Security National Bank of SO Dak Buys 30 Shares of Digital Realty Trust, Inc. (DLR)

Security National Bank of SO Dak grew its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,851 shares of the real estate investment trust’s stock after purchasing an additional 30 shares during the period. Digital Realty Trust comprises about 2.0% of Security National Bank of SO Dak’s holdings, making the stock its 9th biggest holding. Security National Bank of SO Dak’s holdings in Digital Realty Trust were worth $1,678,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in DLR. AXA purchased a new stake in shares of Digital Realty Trust during the first quarter valued at $200,000. United Services Automobile Association lifted its holdings in shares of Digital Realty Trust by 0.8% during the first quarter. United Services Automobile Association now owns 54,441 shares of the real estate investment trust’s stock valued at $5,792,000 after purchasing an additional 412 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Digital Realty Trust by 6,396.6% during the first quarter. Wellington Management Group LLP now owns 363,872 shares of the real estate investment trust’s stock valued at $38,713,000 after purchasing an additional 358,271 shares during the last quarter. Concentric Wealth Management LLC lifted its holdings in shares of Digital Realty Trust by 3.7% during the first quarter. Concentric Wealth Management LLC now owns 11,428 shares of the real estate investment trust’s stock valued at $1,216,000 after purchasing an additional 413 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in shares of Digital Realty Trust by 3.1% during the first quarter. Stratos Wealth Partners LTD. now owns 27,717 shares of the real estate investment trust’s stock valued at $2,949,000 after purchasing an additional 836 shares during the last quarter.

Several equities research analysts have recently commented on DLR shares. BidaskClub raised Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Zacks Investment Research raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $126.00 target price for the company in a report on Monday, July 17th. KeyCorp reaffirmed a “buy” rating and set a $130.00 target price on shares of Digital Realty Trust in a report on Friday, August 25th. Canaccord Genuity reaffirmed a “buy” rating and set a $127.00 target price on shares of Digital Realty Trust in a report on Friday, August 18th. Finally, Cowen and Company reaffirmed a “buy” rating and set a $126.00 target price on shares of Digital Realty Trust in a report on Friday, August 25th. Ten equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $121.00.

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In other news, Director William G. Laperch purchased 1,200 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were bought at an average cost of $25.00 per share, for a total transaction of $30,000.00. Following the completion of the acquisition, the director now directly owns 1,200 shares in the company, valued at approximately $30,000. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Christopher Sharp sold 25,733 shares of the business’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $116.44, for a total value of $2,996,350.52. Following the completion of the sale, the insider now owns 25,733 shares in the company, valued at $2,996,350.52. The disclosure for this sale can be found here. Insiders own 0.40% of the company’s stock.

Digital Realty Trust, Inc. (DLR) traded up 1.03% during midday trading on Tuesday, hitting $120.19. The stock had a trading volume of 461,778 shares. The stock has a 50-day moving average of $118.12 and a 200-day moving average of $114.68. The firm has a market cap of $19.49 billion, a P/E ratio of 48.82 and a beta of 0.01. Digital Realty Trust, Inc. has a 52 week low of $85.63 and a 52 week high of $127.23.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.05. The company had revenue of $565.99 million for the quarter, compared to analyst estimates of $559.93 million. Digital Realty Trust had a return on equity of 12.39% and a net margin of 21.27%. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.42 earnings per share. Analysts forecast that Digital Realty Trust, Inc. will post $1.47 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were issued a $0.93 dividend. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.13%. Digital Realty Trust’s dividend payout ratio (DPR) is 148.21%.

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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