Invictus RG bought a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 3,885 shares of the real estate investment trust’s stock, valued at approximately $460,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sheaff Brock Investment Advisors LLC grew its position in Digital Realty Trust by 57.7% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 7,138 shares of the real estate investment trust’s stock valued at $845,000 after buying an additional 2,612 shares during the period. Dearborn Partners LLC grew its position in Digital Realty Trust by 1.2% during the third quarter. Dearborn Partners LLC now owns 115,237 shares of the real estate investment trust’s stock valued at $13,636,000 after buying an additional 1,331 shares during the period. Stifel Financial Corp grew its position in Digital Realty Trust by 5.4% during the third quarter. Stifel Financial Corp now owns 637,125 shares of the real estate investment trust’s stock valued at $75,373,000 after buying an additional 32,596 shares during the period. Commerzbank Aktiengesellschaft FI bought a new position in Digital Realty Trust during the third quarter valued at about $230,000. Finally, Skandinaviska Enskilda Banken AB publ grew its position in Digital Realty Trust by 27.2% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 25,229 shares of the real estate investment trust’s stock valued at $2,985,000 after buying an additional 5,400 shares during the period. Hedge funds and other institutional investors own 98.54% of the company’s stock.
Several research firms recently weighed in on DLR. SunTrust Banks restated a “buy” rating and set a $135.00 price target on shares of Digital Realty Trust in a research report on Friday, November 24th. TheStreet lowered shares of Digital Realty Trust from a “b” rating to a “c+” rating in a research report on Monday, October 30th. Zacks Investment Research lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. KeyCorp set a $130.00 price target on shares of Digital Realty Trust and gave the company a “buy” rating in a research report on Sunday, October 29th. Finally, Deutsche Bank increased their price target on shares of Digital Realty Trust from $111.00 to $130.00 and gave the company a “hold” rating in a research report on Thursday, October 26th. Ten investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $125.07.
Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $1.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate 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%. The company’s revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.44 earnings per share. equities research analysts anticipate that Digital Realty Trust, Inc. will post 6.09 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be issued a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date is Thursday, December 14th. Digital Realty Trust’s payout ratio is 300.00%.
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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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