WBI Investments Inc. lowered its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 94.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,527 shares of the real estate investment trust’s stock after selling 40,268 shares during the quarter. WBI Investments Inc.’s holdings in Digital Realty Trust were worth $285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of DLR. Northwestern Mutual Wealth Management Co. raised its stake in shares of Digital Realty Trust by 50.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 973 shares of the real estate investment trust’s stock worth $110,000 after purchasing an additional 328 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of 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 purchasing an additional 148 shares during the last quarter. Almanack Investment Partners LLC. purchased a new position in shares of Digital Realty Trust in the second quarter worth $134,000. Muzinich & Co. Inc. raised its stake in shares of 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 purchasing an additional 383 shares during the last quarter. Finally, Westside Investment Management Inc. purchased a new position in shares of Digital Realty Trust in the first quarter worth $160,000.

Shares of Digital Realty Trust, Inc. (NYSE:DLR) opened at 117.59 on Friday. The firm’s 50-day moving average price is $117.36 and its 200 day moving average price is $113.24. The company has a market cap of $19.07 billion, a price-to-earnings ratio of 47.76 and a beta of -0.01. Digital Realty Trust, Inc. has a 12-month low of $85.63 and a 12-month high of $127.23.

Digital Realty Trust (NYSE:DLR) last issued 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. The company had revenue of $565.99 million during the quarter, compared to analyst estimates of $559.93 million. Digital Realty Trust had a return on equity of 12.39% and a net margin of 21.27%. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter last year, the business posted $1.42 EPS. On average, analysts predict that Digital Realty Trust, Inc. will post $1.55 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.93 per share. The ex-dividend date is Thursday, September 14th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.16%. Digital Realty Trust’s payout ratio is currently 148.21%.

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Several research firms have recently weighed in on DLR. Wells Fargo & Company restated a “market perform” rating on shares of Digital Realty Trust in a research note on Monday, June 12th. Zacks Investment Research cut Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. KeyCorp restated a “buy” rating and issued a $130.00 price target on shares of Digital Realty Trust in a research note on Friday, August 25th. Cowen and Company restated a “buy” rating and issued a $126.00 price target on shares of Digital Realty Trust in a research note on Friday, August 25th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $117.00 price target on shares of Digital Realty Trust in a research note on Thursday. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Digital Realty Trust has a consensus rating of “Buy” and an average price target of $120.08.

In other Digital Realty Trust news, insider Christopher Sharp sold 25,733 shares of Digital Realty Trust stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $116.44, for a total transaction of $2,996,350.52. Following the completion of the transaction, the insider now owns 25,733 shares in the company, valued at approximately $2,996,350.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William G. Laperch acquired 1,200 shares of Digital Realty Trust stock in a transaction on Monday, August 7th. The shares were bought at an average price of $25.00 per share, with a total value of $30,000.00. Following the purchase, the director now directly owns 1,200 shares in the company, valued at approximately $30,000. The disclosure for this purchase 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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