55,806 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Bought by Easterly Investment Partners LLC

Easterly Investment Partners LLC acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 55,806 shares of the real estate investment trust's stock, valued at approximately $9,031,000.

Several other large investors have also recently added to or reduced their stakes in the company. Clear Creek Financial Management LLC grew its stake in Digital Realty Trust by 1.6% during the third quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust's stock worth $621,000 after buying an additional 59 shares during the last quarter. Trueblood Wealth Management LLC grew its stake in shares of Digital Realty Trust by 3.1% during the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust's stock valued at $334,000 after purchasing an additional 61 shares during the last quarter. Gilman Hill Asset Management LLC grew its stake in shares of Digital Realty Trust by 1.1% during the second quarter. Gilman Hill Asset Management LLC now owns 6,179 shares of the real estate investment trust's stock valued at $940,000 after purchasing an additional 65 shares during the last quarter. 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 purchasing an additional 66 shares during the last quarter. Finally, Telos Capital Management Inc. grew its stake in shares of Digital Realty Trust by 0.8% during the third quarter. Telos Capital Management Inc. now owns 8,569 shares of the real estate investment trust's stock valued at $1,387,000 after purchasing an additional 71 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Trading Up 1.9 %

DLR traded up $3.46 during mid-day trading on Friday, hitting $181.93. The stock had a trading volume of 2,228,932 shares, compared to its average volume of 1,857,373. The stock's fifty day simple moving average is $163.54 and its 200-day simple moving average is $153.43. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.78. The firm has a market capitalization of $60.35 billion, a price-to-earnings ratio of 152.88, a price-to-earnings-growth ratio of 5.70 and a beta of 0.59. Digital Realty Trust, Inc. has a 1-year low of $126.22 and a 1-year high of $193.88.

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 EPS for the quarter, missing analysts' consensus estimates 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 company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the previous year, the business earned $1.62 earnings per share. The company's revenue was up 2.1% on a year-over-year basis. As a group, research analysts forecast that Digital Realty Trust, Inc. will post 6.7 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be issued a dividend of $1.22 per share. 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 2.68%. Digital Realty Trust's payout ratio is 410.08%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Mizuho assumed coverage on shares of Digital Realty Trust in a research note on Thursday, July 11th. They set an "outperform" rating and a $170.00 price target on the stock. Evercore ISI increased their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an "outperform" rating in a research note on Wednesday, October 23rd. Jefferies Financial Group increased their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a "buy" rating in a research note on Friday, October 25th. JPMorgan Chase & Co. raised 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 note on Friday, October 25th. Finally, Stifel Nicolaus reaffirmed a "buy" rating and issued a $195.00 price objective (up from $185.00) on shares of Digital Realty Trust in a research note on Friday, October 25th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Digital Realty Trust currently has an average rating of "Hold" and a consensus price target of $167.68.

About Digital Realty Trust

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.