Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 5.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 132,454 shares of the real estate investment trust's stock after selling 7,816 shares during the quarter. Victory Capital Management Inc.'s holdings in Digital Realty Trust were worth $21,435,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Pathway Financial Advisers LLC boosted its position in shares of 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 in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Digital Realty Trust by 543.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust's stock valued at $220,068,000 after purchasing an additional 1,773,591 shares in the last quarter. Wulff Hansen & CO. increased its stake in Digital Realty Trust by 15,105.0% in the second quarter. Wulff Hansen & CO. now owns 795,830 shares of the real estate investment trust's stock valued at $121,006,000 after purchasing an additional 790,596 shares during the last quarter. Electron Capital Partners LLC lifted its position in shares of Digital Realty Trust by 220.7% during the 2nd quarter. Electron Capital Partners LLC now owns 1,041,594 shares of the real estate investment trust's stock worth $158,374,000 after buying an additional 716,816 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Digital Realty Trust by 16.8% in the 2nd quarter. Daiwa Securities Group Inc. now owns 4,725,971 shares of the real estate investment trust's stock valued at $718,584,000 after buying an additional 678,165 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Price Performance

Shares of NYSE DLR traded up $3.98 during trading on Tuesday, hitting $187.27. 1,620,042 shares of the company were exchanged, compared to its average volume of 1,865,748. 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 1 year low of $130.00 and a 1 year high of $193.88. The company has a market cap of $62.12 billion, a price-to-earnings ratio of 153.88, a PEG ratio of 4.77 and a beta of 0.59. The firm's fifty day moving average price is $167.24 and its 200 day moving average price is $155.31.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released 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 analysts' expectations of $1.43 billion. During the same period in the prior year, the firm posted $1.62 EPS. The firm's quarterly revenue was up 2.1% on a year-over-year basis. On average, sell-side analysts expect that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Wells Fargo & Company lifted their price target on shares of Digital Realty Trust from $175.00 to $185.00 and gave the stock an "overweight" rating in a research note on Friday, October 25th. Raymond James boosted their target price on Digital Realty Trust from $170.00 to $190.00 and gave the company a "strong-buy" rating in a report on Friday, October 25th. Jefferies Financial Group lifted their price target on Digital Realty Trust from $190.00 to $205.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. HSBC upgraded shares of Digital Realty Trust from a "reduce" rating to a "hold" rating and raised their target price for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. Finally, Barclays upped their price target on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company an "underweight" rating in a research report on Monday. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $169.84.

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.