Wellington Management Group LLP Has $50.56 Million Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Wellington Management Group LLP trimmed its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 43.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 312,419 shares of the real estate investment trust's stock after selling 239,529 shares during the period. Wellington Management Group LLP owned 0.09% of Digital Realty Trust worth $50,559,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Meeder Asset Management Inc. bought a new position in shares of Digital Realty Trust during the second quarter worth approximately $25,000. American Capital Advisory LLC acquired a new position in shares of Digital Realty Trust in the second quarter valued at about $27,000. Private Ocean LLC bought a new position in Digital Realty Trust during the second quarter worth about $27,000. Gradient Investments LLC boosted its holdings in Digital Realty Trust by 75.2% in the 2nd quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust's stock valued at $27,000 after purchasing an additional 76 shares during the period. Finally, Adirondack Trust Co. grew its position in shares of Digital Realty Trust by 68.6% during the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust's stock worth $32,000 after purchasing an additional 81 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Trading Up 0.3 %

Shares of NYSE:DLR traded up $0.60 during midday trading on Thursday, hitting $187.82. 692,619 shares of the stock were exchanged, compared to its average volume of 1,870,381. The business's 50-day moving average price is $177.70 and its 200 day moving average price is $160.85. Digital Realty Trust, Inc. has a 12 month low of $130.00 and a 12 month 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 stock has a market capitalization of $62.30 billion, a price-to-earnings ratio of 157.25, a P/E/G ratio of 5.11 and a beta of 0.62.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its quarterly earnings results 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 business 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 company's revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.62 earnings per share. Analysts predict 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 declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, December 13th will be given a $1.22 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.60%. Digital Realty Trust's dividend payout ratio (DPR) is presently 410.08%.

Analyst Upgrades and Downgrades

DLR has been the topic of a number of recent research reports. Evercore ISI raised their price objective on Digital Realty Trust from $160.00 to $175.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 23rd. HSBC upgraded Digital Realty Trust from a "reduce" rating to a "hold" rating and raised their price target for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an "overweight" rating in a research note on Friday, October 25th. Barclays boosted their target price 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, November 18th. Finally, Scotiabank increased their price target on shares of 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. Two 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's stock. According to data from MarketBeat.com, the company presently 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.