Schwab Charles Investment Management Inc. raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 10.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,351,165 shares of the real estate investment trust’s stock after buying an additional 123,812 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Digital Realty Trust were worth $152,615,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. GWM Advisors LLC raised its stake in Digital Realty Trust by 0.8% in the first quarter. GWM Advisors LLC now owns 4,312 shares of the real estate investment trust’s stock valued at $461,000 after buying an additional 34 shares during the period. Sheets Smith Wealth Management raised its stake in Digital Realty Trust by 0.9% in the second quarter. Sheets Smith Wealth Management now owns 4,956 shares of the real estate investment trust’s stock valued at $560,000 after buying an additional 44 shares during the period. Telos Capital Management Inc. raised its stake in Digital Realty Trust by 1.2% in the first quarter. Telos Capital Management Inc. now owns 4,661 shares of the real estate investment trust’s stock valued at $496,000 after buying an additional 54 shares during the period. ING Groep NV raised its stake in Digital Realty Trust by 0.5% in the second quarter. ING Groep NV now owns 13,078 shares of the real estate investment trust’s stock valued at $1,477,000 after buying an additional 63 shares during the period. Finally, BTIM Corp. raised its stake in Digital Realty Trust by 0.3% in the second quarter. BTIM Corp. now owns 25,100 shares of the real estate investment trust’s stock valued at $2,835,000 after buying an additional 75 shares during the period.

Digital Realty Trust, Inc. (NYSE DLR) opened at 111.82 on Friday. The company has a market capitalization of $18.14 billion, a P/E ratio of 45.42 and a beta of -0.03. The stock’s 50 day moving average price is $113.61 and its 200-day moving average price is $111.16. Digital Realty Trust, Inc. has a 12 month low of $85.63 and a 12 month high of $121.53.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.05. Digital Realty Trust had a return on equity of 12.39% and a net margin of 21.27%. The company had revenue of $565.99 million during the quarter, compared to analyst estimates of $559.93 million. During the same quarter in the previous year, the company posted $1.42 EPS. Digital Realty Trust’s revenue for the quarter was up 9.9% on a year-over-year basis. On average, equities research analysts predict that Digital Realty Trust, Inc. will post $1.58 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be paid a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date of this dividend is Thursday, September 14th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 148.21%.

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Several analysts recently weighed in on the company. Stifel Nicolaus raised their price objective on Digital Realty Trust from $110.00 to $117.00 and gave the company a “hold” rating in a research note on Monday, May 1st. Wells Fargo & Company reaffirmed a “market perform” rating on shares of Digital Realty Trust in a research note on Monday, June 12th. Zacks Investment Research lowered Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Digital Realty Trust in a research note on Monday, May 1st. Finally, Cowen and Company raised Digital Realty Trust from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $106.00 to $126.00 in a research note on Monday, June 12th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Digital Realty Trust currently has an average rating of “Buy” and a consensus price target of $116.67.

In other news, SVP Joshua A. Mills sold 9,211 shares of the business’s stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of $120.00, for a total value of $1,105,320.00. Following the completion of the sale, the senior vice president now owns 13,377 shares of the company’s stock, valued at approximately $1,605,240. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director William G. Laperch bought 1,200 shares of the stock in a transaction dated Monday, August 7th. The stock was bought at an average cost of $25.00 per share, with a total value of $30,000.00. Following the purchase, the director now owns 1,200 shares in the company, valued at approximately $30,000. The disclosure for this purchase can be found here. Insiders own 0.40% of the company’s stock.

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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