Digital Realty Trust, Inc. (NYSE:DLR) Short Interest Down 5.4% in August

Digital Realty Trust, Inc. (NYSE:DLR - Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 15th, there was short interest totalling 8,120,000 shares, a decrease of 5.4% from the July 31st total of 8,580,000 shares. Based on an average trading volume of 1,520,000 shares, the days-to-cover ratio is presently 5.3 days.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock traded up $2.11 on Monday, reaching $151.61. 3,050,900 shares of the company traded hands, compared to its average volume of 1,853,039. Digital Realty Trust has a 52 week low of $113.94 and a 52 week high of $162.58. The company has a 50 day moving average of $151.30 and a 200 day moving average of $146.00. The firm has a market capitalization of $49.64 billion, a PE ratio of 42.11, a PEG ratio of 4.84 and a beta of 0.59. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.78 and a quick ratio of 1.78.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $1.63 by ($1.43). The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.38 billion. Digital Realty Trust had a return on equity of 5.93% and a net margin of 20.58%. The firm's quarterly revenue was down .7% on a year-over-year basis. During the same period last year, the business posted $1.68 earnings per share. Equities analysts forecast that Digital Realty Trust will post 6.65 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.22%. The ex-dividend date is Friday, September 13th. Digital Realty Trust's dividend payout ratio (DPR) is presently 135.56%.

Analyst Upgrades and Downgrades

DLR has been the topic of a number of research analyst reports. Mizuho initiated coverage on shares of Digital Realty Trust in a research report on Thursday, July 11th. They set an "outperform" rating and a $170.00 price objective on the stock. TD Cowen cut their price objective on shares of Digital Realty Trust from $122.00 to $120.00 and set a "hold" rating on the stock in a research report on Friday, July 26th. Barclays increased their price objective on shares of Digital Realty Trust from $123.00 to $130.00 and gave the stock an "underweight" rating in a research report on Wednesday, July 24th. The Goldman Sachs Group initiated coverage on shares of Digital Realty Trust in a research report on Monday, July 1st. They set a "buy" rating and a $175.00 price objective on the stock. Finally, BMO Capital Markets raised shares of Digital Realty Trust from a "market perform" rating to an "outperform" rating and increased their price objective for the stock from $144.00 to $170.00 in a research report on Wednesday, June 26th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $154.00.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 600 shares of the company's stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $150.26, for a total transaction of $90,156.00. Following the sale, the director now owns 9,055 shares of the company's stock, valued at $1,360,604.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.17% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Public Employees Retirement System of Ohio boosted its holdings in Digital Realty Trust by 1.6% in the 4th quarter. Public Employees Retirement System of Ohio now owns 587,561 shares of the real estate investment trust's stock valued at $79,074,000 after purchasing an additional 9,158 shares during the period. Bessemer Group Inc. boosted its holdings in Digital Realty Trust by 102.1% in the 1st quarter. Bessemer Group Inc. now owns 19,528 shares of the real estate investment trust's stock valued at $2,813,000 after purchasing an additional 9,865 shares during the period. Clearbridge Investments LLC boosted its holdings in Digital Realty Trust by 17.7% in the 4th quarter. Clearbridge Investments LLC now owns 235,669 shares of the real estate investment trust's stock valued at $31,716,000 after purchasing an additional 35,456 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Digital Realty Trust by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,236,434 shares of the real estate investment trust's stock valued at $435,559,000 after purchasing an additional 85,262 shares during the period. Finally, Treasurer of the State of North Carolina boosted its holdings in Digital Realty Trust by 2.1% in the 4th quarter. Treasurer of the State of North Carolina now owns 137,892 shares of the real estate investment trust's stock valued at $18,558,000 after purchasing an additional 2,840 shares during the period. 99.71% of the stock is owned by institutional investors.

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.