Digital Realty Trust, Inc. (NYSE:DLR) is Duff & Phelps Investment Management Co.'s 5th Largest Position

Duff & Phelps Investment Management Co. boosted its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 16.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,285,883 shares of the real estate investment trust's stock after purchasing an additional 181,868 shares during the quarter. Digital Realty Trust comprises approximately 2.4% of Duff & Phelps Investment Management Co.'s holdings, making the stock its 5th largest holding. Duff & Phelps Investment Management Co. owned 0.39% of Digital Realty Trust worth $208,094,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dynamic Advisor Solutions LLC lifted its position in Digital Realty Trust by 0.6% during the second quarter. Dynamic Advisor Solutions LLC now owns 36,558 shares of the real estate investment trust's stock valued at $5,559,000 after purchasing an additional 230 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Digital Realty Trust by 15.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,104 shares of the real estate investment trust's stock valued at $1,840,000 after acquiring an additional 1,588 shares during the last quarter. Cooper Financial Group purchased a new position in Digital Realty Trust in the second quarter worth about $205,000. Wedmont Private Capital raised its position in Digital Realty Trust by 62.1% during the second quarter. Wedmont Private Capital now owns 3,447 shares of the real estate investment trust's stock valued at $546,000 after purchasing an additional 1,321 shares during the period. Finally, M&G Plc purchased a new stake in Digital Realty Trust during the second quarter valued at approximately $207,000. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Stock Down 2.3 %

Shares of DLR stock traded down $4.52 during mid-day trading on Monday, hitting $188.17. 2,309,534 shares of the stock traded hands, compared to its average volume of 1,875,613. Digital Realty Trust, Inc. has a 52-week low of $130.00 and a 52-week high of $198.00. The stock has a market cap of $62.42 billion, a P/E ratio of 161.92, a P/E/G ratio of 5.11 and a beta of 0.62. 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's fifty day moving average is $176.11 and its two-hundred day moving average is $160.04.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share 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 return on equity of 2.24% and a net margin of 8.04%. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.62 earnings per share. Equities analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, December 13th will be issued a $1.22 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.59%. Digital Realty Trust's dividend payout ratio is currently 410.08%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DLR. 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. Jefferies Financial Group boosted their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Barclays increased their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an "underweight" rating in a research report on Monday, November 18th. TD Cowen raised their price target on Digital Realty Trust from $120.00 to $128.00 and gave the stock a "hold" rating in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Digital Realty Trust from $180.00 to $185.00 and gave the company an "overweight" rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Digital Realty Trust presently has a consensus rating of "Moderate Buy" 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.