Robeco Institutional Asset Management B.V. trimmed its position in Digital Realty Trust, Inc. (NYSE:DLR) by 92.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,442 shares of the real estate investment trust’s stock after selling 75,000 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Digital Realty Trust were worth $763,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in Digital Realty Trust by 50.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 973 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 328 shares in the last quarter. Parallel Advisors LLC boosted its position in Digital Realty Trust by 18.0% in the second quarter. Parallel Advisors LLC now owns 972 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 148 shares in the last quarter. Sun Life Financial INC boosted its position in Digital Realty Trust by 12,844.4% in the second quarter. Sun Life Financial INC now owns 1,165 shares of the real estate investment trust’s stock valued at $132,000 after buying an additional 1,156 shares in the last quarter. Almanack Investment Partners LLC. acquired a new stake in Digital Realty Trust in the second quarter valued at approximately $134,000. Finally, Security National Trust Co. acquired a new stake in Digital Realty Trust in the second quarter valued at approximately $164,000.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $1.11. The business 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% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.44 EPS.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be given a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a yield of 3.13%. Digital Realty Trust’s payout ratio is currently 300.00%.

A number of analysts have weighed in on DLR shares. ValuEngine upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Stifel Nicolaus restated a “hold” rating and issued a $117.00 target price on shares of Digital Realty Trust in a research report on Thursday, September 14th. Zacks Investment Research upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $133.00 price target on the stock in a report on Wednesday, October 11th. Barclays PLC reiterated a “buy” rating and set a $132.00 price target on shares of Digital Realty Trust in a report on Friday, September 8th. Finally, BidaskClub lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, July 8th. Eleven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $124.00.

In related news, Director William G. Laperch bought 1,200 shares of the company’s stock in a transaction dated Monday, August 7th. The stock was purchased at an average cost of $25.00 per share, with a total value of $30,000.00. Following the transaction, the director now 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 hyperlink. Also, insider Christopher Sharp sold 25,733 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $116.44, for a total transaction of $2,996,350.52. Following the completion of the sale, the insider now directly owns 25,733 shares of the company’s stock, valued at $2,996,350.52. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company’s stock.

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

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