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4,990 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Purchased by Agate Pass Investment Management LLC

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Agate Pass Investment Management LLC acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 4,990 shares of the real estate investment trust's stock, valued at approximately $885,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its stake in Digital Realty Trust by 6.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust's stock valued at $61,643,000 after buying an additional 23,028 shares during the last quarter. Cumberland Partners Ltd lifted its holdings in Digital Realty Trust by 207.3% during the 3rd quarter. Cumberland Partners Ltd now owns 46,595 shares of the real estate investment trust's stock worth $7,540,000 after purchasing an additional 31,430 shares during the last quarter. TCW Group Inc. boosted its stake in Digital Realty Trust by 161.0% in the 3rd quarter. TCW Group Inc. now owns 50,696 shares of the real estate investment trust's stock valued at $8,204,000 after purchasing an additional 31,272 shares during the period. Sei Investments Co. increased its position in Digital Realty Trust by 11.2% during the 2nd quarter. Sei Investments Co. now owns 1,465,876 shares of the real estate investment trust's stock worth $222,886,000 after buying an additional 147,689 shares during the period. Finally, Prestige Wealth Management Group LLC increased its position in Digital Realty Trust by 3,056.0% during the third quarter. Prestige Wealth Management Group LLC now owns 4,229 shares of the real estate investment trust's stock worth $684,000 after acquiring an additional 4,095 shares during the period. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Down 0.8 %

NYSE DLR traded down $1.40 during trading on Monday, hitting $171.94. 1,797,786 shares of the company traded hands, compared to its average volume of 1,925,449. Digital Realty Trust, Inc. has a 12 month low of $131.42 and a 12 month high of $198.00. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. The business has a fifty day simple moving average of $183.46 and a 200 day simple moving average of $166.04. The company has a market capitalization of $57.03 billion, a P/E ratio of 144.49, a PEG ratio of 4.91 and a beta of 0.62.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.58). The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The business's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the business earned $1.62 EPS. As a group, sell-side analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, December 13th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.84%. The ex-dividend date is Friday, December 13th. Digital Realty Trust's dividend payout ratio (DPR) is currently 410.08%.

Insider Activity at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.17% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price target on Digital Realty Trust from $180.00 to $185.00 and gave the stock an "overweight" rating in a report on Friday, October 25th. Stifel Nicolaus raised their target price on Digital Realty Trust from $195.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday, November 21st. HSBC upgraded shares of Digital Realty Trust from a "reduce" rating to a "hold" rating and boosted their target price for the company from $124.00 to $160.00 in a report on Friday, October 4th. Barclays upped their target price on Digital Realty Trust from $135.00 to $142.00 and gave the stock an "underweight" rating in a research report on Monday, November 18th. Finally, Scotiabank lifted their price objective on shares of Digital Realty Trust from $157.00 to $178.00 and gave the stock a "sector perform" rating in a report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Digital Realty Trust has an average rating of "Moderate Buy" and a consensus price target of $174.74.

Check Out Our Latest Stock Report on Digital Realty Trust

Digital Realty Trust Profile

(Free Report)

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.

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

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