Hsbc Holdings PLC Boosts Position in Digital Realty Trust, Inc. (NYSE:DLR)

Hsbc Holdings PLC grew its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 22.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,163,948 shares of the real estate investment trust's stock after buying an additional 209,672 shares during the period. Hsbc Holdings PLC owned 0.37% of Digital Realty Trust worth $177,019,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Public Employees Retirement System of Ohio boosted its position in shares of 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 worth $79,074,000 after purchasing an additional 9,158 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of Digital Realty Trust by 102.1% during the first quarter. Bessemer Group Inc. now owns 19,528 shares of the real estate investment trust's stock worth $2,813,000 after acquiring an additional 9,865 shares during the last quarter. Clearbridge Investments LLC increased its holdings in shares of Digital Realty Trust by 17.7% during the fourth quarter. Clearbridge Investments LLC now owns 235,669 shares of the real estate investment trust's stock valued at $31,716,000 after acquiring an additional 35,456 shares in the last quarter. Treasurer of the State of North Carolina boosted its stake 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 worth $18,558,000 after purchasing an additional 2,840 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in Digital Realty Trust by 295.5% during the 1st quarter. Cetera Investment Advisers now owns 31,665 shares of the real estate investment trust's stock worth $4,561,000 after purchasing an additional 23,659 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Jean F. H. P. Mandeville sold 600 shares of the firm's 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 transaction, the director now owns 9,055 shares in the company, valued at approximately $1,360,604.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.17% of the company's stock.

Digital Realty Trust Price Performance

Shares of NYSE:DLR traded up $0.67 during midday trading on Wednesday, reaching $158.25. 1,481,333 shares of the company's stock traded hands, compared to its average volume of 1,833,640. The company has a market cap of $49.44 billion, a P/E ratio of 43.96, a PEG ratio of 5.06 and a beta of 0.60. The company has a fifty day simple moving average of $152.12 and a two-hundred day simple moving average of $147.23. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.78. Digital Realty Trust, Inc. has a 1 year low of $113.94 and a 1 year high of $162.58.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter last year, the business earned $1.68 EPS. The firm's revenue for the quarter was down .7% compared to the same quarter last year. Equities analysts predict that Digital Realty Trust, Inc. will post 6.65 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be given a $1.22 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $4.88 annualized dividend and a dividend yield of 3.08%. Digital Realty Trust's dividend payout ratio (DPR) is presently 135.56%.

Analysts Set New Price Targets

DLR has been the subject of several research reports. TD Cowen lowered 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 note on Friday, July 26th. Deutsche Bank Aktiengesellschaft increased their price objective on Digital Realty Trust from $143.00 to $145.00 and gave the company a "hold" rating in a report on Thursday, May 30th. Royal Bank of Canada lifted their target price on Digital Realty Trust from $144.00 to $160.00 and gave the stock an "outperform" rating in a report on Monday, June 3rd. Wells Fargo & Company raised their price target on shares of Digital Realty Trust from $155.00 to $170.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 23rd. Finally, Argus downgraded shares of Digital Realty Trust from a "buy" rating to a "hold" rating in a report on Thursday, August 1st. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $154.00.

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.