Alps Advisors Inc. boosted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 13.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,242 shares of the real estate investment trust’s stock after acquiring an additional 1,766 shares during the quarter. Alps Advisors Inc.’s holdings in Digital Realty Trust were worth $1,804,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Candriam Luxembourg S.C.A. grew its holdings in Digital Realty Trust by 26.4% during the 3rd quarter. Candriam Luxembourg S.C.A. now owns 12,867 shares of the real estate investment trust’s stock worth $1,523,000 after acquiring an additional 2,684 shares during the last quarter. Telemus Capital LLC grew its holdings in Digital Realty Trust by 272.5% during the 3rd quarter. Telemus Capital LLC now owns 14,900 shares of the real estate investment trust’s stock worth $1,763,000 after acquiring an additional 10,900 shares during the last quarter. Swiss National Bank grew its holdings in Digital Realty Trust by 24.8% during the 3rd quarter. Swiss National Bank now owns 890,378 shares of the real estate investment trust’s stock worth $105,358,000 after acquiring an additional 177,023 shares during the last quarter. World Asset Management Inc grew its holdings in Digital Realty Trust by 27.8% during the 3rd quarter. World Asset Management Inc now owns 22,389 shares of the real estate investment trust’s stock worth $2,649,000 after acquiring an additional 4,875 shares during the last quarter. Finally, Greenwood Capital Associates LLC bought a new stake in Digital Realty Trust during the 3rd quarter worth about $2,773,000.

In other Digital Realty Trust news, insider Christopher Sharp sold 25,733 shares of the firm’s stock in a transaction that occurred on 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 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 filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.40% of the company’s stock.

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Shares of Digital Realty Trust, Inc. (NYSE DLR) traded up $0.45 during trading hours on Monday, hitting $121.30. 149,263 shares of the company were exchanged, compared to its average volume of 1,273,525. The firm has a market cap of $25,550.00, a P/E ratio of 20.21, a price-to-earnings-growth ratio of 3.55 and a beta of -0.09. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.85. Digital Realty Trust, Inc. has a 1-year low of $85.63 and a 1-year high of $127.23.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $1.11. The business had revenue of $609.90 million for the quarter, compared to the consensus estimate of $595.49 million. Digital Realty Trust had a net margin of 11.71% and a return on equity of 5.15%. Digital Realty Trust’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period last year, the company posted $1.44 EPS. equities analysts anticipate that Digital Realty Trust, Inc. will post 6.09 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.93 per share. The ex-dividend date is Thursday, December 14th. This represents a $3.72 annualized dividend and a yield of 3.07%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 302.44%.

Several research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $126.00 target price on the stock in a research note on Monday, July 17th. Barclays PLC reaffirmed a “buy” rating and issued a $132.00 target price on shares of Digital Realty Trust in a research note on Friday, September 8th. ValuEngine raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Cowen and Company reaffirmed a “buy” rating and issued a $126.00 target price on shares of Digital Realty Trust in a research note on Friday, August 25th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $130.00 target price on shares of Digital Realty Trust in a research note on Friday, August 25th. Eleven analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Digital Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $125.43.

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.

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

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