Digital Realty Trust, Inc. $DLR Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 35.4% in the 3rd quarter, Holdings Channel reports. The fund owned 23,963 shares of the real estate investment trust’s stock after acquiring an additional 6,269 shares during the quarter. Vontobel Holding Ltd.’s holdings in Digital Realty Trust were worth $4,143,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the stock. OFI Invest Asset Management grew its holdings in shares of Digital Realty Trust by 37,575.7% in the 3rd quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust’s stock worth $46,896,000 after acquiring an additional 270,545 shares during the period. Motley Fool Asset Management LLC raised its holdings in Digital Realty Trust by 9.9% during the second quarter. Motley Fool Asset Management LLC now owns 17,208 shares of the real estate investment trust’s stock worth $3,000,000 after purchasing an additional 1,548 shares during the last quarter. Arcadia Investment Management Corp MI boosted its position in Digital Realty Trust by 17.1% during the second quarter. Arcadia Investment Management Corp MI now owns 17,818 shares of the real estate investment trust’s stock worth $3,106,000 after purchasing an additional 2,600 shares in the last quarter. Cim Investment Management Inc. increased its position in shares of Digital Realty Trust by 99.6% in the second quarter. Cim Investment Management Inc. now owns 22,734 shares of the real estate investment trust’s stock valued at $3,997,000 after buying an additional 11,345 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its position in shares of Digital Realty Trust by 3.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 7,356,429 shares of the real estate investment trust’s stock worth $1,282,446,000 after buying an additional 211,692 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $153.95 on Friday. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $187.74. The business has a 50 day moving average price of $162.35 and a two-hundred day moving average price of $168.67. The firm has a market cap of $52.88 billion, a PE ratio of 39.78, a price-to-earnings-growth ratio of 4.01 and a beta of 1.11.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Friday, October 31st. The real estate investment trust reported $0.15 earnings per share for the quarter. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. The company had revenue of $1.58 billion during the quarter. Sell-side analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Monday, December 15th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, December 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 126.10%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DLR. Wolfe Research upgraded Digital Realty Trust from a “peer perform” rating to an “outperform” rating and set a $194.00 price objective for the company in a research report on Monday, October 20th. Citigroup upped their target price on shares of Digital Realty Trust from $200.00 to $212.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Jefferies Financial Group reduced their price objective on shares of Digital Realty Trust from $206.00 to $184.00 and set a “buy” rating on the stock in a research note on Tuesday, December 16th. Wall Street Zen cut shares of Digital Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 8th. Finally, Morgan Stanley started coverage on Digital Realty Trust in a research note on Thursday, October 16th. They issued an “equal weight” rating and a $195.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $197.55.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Mary Hogan Preusse sold 4,166 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is currently owned by corporate insiders.

About Digital Realty Trust

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.