Swiss National Bank Boosts Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Swiss National Bank lifted its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 963,149 shares of the real estate investment trust's stock after acquiring an additional 38,500 shares during the period. Swiss National Bank owned 0.29% of Digital Realty Trust worth $155,866,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Meeder Asset Management Inc. bought a new stake in Digital Realty Trust in the second quarter worth about $25,000. Gradient Investments LLC lifted 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 worth $27,000 after purchasing an additional 76 shares during the last quarter. American Capital Advisory LLC bought a new stake in Digital Realty Trust in the second quarter worth about $27,000. Private Ocean LLC purchased a new position in shares of Digital Realty Trust during the second quarter worth approximately $27,000. Finally, Asset Dedication LLC purchased a new position in shares of Digital Realty Trust during the second quarter worth approximately $31,000. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Stock Performance

Shares of DLR stock traded up $3.59 during mid-day trading on Monday, hitting $183.26. The stock had a trading volume of 2,316,409 shares, compared to its average volume of 1,866,850. Digital Realty Trust, Inc. has a fifty-two week low of $130.00 and a fifty-two week high of $193.88. The firm has a market cap of $60.79 billion, a PE ratio of 150.98, a PEG ratio of 4.77 and a beta of 0.59. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. The company's 50-day simple moving average is $166.56 and its 200-day simple moving average is $155.01.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter last year, the business posted $1.62 EPS. The firm's revenue was up 2.1% on a year-over-year basis. Sell-side analysts anticipate that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.66%. The ex-dividend date is Friday, December 13th. Digital Realty Trust's dividend payout ratio (DPR) is 410.08%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. raised their target price on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an "overweight" rating in a research report on Friday, October 25th. Hsbc Global Res raised shares of Digital Realty Trust from a "moderate sell" rating to a "hold" rating in a report on Friday, October 4th. Jefferies Financial Group lifted their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a "buy" rating in a report on Friday, October 25th. Stifel Nicolaus reissued a "buy" rating and set a $195.00 price objective (up from $185.00) on shares of Digital Realty Trust in a report on Friday, October 25th. Finally, Wells Fargo & Company lifted their price objective on shares of Digital Realty Trust from $175.00 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, nine have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $169.84.

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.