American Assets Capital Advisers LLC Sells 42,691 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

American Assets Capital Advisers LLC reduced its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 36.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 74,630 shares of the real estate investment trust's stock after selling 42,691 shares during the period. Digital Realty Trust accounts for about 3.7% of American Assets Capital Advisers LLC's portfolio, making the stock its 11th largest holding. American Assets Capital Advisers LLC's holdings in Digital Realty Trust were worth $12,077,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DLR. Pathway Financial Advisers LLC increased its holdings in Digital Realty Trust by 15,301.1% during the third quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust's stock worth $299,433,000 after buying an additional 1,838,278 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Digital Realty Trust by 543.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust's stock worth $220,068,000 after purchasing an additional 1,773,591 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Digital Realty Trust by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 48,503,593 shares of the real estate investment trust's stock worth $6,986,458,000 after purchasing an additional 951,567 shares during the last quarter. Wulff Hansen & CO. increased its position in Digital Realty Trust by 15,105.0% during the second quarter. Wulff Hansen & CO. now owns 795,830 shares of the real estate investment trust's stock worth $121,006,000 after buying an additional 790,596 shares during the last quarter. Finally, Electron Capital Partners LLC increased its position in Digital Realty Trust by 220.7% during the second quarter. Electron Capital Partners LLC now owns 1,041,594 shares of the real estate investment trust's stock worth $158,374,000 after buying an additional 716,816 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Stock Down 1.2 %

Shares of Digital Realty Trust stock traded down $2.13 during trading hours on Tuesday, reaching $180.72. The company's stock had a trading volume of 1,935,990 shares, compared to its average volume of 1,858,455. Digital Realty Trust, Inc. has a one year low of $126.87 and a one year high of $193.88. The company has a market capitalization of $59.95 billion, a P/E ratio of 152.52, a P/E/G ratio of 4.83 and a beta of 0.59. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.61. The stock's fifty day simple moving average is $164.17 and its two-hundred day simple moving average is $153.92.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.58). Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the business posted $1.62 earnings per share. Digital Realty Trust's revenue was up 2.1% on a year-over-year basis. On average, research analysts forecast that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, December 13th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.70%. Digital Realty Trust's dividend payout ratio is currently 410.08%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DLR. Wells Fargo & Company boosted their target price on Digital Realty Trust from $175.00 to $185.00 and gave the stock an "overweight" rating in a report on Friday, October 25th. Barclays upped their price objective on shares of Digital Realty Trust from $130.00 to $135.00 and gave the company an "underweight" rating in a report on Thursday, October 10th. Jefferies Financial Group upped their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Raymond James upped their price target on shares of Digital Realty Trust from $170.00 to $190.00 and gave the company a "strong-buy" rating in a research note on Friday, October 25th. Finally, Hsbc Global Res raised Digital Realty Trust from a "moderate sell" rating to a "hold" rating in a research report on Friday, October 4th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $169.47.

Digital Realty Trust Company Profile

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.