Digital Realty Trust, Inc. (NYSE:DLR) Stake Decreased by Stifel Financial Corp

Stifel Financial Corp reduced its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 1.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 459,268 shares of the real estate investment trust's stock after selling 8,283 shares during the quarter. Stifel Financial Corp owned about 0.14% of Digital Realty Trust worth $74,323,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Digital Realty Trust by 501.7% in the third 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 during the period. Pathway Financial Advisers LLC raised its position in Digital Realty Trust by 15,301.1% in the third quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust's stock valued at $299,433,000 after purchasing an additional 1,838,278 shares during the period. Massachusetts Financial Services Co. MA raised its position in Digital Realty Trust by 543.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust's stock valued at $220,068,000 after purchasing an additional 1,773,591 shares during the period. Point72 Asset Management L.P. purchased a new position in Digital Realty Trust in the third quarter valued at about $132,980,000. Finally, Wulff Hansen & CO. raised its position in Digital Realty Trust by 15,105.0% in the second quarter. Wulff Hansen & CO. now owns 795,830 shares of the real estate investment trust's stock valued at $121,006,000 after purchasing an additional 790,596 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on DLR shares. Raymond James raised their price objective 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. 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. HSBC upgraded Digital Realty Trust from a "reduce" rating to a "hold" rating and raised their target price for the company from $124.00 to $160.00 in a research note on Friday, October 4th. Stifel Nicolaus raised their target price on Digital Realty Trust from $195.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. Finally, Hsbc Global Res upgraded Digital Realty Trust from a "moderate sell" rating to a "hold" rating in a research note on Friday, October 4th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $170.37.

Digital Realty Trust Stock Performance

DLR stock traded up $1.61 during midday trading on Friday, reaching $192.69. The company had a trading volume of 2,073,824 shares, compared to its average volume of 2,090,059. 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 stock has a 50 day moving average price of $176.11 and a 200 day moving average price of $159.92. Digital Realty Trust, Inc. has a fifty-two week low of $130.00 and a fifty-two week high of $198.00. The firm has a market capitalization of $63.92 billion, a PE ratio of 161.92, a P/E/G ratio of 5.07 and a beta of 0.62.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its 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 net margin of 8.04% and a return on equity of 2.24%. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the previous year, the firm earned $1.62 earnings per share. The business's revenue was up 2.1% on a year-over-year basis. Analysts anticipate 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 is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.53%. Digital Realty Trust's 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.