Perpetual Ltd purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,970 shares of the real estate investment trust’s stock, valued at approximately $2,820,000.

Other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Digital Realty Trust by 50.9% during 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 period. Parallel Advisors LLC lifted 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 valued at $112,000 after acquiring an additional 148 shares during the last quarter. Sun Life Financial INC lifted its stake in Digital Realty Trust by 12,844.4% in the second 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 during the last quarter. Almanack Investment Partners LLC. acquired a new stake in Digital Realty Trust in the second quarter valued at approximately $134,000. Finally, Security National Trust Co. acquired a new stake in Digital Realty Trust in the second quarter valued at approximately $164,000.

In other news, Director William G. Laperch acquired 1,200 shares of the stock in a transaction on Monday, August 7th. The shares were purchased at an average price of $25.00 per share, for a total transaction of $30,000.00. Following the transaction, the director now directly owns 1,200 shares of the company’s stock, valued at $30,000. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 value of $2,996,350.52. Following the transaction, the insider now owns 25,733 shares in the company, valued at approximately $2,996,350.52. The disclosure for this sale can be found here. 0.40% of the stock is owned by company insiders.

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Shares of Digital Realty Trust, Inc. (NYSE DLR) traded up 0.27% during trading on Wednesday, reaching $123.05. 232,738 shares of the company were exchanged. The stock has a market capitalization of $19.96 billion, a price-to-earnings ratio of 49.98 and a beta of 0.01. The company has a 50 day moving average price of $118.55 and a 200-day moving average price of $115.19. Digital Realty Trust, Inc. has a one year low of $85.63 and a one year high of $127.23.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 earnings per share (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 during the quarter, compared to the consensus estimate of $559.93 million. During the same quarter last year, the firm posted $1.42 EPS. The company’s quarterly revenue was up 9.9% on a year-over-year basis. Equities analysts predict that Digital Realty Trust, Inc. will post $1.47 EPS for the current year.

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

A number of analysts have issued reports on the stock. Macquarie reiterated a “neutral” rating and issued a $105.00 target price on shares of Digital Realty Trust in a research note on Tuesday, July 4th. Canaccord Genuity reiterated a “buy” rating and issued a $127.00 target price on shares of Digital Realty Trust in a research note on Friday, August 18th. Zacks Investment Research upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a research note on Wednesday, October 11th. William Blair assumed coverage on shares of Digital Realty Trust in a research note on Friday, September 22nd. They issued a “market perform” rating for the company. Finally, BidaskClub upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a research note on Saturday, June 24th. Nine investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $122.73.

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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