Digital Realty Trust, Inc. (DLR) Shares Bought by Cetera Investment Advisers
Cetera Investment Advisers boosted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 20.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,862 shares of the real estate investment trust’s stock after buying an additional 993 shares during the quarter. Cetera Investment Advisers’ holdings in Digital Realty Trust were worth $664,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in DLR. BlackRock Inc. increased its holdings in Digital Realty Trust by 2,651.9% in the first quarter. BlackRock Inc. now owns 15,147,324 shares of the real estate investment trust’s stock valued at $1,611,523,000 after buying an additional 14,596,894 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Digital Realty Trust by 171.5% during the second quarter. Principal Financial Group Inc. now owns 1,645,291 shares of the real estate investment trust’s stock valued at $185,835,000 after purchasing an additional 1,039,244 shares during the last quarter. Capital International Investors grew its holdings in shares of Digital Realty Trust by 253.1% during the second quarter. Capital International Investors now owns 1,352,500 shares of the real estate investment trust’s stock valued at $152,765,000 after purchasing an additional 969,500 shares during the last quarter. Uniplan Investment Counsel Inc. bought a new position in shares of Digital Realty Trust during the second quarter valued at approximately $32,118,000. Finally, Janus Henderson Group PLC grew its holdings in shares of Digital Realty Trust by 4,790.7% during the second quarter. Janus Henderson Group PLC now owns 911,379 shares of the real estate investment trust’s stock valued at $102,941,000 after purchasing an additional 892,744 shares during the last quarter.
Shares of Digital Realty Trust, Inc. (NYSE DLR) traded up 0.26% during mid-day trading on Tuesday, reaching $122.06. 96,759 shares of the company’s stock traded hands. The firm has a market cap of $19.80 billion, a price-to-earnings ratio of 49.58 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. The company’s 50 day moving average is $118.55 and its 200-day moving average is $115.19.
Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.05. The company had revenue of $565.99 million for the quarter, compared to analysts’ expectations of $559.93 million. Digital Realty Trust had a net margin of 21.27% and a return on equity of 12.39%. The business’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period last year, the firm posted $1.42 earnings per share. Equities analysts expect that Digital Realty Trust, Inc. will post $1.47 earnings per share 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 given a dividend of $0.93 per share. The ex-dividend date was Thursday, September 14th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.06%. Digital Realty Trust’s dividend payout ratio is 148.21%.
Several equities analysts have recently commented on DLR shares. Zacks Investment Research raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a report on Wednesday, October 11th. Barclays PLC reaffirmed a “buy” rating and set a $132.00 target price on shares of Digital Realty Trust in a report on Friday, September 8th. BidaskClub raised Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. William Blair started coverage on Digital Realty Trust in a report on Friday, September 22nd. They set a “market perform” rating for the company. Finally, Citigroup Inc. reaffirmed a “neutral” rating and set a $127.00 target price on shares of Digital Realty Trust in a report on Tuesday, September 26th. Nine equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $122.73.
In other news, Director William G. Laperch purchased 1,200 shares of Digital Realty Trust stock in a transaction dated Monday, August 7th. The shares were bought at an average cost of $25.00 per share, with a total value of $30,000.00. Following the completion of the transaction, the director now directly owns 1,200 shares in the company, valued at approximately $30,000. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Christopher Sharp sold 25,733 shares of Digital Realty Trust stock in a transaction on 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 transaction, the insider now directly owns 25,733 shares in the company, valued at $2,996,350.52. The disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.
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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