Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Norinchukin Bank The

Norinchukin Bank The boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,967 shares of the real estate investment trust’s stock after acquiring an additional 131 shares during the period. Norinchukin Bank The’s holdings in Digital Realty Trust were worth $3,939,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Sei Investments Co. grew its holdings in Digital Realty Trust by 30.1% during the 1st quarter. Sei Investments Co. now owns 326,760 shares of the real estate investment trust’s stock worth $46,017,000 after acquiring an additional 75,533 shares in the last quarter. Schnieders Capital Management LLC boosted its holdings in shares of Digital Realty Trust by 2.0% in the 1st quarter. Schnieders Capital Management LLC now owns 17,225 shares of the real estate investment trust’s stock valued at $2,426,000 after buying an additional 330 shares in the last quarter. Elo Mutual Pension Insurance Co boosted its holdings in shares of Digital Realty Trust by 5.7% in the 1st quarter. Elo Mutual Pension Insurance Co now owns 20,213 shares of the real estate investment trust’s stock valued at $2,847,000 after buying an additional 1,088 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Digital Realty Trust by 90.6% in the 1st quarter. Mercer Global Advisors Inc. ADV now owns 6,964 shares of the real estate investment trust’s stock valued at $982,000 after buying an additional 3,310 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its holdings in shares of Digital Realty Trust by 122.1% in the 1st quarter. Acadian Asset Management LLC now owns 2,603 shares of the real estate investment trust’s stock valued at $367,000 after buying an additional 1,431 shares in the last quarter. Institutional investors own 96.47% of the company’s stock.

Several research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Digital Realty Trust from $170.00 to $165.00 and set a “buy” rating for the company in a report on Tuesday, February 16th. Barclays upped their price target on shares of Digital Realty Trust from $169.00 to $177.00 and gave the company an “overweight” rating in a research report on Tuesday, April 27th. TheStreet upgraded shares of Digital Realty Trust from a “c+” rating to a “b-” rating in a research report on Monday, February 22nd. Credit Suisse Group upped their price target on shares of Digital Realty Trust from $167.00 to $169.00 and gave the company an “outperform” rating in a research report on Friday, April 30th. Finally, Raymond James reduced their price target on shares of Digital Realty Trust from $175.00 to $168.00 and set a “strong-buy” rating for the company in a research report on Tuesday, February 16th. They noted that the move was a valuation call. Three analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $165.07.

In other Digital Realty Trust news, Director Kevin Kennedy sold 200 shares of the firm’s stock in a transaction dated Monday, March 15th. The shares were sold at an average price of $134.58, for a total transaction of $26,916.00. Following the sale, the director now directly owns 200 shares of the company’s stock, valued at approximately $26,916. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO A William Stein sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, May 25th. The stock was sold at an average price of $151.92, for a total transaction of $15,192,000.00. Following the sale, the chief executive officer now directly owns 100,000 shares in the company, valued at $15,192,000. The disclosure for this sale can be found here. Insiders have sold a total of 550,923 shares of company stock worth $85,012,974 over the last ninety days. 0.52% of the stock is owned by corporate insiders.

Shares of NYSE DLR opened at $163.94 on Friday. The firm has a market cap of $46.16 billion, a PE ratio of 106.45, a price-to-earnings-growth ratio of 3.57 and a beta of 0.09. Digital Realty Trust, Inc. has a 52 week low of $124.65 and a 52 week high of $165.49. The company has a 50-day simple moving average of $149.98. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.67 and a current ratio of 0.67.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, April 29th. The real estate investment trust reported $1.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.59 by ($0.27). Digital Realty Trust had a return on equity of 3.31% and a net margin of 12.43%. On average, analysts predict that Digital Realty Trust, Inc. will post 6.53 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Tuesday, June 15th will be paid a dividend of $1.16 per share. The ex-dividend date is Monday, June 14th. This represents a $4.64 annualized dividend and a dividend yield of 2.83%. Digital Realty Trust’s dividend payout ratio is currently 74.60%.

About Digital Realty Trust

Digital Realty supports the world's leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITALR, the company's global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture PDxTM solution methodology for scaling digital business and efficiently managing data gravity challenges.

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

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