Teachers Advisors LLC grew its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 444,615 shares of the real estate investment trust’s stock after acquiring an additional 20,132 shares during the quarter. Teachers Advisors LLC owned about 0.27% of Digital Realty Trust worth $50,219,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of Digital Realty Trust by 7.3% during the second quarter. JPMorgan Chase & Co. now owns 3,569,263 shares of the real estate investment trust’s stock valued at $403,148,000 after acquiring an additional 243,995 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Digital Realty Trust by 45.6% during the first quarter. Renaissance Technologies LLC now owns 397,100 shares of the real estate investment trust’s stock valued at $42,247,000 after buying an additional 124,300 shares during the last quarter. Uniplan Investment Counsel Inc. purchased a new position in shares of Digital Realty Trust during the second quarter valued at approximately $32,118,000. Tudor Investment Corp ET AL purchased a new position in shares of Digital Realty Trust during the first quarter valued at approximately $1,610,000. Finally, Northwestern Mutual Investment Management Company LLC boosted its position in shares of Digital Realty Trust by 76.4% during the first quarter. Northwestern Mutual Investment Management Company LLC now owns 32,195 shares of the real estate investment trust’s stock valued at $3,425,000 after buying an additional 13,944 shares during the last quarter.

Digital Realty Trust, Inc. (NYSE:DLR) opened at 117.59 on Friday. Digital Realty Trust, Inc. has a 52-week low of $85.63 and a 52-week high of $127.23. The firm has a 50-day moving average price of $117.36 and a 200 day moving average price of $113.24. The stock has a market cap of $19.07 billion, a PE ratio of 47.76 and a beta of -0.01.

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 the 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 for the quarter, compared to the consensus estimate of $559.93 million. During the same period last year, the business posted $1.42 EPS. The company’s revenue was up 9.9% compared to the same quarter last year. On average, analysts forecast that Digital Realty Trust, Inc. will post $1.55 earnings per share for the current fiscal year.

The firm 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 dividend of $0.93 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $3.72 annualized dividend and a yield of 3.16%. Digital Realty Trust’s dividend payout ratio is 148.21%.

In other Digital Realty Trust news, insider Christopher Sharp sold 25,733 shares of the stock in a transaction on 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 sale, the insider now directly owns 25,733 shares in the company, valued at approximately $2,996,350.52. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director William G. Laperch bought 1,200 shares of the business’s stock in a transaction on Monday, August 7th. The shares were acquired at an average price of $25.00 per share, for a total transaction of $30,000.00. Following the completion of the purchase, the director now 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.

Several brokerages recently issued reports on DLR. Jefferies Group LLC reaffirmed a “hold” rating and set a $119.00 target price on shares of Digital Realty Trust in a research report on Friday. Stifel Nicolaus reaffirmed a “hold” rating and set a $117.00 target price on shares of Digital Realty Trust in a research report on Thursday. Barclays PLC reaffirmed a “buy” rating and set a $132.00 target price on shares of Digital Realty Trust in a research report on Friday, September 8th. ValuEngine raised Digital Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Cowen and Company reaffirmed a “buy” rating and set a $126.00 target price on shares of Digital Realty Trust in a research report on Friday, August 25th. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Digital Realty Trust currently has a consensus rating of “Buy” and a consensus price target of $120.00.

TRADEMARK VIOLATION WARNING: This story was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/09/17/teachers-advisors-llc-purchases-20132-shares-of-digital-realty-trust-inc-dlr.html.

Digital Realty Trust 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.

Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Digital Realty Trust, Inc. (NYSE:DLR).

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

Receive News & Stock Ratings for Digital Realty Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust Inc. and related stocks with our FREE daily email newsletter.