Manning & Napier Advisors LLC decreased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,700 shares of the real estate investment trust’s stock after selling 3,245 shares during the period. Manning & Napier Advisors LLC owned approximately 0.05% of Digital Realty Trust worth $10,258,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. National Planning Corp boosted its stake in Digital Realty Trust by 0.5% during the second quarter. National Planning Corp now owns 2,429 shares of the real estate investment trust’s stock worth $275,000 after acquiring an additional 12 shares in the last quarter. Blue Chip Partners Inc. boosted its stake in Digital Realty Trust by 0.8% during the second quarter. Blue Chip Partners Inc. now owns 1,842 shares of the real estate investment trust’s stock worth $208,000 after acquiring an additional 15 shares in the last quarter. Shoker Investment Counsel Inc. boosted its stake in Digital Realty Trust by 0.8% during the second quarter. Shoker Investment Counsel Inc. now owns 2,034 shares of the real estate investment trust’s stock worth $229,000 after acquiring an additional 17 shares in the last quarter. Carret Asset Management LLC boosted its stake in Digital Realty Trust by 1.0% during the second quarter. Carret Asset Management LLC now owns 3,236 shares of the real estate investment trust’s stock worth $366,000 after acquiring an additional 31 shares in the last quarter. Finally, Motco boosted its stake in Digital Realty Trust by 0.9% during the second quarter. Motco now owns 3,431 shares of the real estate investment trust’s stock worth $388,000 after acquiring an additional 32 shares in the last quarter.

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DLR has been the subject of several recent analyst reports. Stifel Nicolaus reaffirmed a “hold” rating and issued a $117.00 target price on shares of Digital Realty Trust in a report on Friday, July 21st. BidaskClub raised shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Zacks Investment Research cut shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Canaccord Genuity reaffirmed a “buy” rating and issued a $127.00 target price on shares of Digital Realty Trust in a report on Friday, August 18th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $130.00 target price on shares of Digital Realty Trust in a report on Friday, August 25th. Eleven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Digital Realty Trust presently has an average rating of “Hold” and an average target price of $125.43.

Shares of Digital Realty Trust, Inc. (NYSE:DLR) traded down $2.16 during mid-day trading on Friday, reaching $118.11. 798,878 shares of the company’s stock were exchanged, compared to its average volume of 1,267,094. Digital Realty Trust, Inc. has a twelve month low of $86.70 and a twelve month high of $127.23. The stock has a market capitalization of $24,260.00, a PE ratio of 20.52, a P/E/G ratio of 3.14 and a beta of -0.09. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.85.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.40 by $1.11. Digital Realty Trust had a net margin of 11.71% and a return on equity of 5.15%. The business had revenue of $609.90 million during the quarter, compared to analysts’ expectations of $595.49 million. During the same period in the prior year, the company earned $1.44 earnings per share. The firm’s revenue was up 11.6% on a year-over-year basis. sell-side analysts predict that Digital Realty Trust, Inc. will post 6.09 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.93 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $3.72 dividend on an annualized basis and a yield of 3.15%. Digital Realty Trust’s dividend payout ratio is currently 302.44%.

Digital Realty Trust 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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