Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Centiva Capital LP

Centiva Capital LP boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 88.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,295 shares of the real estate investment trust's stock after acquiring an additional 5,776 shares during the period. Centiva Capital LP's holdings in Digital Realty Trust were worth $1,990,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Meeder Asset Management Inc. purchased a new position in shares of Digital Realty Trust during the 2nd quarter valued at $25,000. Gradient Investments LLC raised its holdings in Digital Realty Trust by 75.2% during the second quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust's stock valued at $27,000 after acquiring an additional 76 shares during the period. American Capital Advisory LLC bought a new position in shares of Digital Realty Trust in the second quarter worth about $27,000. Private Ocean LLC purchased a new stake in shares of Digital Realty Trust during the second quarter worth about $27,000. Finally, Asset Dedication LLC bought a new stake in Digital Realty Trust during the 2nd quarter valued at approximately $31,000. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Down 0.5 %

NYSE:DLR traded down $0.99 during mid-day trading on Tuesday, reaching $191.17. The company's stock had a trading volume of 599,897 shares, compared to its average volume of 1,873,425. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 1 year low of $130.00 and a 1 year high of $198.00. The stock has a fifty day moving average of $173.14 and a 200-day moving average of $158.36. The firm has a market capitalization of $63.41 billion, a PE ratio of 161.49, a price-to-earnings-growth ratio of 5.19 and a beta of 0.62.

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 (EPS) for the quarter, missing the consensus estimate of $1.67 by ($1.58). The business had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The business's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.62 earnings per share. Equities 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 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 of this dividend is Friday, December 13th. This represents a $4.88 annualized dividend and a yield of 2.55%. Digital Realty Trust's dividend payout ratio (DPR) is presently 410.08%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. TD Cowen lifted their price objective on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a "hold" rating in a research report on Friday, October 25th. Raymond James lifted their price objective on Digital Realty Trust from $170.00 to $190.00 and gave the stock a "strong-buy" rating in a research note on Friday, October 25th. Stifel Nicolaus boosted their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday, November 21st. JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $180.00 to $185.00 and gave the company an "overweight" rating in a research report on Friday, October 25th. Finally, HSBC upgraded shares of Digital Realty Trust from a "reduce" rating to a "hold" rating and boosted their target price for the stock from $124.00 to $160.00 in a report on Friday, October 4th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $170.37.

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.