Benjamin Edwards Inc. Buys 36,939 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Benjamin Edwards Inc. raised its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 10,864.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 37,279 shares of the real estate investment trust's stock after buying an additional 36,939 shares during the period. Benjamin Edwards Inc.'s holdings in Digital Realty Trust were worth $6,035,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cumberland Partners Ltd boosted its holdings in shares of 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. Cetera Investment Advisers raised its position in shares of Digital Realty Trust by 295.5% during the 1st quarter. Cetera Investment Advisers now owns 31,665 shares of the real estate investment trust's stock valued at $4,561,000 after buying an additional 23,659 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of Digital Realty Trust by 6.4% during 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 period. QRG Capital Management Inc. raised its position in Digital Realty Trust by 652.4% in the second quarter. QRG Capital Management Inc. now owns 29,292 shares of the real estate investment trust's stock valued at $4,454,000 after purchasing an additional 25,399 shares during the period. Finally, Choreo LLC raised its position in Digital Realty Trust by 86.8% in the second quarter. Choreo LLC now owns 8,782 shares of the real estate investment trust's stock valued at $1,336,000 after purchasing an additional 4,081 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on DLR shares. Stifel Nicolaus boosted their target price on Digital Realty Trust from $195.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. TD Cowen boosted their target price on Digital Realty Trust from $120.00 to $128.00 and gave the company a "hold" rating in a research report on Friday, October 25th. Evercore ISI boosted their target price on Digital Realty Trust from $160.00 to $175.00 and gave the company an "outperform" rating in a research report on Wednesday, October 23rd. Hsbc Global Res raised Digital Realty Trust from a "moderate sell" rating to a "hold" rating in a research report on Friday, October 4th. Finally, Raymond James upped their price objective on Digital Realty Trust from $170.00 to $190.00 and gave the stock a "strong-buy" rating in a research report on Friday, October 25th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $170.37.

Digital Realty Trust Stock Performance

DLR traded down $0.20 on Wednesday, hitting $190.87. The company had a trading volume of 1,506,286 shares, compared to its average volume of 1,874,485. The company's fifty day moving average price is $174.90 and its 200 day moving average price is $159.25. Digital Realty Trust, Inc. has a 1-year low of $130.00 and a 1-year high of $198.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. The stock has a market cap of $63.31 billion, a price-to-earnings ratio of 160.39, a price-to-earnings-growth ratio of 5.10 and a beta of 0.62.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $1.67 by ($1.58). Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter last 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. Equities analysts predict that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date is Friday, December 13th. Digital Realty Trust's dividend payout ratio is presently 410.08%.

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.