Digital Realty Trust, Inc. (DLR) Shares Bought by Fjarde AP Fonden Fourth Swedish National Pension Fund
Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 16.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 38,442 shares of the real estate investment trust’s stock after buying an additional 5,563 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Digital Realty Trust were worth $4,342,000 as of its most recent filing with the SEC.
A number of other large investors also recently added to or reduced their stakes in DLR. Parallel Advisors LLC boosted its stake in Digital Realty Trust by 18.0% in the second quarter. Parallel Advisors LLC now owns 972 shares of the real estate investment trust’s stock worth $112,000 after buying an additional 148 shares in the last quarter. Muzinich & Co. Inc. boosted its stake in Digital Realty Trust by 37.1% in the first quarter. Muzinich & Co. Inc. now owns 1,414 shares of the real estate investment trust’s stock worth $150,000 after buying an additional 383 shares in the last quarter. Westside Investment Management Inc. bought a new stake in Digital Realty Trust during the first quarter worth about $160,000. Security National Trust Co. bought a new stake in Digital Realty Trust during the second quarter worth about $164,000. Finally, AXA bought a new stake in Digital Realty Trust during the first quarter worth about $200,000.
Digital Realty Trust, Inc. (NYSE:DLR) opened at 117.57 on Tuesday. The firm has a 50-day moving average price of $114.15 and a 200 day moving average price of $111.83. The firm has a market capitalization of $19.07 billion, a P/E ratio of 47.75 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.
Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $565.99 million for the quarter, compared to the consensus estimate of $559.93 million. During the same quarter in the previous year, the company posted $1.42 earnings per share. The business’s quarterly revenue was up 9.9% compared to the same quarter last year. Analysts forecast that Digital Realty Trust, Inc. will post $1.57 EPS for the current 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 paid a $0.93 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $3.72 dividend on an annualized basis and a yield of 3.16%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 148.21%.
A number of research firms recently issued reports on DLR. Royal Bank Of Canada reissued a “buy” rating on shares of Digital Realty Trust in a research note on Monday, May 1st. Macquarie reissued a “neutral” rating and issued a $105.00 price target on shares of Digital Realty Trust in a research note on Tuesday, July 4th. Canaccord Genuity restated a “buy” rating and issued a $127.00 price objective on shares of Digital Realty Trust in a report on Friday, August 18th. BidaskClub upgraded Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Finally, Zacks Investment Research upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and set a $126.00 price objective on the stock in a report on Monday, July 17th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Digital Realty Trust currently has an average rating of “Buy” and a consensus target price of $119.38.
In other Digital Realty Trust news, SVP Joshua A. Mills sold 9,211 shares of the business’s stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of $120.00, for a total value of $1,105,320.00. Following the transaction, the senior vice president now owns 13,377 shares in the company, valued at $1,605,240. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William G. Laperch bought 1,200 shares of the stock in a transaction on Monday, August 7th. The stock was purchased at an average price of $25.00 per share, for a total transaction of $30,000.00. Following the purchase, the director now directly owns 1,200 shares of the company’s stock, valued at $30,000. The disclosure for this purchase can be found here. 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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