6,686 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Purchased by Impax Asset Management Group plc

Impax Asset Management Group plc purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 6,686 shares of the real estate investment trust's stock, valued at approximately $1,082,000.

A number of other large investors have also bought and sold shares of the stock. Clear Creek Financial Management LLC lifted its holdings in Digital Realty Trust by 1.6% in 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 period. Trueblood Wealth Management LLC raised its position in shares of Digital Realty Trust by 3.1% in the 3rd quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust's stock worth $334,000 after acquiring an additional 61 shares in the last quarter. Gilman Hill Asset Management LLC lifted its stake in shares of Digital Realty Trust by 1.1% in the 2nd 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 period. GHP Investment Advisors Inc. boosted its position 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 in the last quarter. Finally, Telos Capital Management Inc. grew its stake in Digital Realty Trust by 0.8% in the third quarter. Telos Capital Management Inc. now owns 8,569 shares of the real estate investment trust's stock worth $1,387,000 after purchasing an additional 71 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 recently issued reports on DLR shares. Scotiabank increased their price target on shares of Digital Realty Trust from $157.00 to $178.00 and gave the stock a "sector perform" rating in a research note on Friday, October 25th. Wells Fargo & Company raised their target price on shares of Digital Realty Trust from $175.00 to $185.00 and gave the company an "overweight" rating in a research note on Friday, October 25th. Argus cut Digital Realty Trust from a "buy" rating to a "hold" rating in a research report on Thursday, August 1st. HSBC raised Digital Realty Trust from a "reduce" rating to a "hold" rating and raised their price objective for the company from $124.00 to $160.00 in a research report on Friday, October 4th. Finally, Evercore ISI boosted their target price on Digital Realty Trust from $160.00 to $175.00 and gave the stock an "outperform" rating in a report on Wednesday, October 23rd. 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. According to data from MarketBeat, Digital Realty Trust has an average rating of "Hold" and a consensus price target of $169.47.

Digital Realty Trust Trading Up 0.8 %

DLR stock opened at $179.67 on Friday. Digital Realty Trust, Inc. has a 52-week low of $130.00 and a 52-week high of $193.88. 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 firm has a market cap of $59.60 billion, a P/E ratio of 150.98, a PEG ratio of 4.77 and a beta of 0.59. The company's 50-day simple moving average is $166.56 and its 200-day simple moving average is $154.89.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly 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). 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 during the quarter, compared to analysts' expectations of $1.43 billion. During the same period in the previous year, the firm posted $1.62 EPS. Digital Realty Trust's revenue was up 2.1% compared to the same quarter last year. As a group, equities analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal 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 issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend is Friday, December 13th. Digital Realty Trust's payout ratio is currently 410.08%.

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.