Banque Cantonale Vaudoise grew its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 14.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 24,534 shares of the real estate investment trust's stock after purchasing an additional 3,182 shares during the quarter. Banque Cantonale Vaudoise's holdings in Digital Realty Trust were worth $3,970,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. Pathway Financial Advisers LLC grew its holdings in Digital Realty Trust by 15,301.1% during the 3rd quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust's stock worth $299,433,000 after acquiring an additional 1,838,278 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Digital Realty Trust by 543.6% during 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 last quarter. Wulff Hansen & CO. increased its holdings in shares of 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 in the last quarter. Electron Capital Partners LLC raised its position in Digital Realty Trust by 220.7% in the 2nd quarter. Electron Capital Partners LLC now owns 1,041,594 shares of the real estate investment trust's stock worth $158,374,000 after purchasing an additional 716,816 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in Digital Realty Trust by 16.8% during the 2nd quarter. Daiwa Securities Group Inc. now owns 4,725,971 shares of the real estate investment trust's stock worth $718,584,000 after buying an additional 678,165 shares in the last quarter. Institutional investors own 99.71% of the company's stock.
Digital Realty Trust Stock Down 0.7 %
DLR stock traded down $1.36 during trading hours on Wednesday, reaching $185.91. 1,432,792 shares of the stock were exchanged, compared to its average volume of 1,863,995. 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 $61.67 billion, a price-to-earnings ratio of 157.36, a PEG ratio of 4.77 and a beta of 0.59. The firm's 50-day moving average is $167.85 and its 200-day moving average is $155.59. Digital Realty Trust, Inc. has a 12 month low of $130.00 and a 12 month high of $193.88.
Digital Realty Trust (NYSE:DLR - Get Free Report) last released its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.58). The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The company's revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.62 EPS. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.
Digital Realty Trust Announces Dividend
The firm also recently declared 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 2.62%. Digital Realty Trust's payout ratio is currently 410.08%.
Wall Street Analysts Forecast Growth
DLR has been the subject of a number of recent research reports. Stifel Nicolaus restated a "buy" rating and set a $195.00 target price (up previously from $185.00) on shares of Digital Realty Trust in a research report on Friday, October 25th. 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 report on Monday, October 28th. Evercore ISI boosted their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 23rd. Truist Financial raised their price objective on shares of Digital Realty Trust from $168.00 to $202.00 and gave the company a "buy" rating in a research note on Tuesday, November 12th. Finally, JPMorgan Chase & Co. increased their price target 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. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $169.84.
Check Out Our Latest Analysis on Digital Realty Trust
About Digital Realty Trust
(
Free Report)
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.
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