Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by Franklin Street Advisors Inc. NC

Franklin Street Advisors Inc. NC raised its position in Digital Realty Trust, Inc. (NYSE:DLR) by 1.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,116 shares of the real estate investment trust’s stock after acquiring an additional 1,041 shares during the quarter. Franklin Street Advisors Inc. NC’s holdings in Digital Realty Trust were worth $10,376,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DLR. Meeder Asset Management Inc. purchased a new stake in Digital Realty Trust during the second quarter worth approximately $25,000. Gradient Investments LLC grew its holdings in Digital Realty Trust by 75.2% during 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 period. American Capital Advisory LLC acquired a new stake in Digital Realty Trust in the second quarter valued at $27,000. Private Ocean LLC acquired a new stake in Digital Realty Trust in the second quarter valued at $27,000. Finally, Rise Advisors LLC lifted its position in shares of Digital Realty Trust by 1,125.0% in the first quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 180 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Jean F. H. P. Mandeville sold 600 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $150.26, for a total transaction of $90,156.00. Following the completion of the sale, the director now owns 9,055 shares in the company, valued at $1,360,604.30. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DLR shares. Stifel Nicolaus increased their target price on Digital Realty Trust from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, July 12th. Hsbc Global Res upgraded Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a research note on Friday, October 4th. JPMorgan Chase & Co. raised their price objective on Digital Realty Trust from $175.00 to $180.00 and gave the company an “overweight” rating in a research note on Tuesday, October 1st. Argus downgraded Digital Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Finally, TD Cowen reduced their target price on Digital Realty Trust from $122.00 to $120.00 and set a “hold” rating on the stock in a report on Friday, July 26th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $156.89.

Digital Realty Trust Price Performance

Digital Realty Trust stock traded up $0.37 during midday trading on Friday, reaching $159.22. The company’s stock had a trading volume of 14,083 shares, compared to its average volume of 1,817,329. The business has a 50-day moving average price of $154.15 and a 200-day moving average price of $148.83. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.81. The stock has a market cap of $52.13 billion, a PE ratio of 46.31, a price-to-earnings-growth ratio of 5.08 and a beta of 0.60. Digital Realty Trust, Inc. has a 52 week low of $113.94 and a 52 week high of $165.17.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($1.43). The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.38 billion. Digital Realty Trust had a return on equity of 5.93% and a net margin of 20.58%. Digital Realty Trust’s revenue was down .7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.68 earnings per share. On average, sell-side analysts predict that Digital Realty Trust, Inc. will post 6.65 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.06%. The ex-dividend date of this dividend was Friday, September 13th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 142.27%.

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.