B. Metzler seel. Sohn & Co. Holding AG Buys New Stake in Digital Realty Trust, Inc. (NYSE:DLR)

B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 44,800 shares of the real estate investment trust's stock, valued at approximately $7,250,000.

Other large investors have also bought and sold shares of the company. Meeder Asset Management Inc. bought a new position in Digital Realty Trust during the 2nd quarter worth $25,000. American Capital Advisory LLC bought a new position in shares of Digital Realty Trust in the 2nd quarter worth about $27,000. Private Ocean LLC bought a new position in shares of Digital Realty Trust in the 2nd quarter worth about $27,000. Gradient Investments LLC raised its position in shares of Digital Realty Trust by 75.2% in the 2nd quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Finally, Adirondack Trust Co. raised its position in shares of Digital Realty Trust by 68.6% in the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 81 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

DLR has been the subject of several research reports. JPMorgan Chase & Co. raised their target price on Digital Realty Trust from $180.00 to $185.00 and gave the company an "overweight" rating in a research note on Friday, October 25th. Evercore ISI raised their target price 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. Argus downgraded Digital Realty Trust from a "buy" rating to a "hold" rating in a research note on Thursday, August 1st. Jefferies Financial Group raised their target price on Digital Realty Trust from $190.00 to $205.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Finally, TD Cowen lifted their price target on Digital Realty Trust from $120.00 to $128.00 and gave the company a "hold" rating in a research note on Friday, October 25th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $169.84.

Digital Realty Trust Price Performance

DLR stock traded down $1.36 during mid-day trading on Wednesday, hitting $185.91. The company had a trading volume of 1,432,792 shares, compared to its average volume of 1,863,995. The company has a 50-day moving average price of $168.40 and a 200 day moving average price of $155.81. Digital Realty Trust, Inc. has a 12-month low of $130.00 and a 12-month high of $193.88. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $61.67 billion, a price-to-earnings ratio of 156.23, a P/E/G ratio of 4.77 and a beta of 0.59.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $1.67 by ($1.58). The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm earned $1.62 earnings per share. On average, research analysts anticipate that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, December 13th will be paid a $1.22 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.62%. Digital Realty Trust's dividend payout ratio is currently 410.08%.

Digital Realty Trust 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.