Ladenburg Thalmann Financial Services Inc. cut its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 25.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,546 shares of the real estate investment trust’s stock after selling 7,154 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in Digital Realty Trust were worth $2,430,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DLR. Amica Retiree Medical Trust bought a new stake in Digital Realty Trust during the 3rd quarter valued at $102,000. Grove Bank & Trust raised its position in shares of Digital Realty Trust by 1,284.6% in the 3rd quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock worth $106,000 after acquiring an additional 835 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Digital Realty Trust by 50.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 973 shares of the real estate investment trust’s stock worth $110,000 after acquiring an additional 328 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Digital Realty Trust by 18.0% in the 2nd quarter. Parallel Advisors LLC now owns 972 shares of the real estate investment trust’s stock worth $112,000 after acquiring an additional 148 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC raised its position in shares of Digital Realty Trust by 4,984.2% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock worth $114,000 after acquiring an additional 947 shares in the last quarter. 98.54% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust, Inc. (NYSE DLR) opened at $114.46 on Friday. Digital Realty Trust, Inc. has a one year low of $94.21 and a one year high of $127.23. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a market capitalization of $23,350.00, a price-to-earnings ratio of 19.28, a P/E/G ratio of 2.89 and a beta of -0.10.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $1.11. Digital Realty Trust had a return on equity of 5.15% and a net margin of 11.71%. The firm had revenue of $609.90 million for the quarter, compared to the consensus estimate of $595.49 million. During the same period in the previous year, the business earned $1.44 EPS. The firm’s revenue for the quarter was up 11.6% on a year-over-year basis. analysts predict that Digital Realty Trust, Inc. will post 6.1 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be paid a dividend of $0.93 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $3.72 annualized dividend and a yield of 3.25%. Digital Realty Trust’s dividend payout ratio (DPR) is 302.44%.

Several research analysts have recently commented on the company. SunTrust Banks reissued a “buy” rating and issued a $135.00 price target on shares of Digital Realty Trust in a research report on Friday, November 24th. TheStreet lowered Digital Realty Trust from a “b” rating to a “c+” rating in a research report on Monday, October 30th. Zacks Investment Research lowered Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. KeyCorp set a $130.00 price target on Digital Realty Trust and gave the stock a “buy” rating in a research report on Sunday, October 29th. Finally, Deutsche Bank boosted their price target on Digital Realty Trust from $111.00 to $130.00 and gave the stock a “hold” rating in a research report on Thursday, October 26th. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $125.07.

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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.

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

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