Aptus Capital Advisors LLC Has $8.03 Million Position in Digital Realty Trust, Inc. (NYSE:DLR)

Aptus Capital Advisors LLC grew its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 31.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,836 shares of the real estate investment trust's stock after purchasing an additional 12,575 shares during the quarter. Aptus Capital Advisors LLC's holdings in Digital Realty Trust were worth $8,034,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Gradient Investments LLC increased its stake in Digital Realty Trust by 75.2% in the second quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust's stock valued at $27,000 after purchasing an additional 76 shares during the period. American Capital Advisory LLC acquired a new position in Digital Realty Trust in the 2nd quarter valued at about $27,000. Private Ocean LLC acquired a new position in Digital Realty Trust in the 2nd quarter valued at about $27,000. Rise Advisors LLC raised its stake in Digital Realty Trust by 1,125.0% during the 1st quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust's stock valued at $28,000 after acquiring an additional 180 shares during the last quarter. Finally, GoalVest Advisory LLC acquired a new stake in Digital Realty Trust during the 1st quarter worth approximately $29,000. Hedge funds and other institutional investors own 99.71% of the company's stock.

Insider Buying and Selling

In other news, Director Jean F. H. P. Mandeville sold 600 shares of Digital Realty Trust stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $150.26, for a total value of $90,156.00. Following the completion of 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 document filed with the SEC, which is available through the SEC website. 0.17% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on DLR shares. The Goldman Sachs Group began coverage on Digital Realty Trust in a research note on Monday, July 1st. They set a "buy" rating and a $175.00 price target for the company. UBS Group raised their target price on shares of Digital Realty Trust from $143.00 to $147.00 and gave the stock a "neutral" rating in a research note on Friday, May 3rd. Argus lowered shares of Digital Realty Trust from a "buy" rating to a "hold" rating in a research note on Thursday, August 1st. TD Cowen reduced their price objective on shares of Digital Realty Trust from $122.00 to $120.00 and set a "hold" rating for the company in a research report on Friday, July 26th. Finally, Barclays boosted their target price on Digital Realty Trust from $123.00 to $130.00 and gave the stock an "underweight" rating in a research report on Wednesday, July 24th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $154.00.

Digital Realty Trust Price Performance

DLR traded up $2.11 during midday trading on Friday, reaching $151.61. 3,050,948 shares of the company's stock were exchanged, compared to its average volume of 1,853,039. The business's 50-day moving average price is $151.21 and its 200 day moving average price is $145.92. The stock has a market capitalization of $47.37 billion, a PE ratio of 42.11, a P/E/G ratio of 10.97 and a beta of 0.59. Digital Realty Trust, Inc. has a 1-year low of $113.94 and a 1-year high of $162.58. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.78 and a quick ratio of 1.29.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $1.63 by ($1.43). Digital Realty Trust had a net margin of 20.58% and a return on equity of 5.93%. The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same period in the previous year, the business earned $1.68 EPS. The firm's revenue was down .7% on a year-over-year basis. As a group, equities analysts anticipate that Digital Realty Trust, Inc. will post 6.67 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

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

Digital Realty Trust 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.