Schroder Investment Management Group Acquires 30,656 Shares of Digital Realty Trust, Inc. (DLR)

Schroder Investment Management Group grew its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 23.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 159,275 shares of the real estate investment trust’s stock after purchasing an additional 30,656 shares during the quarter. Schroder Investment Management Group owned approximately 0.10% of Digital Realty Trust worth $18,501,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Municipal Employees Retirement System of Michigan grew its position in Digital Realty Trust by 84.1% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 9,390 shares of the real estate investment trust’s stock worth $1,061,000 after purchasing an additional 4,290 shares during the last quarter. CIBC Asset Management Inc grew its position in Digital Realty Trust by 3.1% during the 2nd quarter. CIBC Asset Management Inc now owns 19,192 shares of the real estate investment trust’s stock worth $2,168,000 after purchasing an additional 575 shares during the last quarter. Retirement Systems of Alabama grew its position in Digital Realty Trust by 0.6% during the 2nd quarter. Retirement Systems of Alabama now owns 77,468 shares of the real estate investment trust’s stock worth $8,750,000 after purchasing an additional 482 shares during the last quarter. Pictet Asset Management Ltd. grew its position in Digital Realty Trust by 72.5% during the 2nd quarter. Pictet Asset Management Ltd. now owns 482,200 shares of the real estate investment trust’s stock worth $56,991,000 after purchasing an additional 202,700 shares during the last quarter. Finally, BP PLC grew its position in Digital Realty Trust by 110.5% during the 2nd quarter. BP PLC now owns 40,000 shares of the real estate investment trust’s stock worth $4,520,000 after purchasing an additional 21,000 shares during the last quarter. Institutional investors and hedge funds own 98.54% of the company’s stock.

Several analysts have weighed in on the stock. Citigroup reissued a “neutral” rating and set a $127.00 target price on shares of Digital Realty Trust in a research report on Tuesday, September 26th. SunTrust Banks reissued a “buy” rating and set a $135.00 target price on shares of Digital Realty Trust in a research report on Friday, November 24th. Canaccord Genuity reissued a “buy” rating and set a $127.00 target price on shares of Digital Realty Trust in a research report on Friday, August 18th. KeyCorp reissued a “buy” rating and set a $130.00 target price on shares of Digital Realty Trust in a research report on Tuesday, September 26th. Finally, Royal Bank Of Canada boosted their target price on shares of Digital Realty Trust from $127.00 to $133.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 4th. Ten analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $125.07.

Digital Realty Trust, Inc. (NYSE DLR) traded up $2.43 during trading hours on Wednesday, reaching $113.02. 1,828,100 shares of the company’s stock were exchanged, compared to its average volume of 1,277,078. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.46 and a quick ratio of 0.46. The firm has a market capitalization of $22,719.90, a PE ratio of 18.49, a PEG ratio of 2.83 and a beta of -0.10. Digital Realty Trust, Inc. has a 52 week low of $89.50 and a 52 week high of $127.23.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share for the quarter, topping the Zacks’ 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 net margin of 11.71% and a return on equity of 5.15%. The firm’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.44 earnings per share. equities research analysts predict that Digital Realty Trust, Inc. will post 6.09 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be given a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date is Thursday, December 14th. Digital Realty Trust’s dividend payout ratio (DPR) is 300.00%.

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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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