday. The company has a market capitalization of $19.16 billion, a PE ratio of 47.99 and a beta of -0.03. Digital Realty Trust, Inc. has a 52-week low of $85.63 and a 52-week high of $121.53. The stock has a 50 day moving average price of $113.71 and a 200 day moving average price of $111.71.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.05. Digital Realty Trust had a return on equity of 12.39% and a net margin of 21.27%. The business had revenue of $565.99 million during the quarter, compared to the consensus estimate of $559.93 million. During the same period last year, the business posted $1.42 earnings per share. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. On average, analysts predict that Digital Realty Trust, Inc. will post $1.57 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date is Thursday, September 14th. Digital Realty Trust’s dividend payout ratio is currently 148.21%.

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Several equities research analysts recently issued reports on the stock. Royal Bank Of Canada reissued a “buy” rating on shares of Digital Realty Trust in a research report on Monday, May 1st. BidaskClub raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a research report on Saturday, June 24th. Deutsche Bank AG lifted their price objective on shares of Digital Realty Trust from $105.00 to $109.00 and gave the company a “hold” rating in a research note on Friday, April 28th. Wells Fargo & Company lowered shares of Digital Realty Trust from an “outperform” rating to a “market perform” rating and set a $118.00 price objective on the stock. in a research note on Wednesday, May 17th. Finally, Stifel Nicolaus lifted their price objective on shares of Digital Realty Trust from $110.00 to $117.00 and gave the company a “hold” rating in a research note on Monday, May 1st. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $118.50.

In related news, Director William G. Laperch purchased 1,200 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was purchased at an average cost of $25.00 per share, with a total value of $30,000.00. Following the completion of the acquisition, the director now directly owns 1,200 shares of the company’s stock, valued at $30,000. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Christopher Sharp sold 25,733 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $116.44, for a total value of $2,996,350.52. Following the completion of the transaction, the insider now directly owns 25,733 shares of the company’s stock, valued at $2,996,350.52. The disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. 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.

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

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