Public Sector Pension Investment Board Has $8.69 Million Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Public Sector Pension Investment Board raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 18.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,700 shares of the real estate investment trust's stock after purchasing an additional 8,288 shares during the quarter. Public Sector Pension Investment Board's holdings in Digital Realty Trust were worth $8,690,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in DLR. Clear Creek Financial Management LLC boosted its position in shares of Digital Realty Trust by 1.6% during the 3rd quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust's stock valued at $621,000 after acquiring an additional 59 shares during the last quarter. OneDigital Investment Advisors LLC increased its holdings in shares of Digital Realty Trust by 3.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust's stock worth $305,000 after buying an additional 59 shares during the last quarter. Trueblood Wealth Management LLC raised its position in shares of Digital Realty Trust by 3.1% during the 3rd quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust's stock valued at $334,000 after buying an additional 61 shares in the last quarter. Gilman Hill Asset Management LLC boosted its stake in Digital Realty Trust by 1.1% in the second quarter. Gilman Hill Asset Management LLC now owns 6,179 shares of the real estate investment trust's stock worth $940,000 after buying an additional 65 shares in the last quarter. Finally, GHP Investment Advisors Inc. grew its stake in shares of Digital Realty Trust by 14.3% during the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust's stock valued at $85,000 after buying an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Stock Up 0.2 %

NYSE:DLR traded up $0.41 during trading hours on Friday, reaching $195.69. The company's stock had a trading volume of 1,492,298 shares, compared to its average volume of 1,877,242. 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 company has a market cap of $64.91 billion, a price-to-earnings ratio of 164.45, a price-to-earnings-growth ratio of 5.18 and a beta of 0.59. Digital Realty Trust, Inc. has a one year low of $130.00 and a one year high of $198.00. The business's 50-day moving average is $173.14 and its 200-day moving average is $158.15.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted 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). Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the prior year, the company posted $1.62 earnings per share. Digital Realty Trust's quarterly revenue was up 2.1% on a year-over-year basis. Equities research analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors 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 dividend on an annualized basis and a dividend yield of 2.49%. Digital Realty Trust's payout ratio is 410.08%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Barclays boosted their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company an "underweight" rating in a research report on Monday, November 18th. Truist Financial increased their price target on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a "buy" rating in a research report on Tuesday, November 12th. Hsbc Global Res upgraded Digital Realty Trust from a "moderate sell" rating to a "hold" rating in a research report on Friday, October 4th. Raymond James increased their target price on Digital Realty Trust from $170.00 to $190.00 and gave the company a "strong-buy" rating in a research report on Friday, October 25th. Finally, Royal Bank of Canada boosted their price objective on Digital Realty Trust from $177.00 to $207.00 and gave the stock an "outperform" rating in a research note on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Digital Realty Trust currently has a consensus rating of "Hold" and a consensus price target 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.