Stratos Investment Management LLC Grows Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Stratos Investment Management LLC raised its position in Digital Realty Trust, Inc. (NYSE:DLR) by 7.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,137 shares of the real estate investment trust’s stock after acquiring an additional 1,066 shares during the quarter. Stratos Investment Management LLC’s holdings in Digital Realty Trust were worth $2,611,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of DLR. Meeder Asset Management Inc. purchased a new position in shares of Digital Realty Trust in the second quarter worth approximately $25,000. American Capital Advisory LLC purchased a new position in shares of Digital Realty Trust during the 2nd quarter worth $27,000. Private Ocean LLC bought a new stake 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 2nd quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 76 shares in the last quarter. Finally, Rise Advisors LLC raised its holdings in Digital Realty Trust by 1,125.0% in the 1st quarter. Rise Advisors LLC now owns 196 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 180 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have commented on the company. Stifel Nicolaus upped their price target 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. The Goldman Sachs Group began coverage on shares of Digital Realty Trust in a research note on Monday, July 1st. They set a “buy” rating and a $175.00 target price on the stock. 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. Argus downgraded shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Finally, HSBC raised 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 report on Friday, October 4th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $157.17.

Insider Activity at Digital Realty Trust

In other news, Director Jean F. H. P. Mandeville sold 600 shares of the company’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $150.26, for a total value of $90,156.00. Following the sale, the director now owns 9,055 shares in the company, valued at $1,360,604.30. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Stock Up 1.0 %

Shares of NYSE DLR opened at $165.35 on Friday. Digital Realty Trust, Inc. has a 12-month low of $113.94 and a 12-month high of $165.65. The stock has a market capitalization of $51.66 billion, a PE ratio of 45.93, a price-to-earnings-growth ratio of 5.08 and a beta of 0.60. 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’s fifty day simple moving average is $155.83 and its two-hundred day simple moving average is $149.69.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $1.63 by ($1.43). The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Digital Realty Trust had a net margin of 20.58% and a return on equity of 5.93%. The business’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.68 EPS. As a group, analysts expect that Digital Realty Trust, Inc. will post 6.65 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a $1.22 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.95%. Digital Realty Trust’s payout ratio is currently 135.56%.

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.