Cornerstone Capital Management Holdings LLC. reduced its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 3.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 155,154 shares of the real estate investment trust’s stock after selling 6,016 shares during the quarter. Cornerstone Capital Management Holdings LLC. owned 0.10% of Digital Realty Trust worth $18,358,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Digital Realty Trust by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 27,928,426 shares of the real estate investment trust’s stock valued at $3,154,515,000 after purchasing an additional 284,515 shares during the last quarter. BlackRock Inc. increased its position in shares of Digital Realty Trust by 2.8% during the 2nd quarter. BlackRock Inc. now owns 15,575,651 shares of the real estate investment trust’s stock valued at $1,759,269,000 after purchasing an additional 428,327 shares during the last quarter. Cohen & Steers Inc. increased its position in shares of Digital Realty Trust by 100.4% during the 3rd quarter. Cohen & Steers Inc. now owns 13,229,368 shares of the real estate investment trust’s stock valued at $1,565,431,000 after purchasing an additional 6,626,871 shares during the last quarter. Daiwa Securities Group Inc. increased its position in shares of Digital Realty Trust by 41.5% during the 3rd quarter. Daiwa Securities Group Inc. now owns 6,474,187 shares of the real estate investment trust’s stock valued at $766,091,000 after purchasing an additional 1,897,642 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Digital Realty Trust by 7.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,569,263 shares of the real estate investment trust’s stock valued at $403,148,000 after purchasing an additional 243,995 shares during the last quarter. Institutional investors and hedge funds own 98.54% of the company’s stock.

Shares of Digital Realty Trust, Inc. (DLR) traded up $0.65 during mid-day trading on Friday, reaching $114.81. The company had a trading volume of 1,080,000 shares, compared to its average volume of 1,220,484. The stock has a market cap of $23,586.91, a PE ratio of 19.20, a PEG ratio of 2.88 and a beta of -0.10. Digital Realty Trust, Inc. has a 52 week low of $93.39 and a 52 week high of $127.23. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.46 and a quick ratio of 0.46.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share for the quarter, beating the 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 return on equity of 5.15% and a net margin of 11.71%. Digital Realty Trust’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.44 EPS. research analysts anticipate that Digital Realty Trust, Inc. will post 6.1 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be issued a $0.93 dividend. This represents a $3.72 annualized dividend and a yield of 3.24%. The ex-dividend date is Thursday, December 14th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 300.00%.

Several equities analysts have recently commented on DLR shares. Cowen reiterated a “buy” rating and set a $126.00 price objective on shares of Digital Realty Trust in a research report on Friday, August 25th. Barclays reiterated a “buy” rating and set a $132.00 price objective on shares of Digital Realty Trust in a research report on Friday, September 8th. ValuEngine lowered Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. KeyCorp reiterated a “buy” rating and set a $130.00 price objective on shares of Digital Realty Trust in a research report on Friday, August 25th. Finally, BidaskClub upgraded Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Thursday, August 24th. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Digital Realty Trust presently has an average rating of “Hold” and a consensus price target of $125.07.

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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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