California State Teachers Retirement System decreased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 7.1% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 296,614 shares of the real estate investment trust’s stock after selling 22,833 shares during the period. California State Teachers Retirement System owned 0.18% of Digital Realty Trust worth $33,503,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in Digital Realty Trust by 50.9% during the 2nd 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 in the last quarter. Parallel Advisors LLC lifted its holdings in 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 purchasing an additional 148 shares in the last quarter. Sun Life Financial INC raised its holdings in shares of Digital Realty Trust by 12,844.4% in the 2nd quarter. Sun Life Financial INC now owns 1,165 shares of the real estate investment trust’s stock valued at $132,000 after acquiring an additional 1,156 shares in the last quarter. Almanack Investment Partners LLC. purchased a new stake in shares of Digital Realty Trust in the 2nd quarter valued at about $134,000. Finally, Security National Trust Co. purchased a new stake in shares of Digital Realty Trust in the 2nd quarter valued at about $164,000.

Several analysts have weighed in on the company. Stifel Nicolaus reaffirmed a “hold” rating and issued a $117.00 price target on shares of Digital Realty Trust in a report on Thursday, September 14th. Barclays PLC reaffirmed a “buy” rating and issued a $132.00 price target on shares of Digital Realty Trust in a report on Friday, September 8th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $140.00 price target on shares of Digital Realty Trust in a report on Thursday. BidaskClub raised Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Finally, Zacks Investment Research raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $133.00 price target on the stock in a report on Wednesday. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $122.73.

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Digital Realty Trust, Inc. (NYSE:DLR) traded down 0.28% during trading on Friday, reaching $122.41. The company had a trading volume of 128,211 shares. The company has a market capitalization of $19.85 billion, a PE ratio of 49.72 and a beta of 0.01. Digital Realty Trust, Inc. has a one year low of $85.63 and a one year high of $127.23. The firm’s 50 day moving average is $118.43 and its 200 day moving average is $114.90.

Digital Realty Trust (NYSE:DLR) last released 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. The firm had revenue of $565.99 million for the quarter, compared to analysts’ expectations of $559.93 million. Digital Realty Trust had a return on equity of 12.39% and a net margin of 21.27%. The company’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.42 earnings per share. On average, equities research analysts predict that Digital Realty Trust, Inc. will post $1.47 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were paid a dividend of $0.93 per share. The ex-dividend date was Thursday, September 14th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.03%. Digital Realty Trust’s dividend payout ratio is 148.21%.

In other news, insider Christopher Sharp sold 25,733 shares of the company’s stock in a transaction that occurred 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 transaction, the insider now owns 25,733 shares of the company’s stock, valued at $2,996,350.52. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William G. Laperch bought 1,200 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were acquired at an average cost of $25.00 per share, for a total transaction of $30,000.00. Following the purchase, the director now owns 1,200 shares of the company’s stock, valued at approximately $30,000. The disclosure for this purchase can be found here. Corporate 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.

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

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