Public Employees Retirement System of Ohio Sells 23,211 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Public Employees Retirement System of Ohio lowered its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 3.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 579,071 shares of the real estate investment trust's stock after selling 23,211 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.17% of Digital Realty Trust worth $93,711,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Digital Realty Trust by 501.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust's stock worth $700,224,000 after acquiring an additional 3,607,802 shares during the period. Pathway Financial Advisers LLC boosted its position in Digital Realty Trust by 15,301.1% during the 3rd quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust's stock worth $299,433,000 after acquiring an additional 1,838,278 shares during the period. Massachusetts Financial Services Co. MA boosted its position in Digital Realty Trust by 543.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust's stock worth $220,068,000 after acquiring an additional 1,773,591 shares during the period. Point72 Asset Management L.P. acquired a new position in Digital Realty Trust during the 3rd quarter worth $132,980,000. Finally, Wulff Hansen & CO. boosted its position in Digital Realty Trust by 15,105.0% during the 2nd quarter. Wulff Hansen & CO. now owns 795,830 shares of the real estate investment trust's stock worth $121,006,000 after acquiring an additional 790,596 shares during the period. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Trading Down 2.6 %

Shares of NYSE DLR traded down $5.10 during midday trading on Monday, hitting $187.59. The stock had a trading volume of 1,071,172 shares, compared to its average volume of 1,870,105. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. Digital Realty Trust, Inc. has a fifty-two week low of $130.00 and a fifty-two week high of $198.00. The company's 50-day simple moving average is $176.11 and its 200 day simple moving average is $160.04. The firm has a market cap of $62.23 billion, a P/E ratio of 161.92, a price-to-earnings-growth ratio of 5.11 and a beta of 0.62.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced 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 period last year, the firm earned $1.62 earnings per share. The firm's revenue for the quarter was up 2.1% on a year-over-year basis. Research analysts anticipate that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, December 13th will be paid a $1.22 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.60%. Digital Realty Trust's payout ratio is 410.08%.

Wall Street Analyst Weigh In

DLR has been the subject of a number of analyst reports. HSBC upgraded Digital Realty Trust from a "reduce" rating to a "hold" rating and boosted their price target for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. Jefferies Financial Group upped their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the company a "buy" rating in a report on Friday, October 25th. Wells Fargo & Company upped their price objective on Digital Realty Trust from $175.00 to $185.00 and gave the company an "overweight" rating in a report on Friday, October 25th. Stifel Nicolaus upped their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the company a "buy" rating in a report on Thursday, November 21st. Finally, JPMorgan Chase & Co. upped their price objective on Digital Realty Trust from $180.00 to $185.00 and gave the company an "overweight" rating in a report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $170.37.

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.