Aptus Capital Advisors LLC Acquires 10,906 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Aptus Capital Advisors LLC lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 20.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 63,742 shares of the real estate investment trust's stock after buying an additional 10,906 shares during the period. Aptus Capital Advisors LLC's holdings in Digital Realty Trust were worth $10,315,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Digital Realty Trust by 2.0% during the first quarter. Vanguard Group Inc. now owns 48,503,593 shares of the real estate investment trust's stock worth $6,986,458,000 after acquiring an additional 951,567 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in Digital Realty Trust by 3.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,826,432 shares of the real estate investment trust's stock valued at $733,859,000 after purchasing an additional 146,183 shares during the period. Legal & General Group Plc grew its position in Digital Realty Trust by 2.8% in the 2nd quarter. Legal & General Group Plc now owns 4,730,168 shares of the real estate investment trust's stock worth $719,222,000 after purchasing an additional 129,799 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Digital Realty Trust by 16.8% in the second quarter. Daiwa Securities Group Inc. now owns 4,725,971 shares of the real estate investment trust's stock valued at $718,584,000 after purchasing an additional 678,165 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Digital Realty Trust by 5.3% during the second quarter. Dimensional Fund Advisors LP now owns 4,541,327 shares of the real estate investment trust's stock valued at $690,498,000 after buying an additional 228,585 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Stock Down 1.5 %

Shares of DLR stock traded down $2.66 during trading on Wednesday, hitting $178.13. 1,826,585 shares of the company were exchanged, compared to its average volume of 1,858,478. The business's 50-day simple moving average is $164.79 and its 200 day simple moving average is $154.18. Digital Realty Trust, Inc. has a twelve month low of $130.00 and a twelve month high of $193.88. The firm has a market capitalization of $59.09 billion, a price-to-earnings ratio of 151.36, a P/E/G ratio of 4.80 and a beta of 0.59. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 analyst estimates of $1.43 billion. During the same period last year, the business earned $1.62 EPS. The company's quarterly revenue was up 2.1% on a year-over-year basis. As a group, analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date is Friday, December 13th. Digital Realty Trust's dividend payout ratio (DPR) is presently 410.08%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on DLR shares. Stifel Nicolaus restated a "buy" rating and issued a $195.00 target price (up from $185.00) on shares of Digital Realty Trust in a research report on Friday, October 25th. Wells Fargo & Company upped their price objective on shares of Digital Realty Trust from $175.00 to $185.00 and gave the stock an "overweight" rating in a report on Friday, October 25th. Evercore ISI increased their price target on Digital Realty Trust from $160.00 to $175.00 and gave the company an "outperform" rating in a research note on Wednesday, October 23rd. TD Cowen lifted their price objective on shares of Digital Realty Trust from $120.00 to $128.00 and gave the stock a "hold" rating in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an "overweight" rating in a report on Friday, October 25th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price 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.