National Pension Service Buys 16,208 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

National Pension Service grew its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR – Get Rating) by 3.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 464,435 shares of the real estate investment trust’s stock after acquiring an additional 16,208 shares during the quarter. National Pension Service’s holdings in Digital Realty Trust were worth $45,008,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Neo Ivy Capital Management boosted its position in shares of Digital Realty Trust by 116.4% during the third quarter. Neo Ivy Capital Management now owns 264 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 142 shares during the last quarter. Guardian Wealth Advisors LLC purchased a new stake in shares of Digital Realty Trust during the third quarter valued at $27,000. CI Investments Inc. boosted its position in shares of Digital Realty Trust by 980.0% during the third quarter. CI Investments Inc. now owns 378 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 343 shares during the last quarter. HHM Wealth Advisors LLC boosted its position in shares of Digital Realty Trust by 60.9% during the third quarter. HHM Wealth Advisors LLC now owns 436 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 165 shares during the last quarter. Finally, GHP Investment Advisors Inc. boosted its position in shares of Digital Realty Trust by 29.8% during the third quarter. GHP Investment Advisors Inc. now owns 475 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 109 shares during the last quarter. 95.00% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Down 2.1 %

NYSE DLR opened at $103.09 on Friday. The stock’s 50-day moving average price is $107.96 and its 200-day moving average price is $106.15. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.96. Digital Realty Trust, Inc. has a 52 week low of $85.76 and a 52 week high of $153.50. The company has a market capitalization of $30.02 billion, a P/E ratio of 90.43, a price-to-earnings-growth ratio of 2.52 and a beta of 0.52.

Digital Realty Trust (NYSE:DLR – Get Rating) last posted its quarterly earnings data on Thursday, February 16th. The real estate investment trust reported ($0.02) EPS for the quarter, missing the consensus estimate of $1.68 by ($1.70). Digital Realty Trust had a return on equity of 2.46% and a net margin of 8.05%. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the business earned $1.67 EPS. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 6.67 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Wednesday, March 15th will be paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 4.73%. The ex-dividend date is Tuesday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 428.07%.

Insider Activity at Digital Realty Trust

In related news, EVP Jeannie Lee sold 1,000 shares of Digital Realty Trust stock in a transaction that occurred on Wednesday, February 1st. The stock was sold at an average price of $115.00, for a total transaction of $115,000.00. Following the sale, the executive vice president now owns 10,975 shares of the company’s stock, valued at approximately $1,262,125. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Dyer Corey sold 4,401 shares of Digital Realty Trust stock in a transaction that occurred on Friday, March 10th. The stock was sold at an average price of $104.19, for a total transaction of $458,540.19. Following the sale, the executive vice president now owns 30,026 shares of the company’s stock, valued at approximately $3,128,408.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jeannie Lee sold 1,000 shares of Digital Realty Trust stock in a transaction that occurred on Wednesday, February 1st. The shares were sold at an average price of $115.00, for a total value of $115,000.00. Following the sale, the executive vice president now directly owns 10,975 shares in the company, valued at approximately $1,262,125. The disclosure for this sale can be found here. 0.41% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently commented on DLR. Deutsche Bank Aktiengesellschaft increased their price objective on Digital Realty Trust from $110.00 to $115.00 in a research report on Friday, December 16th. StockNews.com began coverage on Digital Realty Trust in a research report on Thursday. They issued a “sell” rating on the stock. Credit Suisse Group dropped their target price on Digital Realty Trust from $81.00 to $80.00 and set an “underperform” rating on the stock in a research report on Friday, February 17th. Barclays dropped their target price on Digital Realty Trust from $88.00 to $81.00 and set an “underweight” rating on the stock in a research report on Monday, December 19th. Finally, Exane BNP Paribas began coverage on Digital Realty Trust in a research report on Wednesday, December 14th. They issued a “neutral” rating and a $128.00 target price on the stock. Three analysts have rated the stock with a sell rating, four have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $123.54.

About Digital Realty Trust

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Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.