Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd boosted its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 106.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,905 shares of the real estate investment trust's stock after buying an additional 11,799 shares during the period. Y Intercept Hong Kong Ltd's holdings in Digital Realty Trust were worth $3,707,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Clear Creek Financial Management LLC boosted its holdings in shares of Digital Realty Trust by 1.6% in the third quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust's stock valued at $621,000 after acquiring an additional 59 shares in the last quarter. OneDigital Investment Advisors LLC boosted its holdings in Digital Realty Trust by 3.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust's stock valued at $305,000 after purchasing an additional 59 shares in the last quarter. Trueblood Wealth Management LLC increased its position in Digital Realty Trust by 3.1% during the 3rd quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust's stock worth $334,000 after purchasing an additional 61 shares during the period. GHP Investment Advisors Inc. raised its stake in shares of Digital Realty Trust by 14.3% during the 3rd quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust's stock worth $85,000 after buying an additional 66 shares in the last quarter. Finally, Telos Capital Management Inc. lifted its holdings in shares of Digital Realty Trust by 0.8% in the 3rd quarter. Telos Capital Management Inc. now owns 8,569 shares of the real estate investment trust's stock valued at $1,387,000 after buying an additional 71 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have issued reports on the company. TD Cowen increased their price objective on Digital Realty Trust from $120.00 to $128.00 and gave the stock a "hold" rating in a research report on Friday, October 25th. Wells Fargo & Company increased their price target 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. Scotiabank raised their price objective on shares of Digital Realty Trust from $157.00 to $178.00 and gave the company a "sector perform" rating in a research note on Friday, October 25th. HSBC upgraded shares of Digital Realty Trust from a "reduce" rating to a "hold" rating and upped their target price for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. Finally, Hsbc Global Res upgraded shares of Digital Realty Trust from a "moderate sell" rating to a "hold" rating in a research report on Friday, October 4th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $170.37.

Digital Realty Trust Trading Down 2.3 %

Shares of DLR traded down $4.52 on Monday, hitting $188.17. 2,309,534 shares of the stock traded hands, compared to its average volume of 1,875,613. Digital Realty Trust, Inc. has a 1 year low of $130.00 and a 1 year high of $198.00. The stock's 50 day moving average is $176.64 and its two-hundred day moving average is $160.36. The firm has a market capitalization of $62.42 billion, a P/E ratio of 158.13, a P/E/G ratio of 5.11 and a beta of 0.62. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $1.67 by ($1.58). The business had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The company's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.62 EPS. As a group, sell-side 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 disclosed 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. The ex-dividend date is Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.59%. Digital Realty Trust's payout ratio is currently 410.08%.

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.