Advisor Group Inc. cut its position in Digital Realty Trust, Inc. (NYSE:DLR) by 3.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,036 shares of the real estate investment trust’s stock after selling 589 shares during the quarter. Advisor Group Inc.’s holdings in Digital Realty Trust were worth $1,461,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in Digital Realty Trust by 50.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 973 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 328 shares during the last quarter. Parallel Advisors LLC raised its position in shares of Digital Realty Trust by 18.0% during the 2nd 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. Almanack Investment Partners LLC. bought a new stake in shares of Digital Realty Trust during the 2nd quarter worth about $134,000. Muzinich & Co. Inc. raised its position in shares of Digital Realty Trust by 37.1% during the 1st 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. Finally, Westside Investment Management Inc. bought a new stake in shares of Digital Realty Trust during the 1st quarter worth about $160,000.

In other Digital Realty Trust news, insider Christopher Sharp sold 25,733 shares of the company’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $116.44, for a total transaction of $2,996,350.52. Following the transaction, the insider now directly owns 25,733 shares in the company, valued at approximately $2,996,350.52. The transaction was disclosed in a filing 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 transaction, the director now owns 1,200 shares in the company, valued at approximately $30,000. The disclosure for this purchase can be found here. Corporate insiders own 0.40% of the company’s stock.

A number of research firms have commented on DLR. KeyCorp restated a “buy” rating and set a $130.00 price target on shares of Digital Realty Trust in a research report on Tuesday. Citigroup Inc. restated a “neutral” rating and set a $127.00 price target on shares of Digital Realty Trust in a research report on Tuesday. William Blair began coverage on shares of Digital Realty Trust in a research report on Friday, September 22nd. They set a “market perform” rating on the stock. Jefferies Group LLC restated a “hold” rating and set a $119.00 price target on shares of Digital Realty Trust in a research report on Friday, September 15th. Finally, Stifel Nicolaus restated a “hold” rating and set a $117.00 price target on shares of Digital Realty Trust in a research report on Thursday, September 14th. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $120.50.

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Digital Realty Trust, Inc. (NYSE DLR) opened at 115.25 on Thursday. The firm has a market cap of $18.69 billion, a PE ratio of 46.81 and a beta of -0.01. Digital Realty Trust, Inc. has a 52 week low of $85.63 and a 52 week high of $127.23. The stock has a 50 day moving average of $117.53 and a 200 day moving average of $113.45.

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, beating analysts’ consensus estimates of $1.49 by $0.05. Digital Realty Trust had a net margin of 21.27% and a return on equity of 12.39%. The company had revenue of $565.99 million for the quarter, compared to the consensus estimate of $559.93 million. During the same period in the prior year, the company posted $1.42 EPS. The company’s revenue was up 9.9% compared to the same quarter last year. Analysts anticipate that Digital Realty Trust, Inc. will post $1.51 EPS for the current 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 given 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 yield of 3.26%. Digital Realty Trust’s payout ratio is presently 148.21%.

About Digital Realty Trust

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.

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

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