Dimensional Fund Advisors LP grew its position in Digital Realty Trust, Inc. (NYSE:DLR) by 29.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,888,529 shares of the real estate investment trust’s stock after acquiring an additional 664,982 shares during the quarter. Dimensional Fund Advisors LP owned about 1.78% of Digital Realty Trust worth $341,788,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DLR. Amica Retiree Medical Trust purchased a new position in Digital Realty Trust during the third quarter worth approximately $102,000. Grove Bank & Trust lifted its position in Digital Realty Trust by 1,284.6% during the third quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock worth $106,000 after buying an additional 835 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in 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 buying an additional 328 shares in the last quarter. Parallel Advisors LLC lifted its position in Digital Realty Trust by 18.0% during the second 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. Finally, Thompson Siegel & Walmsley LLC lifted its position in Digital Realty Trust by 4,984.2% during the third quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock worth $114,000 after buying an additional 947 shares in the last quarter. Institutional investors and hedge funds own 98.54% of the company’s stock.

Shares of Digital Realty Trust, Inc. (NYSE DLR) opened at $114.81 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.46 and a current ratio of 0.46. The stock has a market capitalization of $23,449.22, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 2.86 and a beta of -0.10. Digital Realty Trust, Inc. has a one year low of $93.39 and a one year high of $127.23.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $1.11. The company had revenue of $609.90 million during the quarter, compared to analysts’ expectations of $595.49 million. Digital Realty Trust had a return on equity of 5.15% and a net margin of 11.71%. The firm’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.44 earnings per share. equities analysts expect that Digital Realty Trust, Inc. will post 6.1 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be paid a $0.93 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.24%. Digital Realty Trust’s payout ratio is presently 300.00%.

A number of equities analysts recently commented on DLR shares. Barclays reiterated a “buy” rating and set a $132.00 price objective on shares of Digital Realty Trust in a research report on Friday, September 8th. ValuEngine upgraded Digital Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Cowen reiterated a “buy” rating and set a $126.00 price objective on shares of Digital Realty Trust in a research report on Friday, August 25th. KeyCorp reiterated a “buy” rating and set a $130.00 price objective on shares of Digital Realty Trust in a research report on Friday, August 25th. Finally, BidaskClub upgraded Digital Realty Trust from a “hold” rating to a “buy” rating in a research report on Thursday, August 24th. Ten investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Digital Realty Trust has an average rating of “Hold” and an average price target of $125.07.

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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.

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

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