Bamco Inc. NY Purchases 11,103 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Bamco Inc. NY lifted its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 1.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 593,707 shares of the real estate investment trust's stock after purchasing an additional 11,103 shares during the quarter. Bamco Inc. NY owned 0.18% of Digital Realty Trust worth $96,080,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Daiwa Securities Group Inc. increased its stake in Digital Realty Trust by 2.5% during the 3rd quarter. Daiwa Securities Group Inc. now owns 4,843,432 shares of the real estate investment trust's stock valued at $783,812,000 after buying an additional 117,461 shares during the period. Canada Pension Plan Investment Board increased its stake in shares of Digital Realty Trust by 3.1% during the second 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 acquiring an additional 146,183 shares during the period. Legal & General Group Plc raised its holdings in Digital Realty Trust by 2.8% during the second 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 in the last quarter. Dimensional Fund Advisors LP lifted its position in Digital Realty Trust by 5.3% in the second quarter. Dimensional Fund Advisors LP now owns 4,541,327 shares of the real estate investment trust's stock worth $690,498,000 after purchasing an additional 228,585 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Digital Realty Trust by 501.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust's stock valued at $700,224,000 after purchasing an additional 3,607,802 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Stock Down 2.2 %

Shares of NYSE:DLR traded down $4.26 during midday trading on Monday, hitting $191.43. 1,635,270 shares of the stock were exchanged, compared to its average volume of 1,875,838. The company has a market capitalization of $63.50 billion, a PE ratio of 164.45, a P/E/G ratio of 5.19 and a beta of 0.59. Digital Realty Trust, Inc. has a 52-week low of $130.00 and a 52-week high of $198.00. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. The business's fifty day simple moving average is $173.14 and its two-hundred day simple moving average is $158.36.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) 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 firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the firm earned $1.62 earnings per share. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. As a group, research analysts predict that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date of this dividend is Friday, December 13th. Digital Realty Trust's dividend payout ratio is presently 410.08%.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Stifel Nicolaus upped their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the company a "buy" rating in a report on Thursday, November 21st. Evercore ISI upped their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an "outperform" rating in a report on Wednesday, October 23rd. Royal Bank of Canada lifted their price objective on shares of Digital Realty Trust from $177.00 to $207.00 and gave the stock an "outperform" rating in a research note on Monday, October 28th. Raymond James increased their target price 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, Jefferies Financial Group lifted their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Digital Realty Trust has a consensus rating of "Hold" and a consensus price target of $170.37.

About Digital Realty Trust

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.