Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 51.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,184 shares of the real estate investment trust's stock after buying an additional 3,473 shares during the period. Quantinno Capital Management LP's holdings in Digital Realty Trust were worth $1,648,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of DLR. Daiwa Securities Group Inc. lifted its stake in Digital Realty Trust by 2.5% in the third quarter. Daiwa Securities Group Inc. now owns 4,843,432 shares of the real estate investment trust's stock worth $783,812,000 after acquiring an additional 117,461 shares during the period. Canada Pension Plan Investment Board boosted its stake in shares of Digital Realty Trust by 3.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,826,432 shares of the real estate investment trust's stock valued at $733,859,000 after purchasing an additional 146,183 shares in the last quarter. Legal & General Group Plc increased its position in shares of Digital Realty Trust by 2.8% during the second quarter. Legal & General Group Plc now owns 4,730,168 shares of the real estate investment trust's stock valued at $719,222,000 after buying an additional 129,799 shares during the period. Dimensional Fund Advisors LP raised its stake in Digital Realty Trust by 5.3% in the second quarter. Dimensional Fund Advisors LP now owns 4,541,327 shares of the real estate investment trust's stock worth $690,498,000 after buying an additional 228,585 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Digital Realty Trust by 501.7% in the third 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 buying an additional 3,607,802 shares during the period. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Performance

NYSE DLR traded down $0.08 on Thursday, reaching $187.14. 2,061,168 shares of the company's stock traded hands, compared to its average volume of 1,876,182. Digital Realty Trust, Inc. has a fifty-two week low of $130.00 and a fifty-two week high of $198.00. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. The firm has a market cap of $62.08 billion, a price-to-earnings ratio of 157.25, a P/E/G ratio of 5.11 and a beta of 0.62. The stock has a 50 day moving average price of $177.70 and a 200-day moving average price of $160.85.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($1.58). The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The business's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the firm earned $1.62 EPS. Equities research analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Friday, December 13th. Digital Realty Trust's dividend payout ratio (DPR) is 410.08%.

Insider Activity at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.17% of the company's stock.

Wall Street Analysts Forecast Growth

DLR has been the subject of several recent research reports. Royal Bank of Canada raised their price objective on Digital Realty Trust from $177.00 to $207.00 and gave the company an "outperform" rating in a research report on Monday, October 28th. Raymond James raised their price objective on Digital Realty Trust from $170.00 to $190.00 and gave the company a "strong-buy" rating in a research report on Friday, October 25th. HSBC raised Digital Realty Trust from a "reduce" rating to a "hold" rating and boosted their target price for the stock from $124.00 to $160.00 in a report on Friday, October 4th. Scotiabank lifted their price target on Digital Realty Trust from $157.00 to $178.00 and gave the stock a "sector perform" rating in a research report on Friday, October 25th. Finally, TD Cowen increased their price objective on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a "hold" rating in a research report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $171.68.

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.