Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lowered its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 7.5% during the second quarter, Holdings Channel reports. The fund owned 46,774 shares of the real estate investment trust’s stock after selling 3,775 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Digital Realty Trust were worth $5,283,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in DLR. Ledyard National Bank boosted its stake in shares of Digital Realty Trust by 15.9% in the first quarter. Ledyard National Bank now owns 1,095 shares of the real estate investment trust’s stock worth $116,000 after buying an additional 150 shares during the last quarter. Muzinich & Co. Inc. boosted its stake in shares of Digital Realty Trust by 37.1% in the first quarter. Muzinich & Co. Inc. now owns 1,414 shares of the real estate investment trust’s stock worth $150,000 after buying an additional 383 shares during the last quarter. Westside Investment Management Inc. bought a new stake in shares of Digital Realty Trust during the first quarter worth $160,000. Rothschild Investment Corp IL bought a new stake in shares of Digital Realty Trust during the second quarter worth $211,000. Finally, AXA bought a new stake in shares of Digital Realty Trust during the first quarter worth $200,000.

Shares of Digital Realty Trust, Inc. (NYSE DLR) opened at 111.82 on Friday. Digital Realty Trust, Inc. has a 52-week low of $85.63 and a 52-week high of $121.53. The company has a 50-day moving average price of $113.61 and a 200 day moving average price of $111.16. The firm has a market capitalization of $18.14 billion, a PE ratio of 45.42 and a beta of -0.03.

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

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

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A number of analysts have recently weighed in on the company. Zacks Investment Research cut Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. BidaskClub upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Royal Bank Of Canada reiterated a “buy” rating and set a $127.00 price target on shares of Digital Realty Trust in a research report on Thursday, June 8th. Jefferies Group LLC reiterated a “hold” rating and set a $120.00 price target on shares of Digital Realty Trust in a research report on Friday, July 14th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $117.00 price target on shares of Digital Realty Trust in a research report on Friday, July 21st. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of $116.67.

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

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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