Digital Realty Trust, Inc. (NYSE:DLR) Stake Raised by D.A. Davidson & CO.

D.A. Davidson & CO. raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,754 shares of the real estate investment trust’s stock after acquiring an additional 1,133 shares during the quarter. D.A. Davidson & CO.’s holdings in Digital Realty Trust were worth $4,977,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Meeder Asset Management Inc. acquired a new stake in shares of Digital Realty Trust during the second quarter worth approximately $25,000. American Capital Advisory LLC purchased a new stake in Digital Realty Trust in the 2nd quarter worth approximately $27,000. Private Ocean LLC purchased a new position in shares of Digital Realty Trust during the 2nd quarter valued at $27,000. Gradient Investments LLC increased its stake in shares of 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 acquiring an additional 76 shares during the last quarter. Finally, Adirondack Trust Co. increased its stake in shares of Digital Realty Trust by 68.6% in the third quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 81 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Stifel Nicolaus boosted their target price on Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Scotiabank boosted their price target on 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. Evercore ISI lifted their target price on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Argus lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, 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 research note on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $170.37.

Digital Realty Trust Stock Performance

NYSE DLR opened at $195.31 on Thursday. The company’s fifty day moving average is $171.67 and its two-hundred day moving average is $157.53. Digital Realty Trust, Inc. has a 52-week low of $130.00 and a 52-week high of $195.93. 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 firm has a market capitalization of $64.79 billion, a price-to-earnings ratio of 164.13, a P/E/G ratio of 5.12 and a beta of 0.59.

Digital Realty Trust (NYSE:DLR) last released its 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 firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the business earned $1.62 earnings per share. Equities research analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be given a $1.22 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.88 annualized dividend and a yield of 2.50%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 410.08%.

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.