Digital Realty Trust, Inc. (NYSE:DLR) Shares Acquired by Trustmark National Bank Trust Department

Trustmark National Bank Trust Department boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 8.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,816 shares of the real estate investment trust’s stock after buying an additional 640 shares during the quarter. Trustmark National Bank Trust Department’s holdings in Digital Realty Trust were worth $1,265,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Meeder Asset Management Inc. acquired a new position in Digital Realty Trust in the 2nd quarter valued at approximately $25,000. American Capital Advisory LLC purchased a new stake in shares of Digital Realty Trust during the second quarter worth $27,000. Private Ocean LLC acquired a new stake in Digital Realty Trust during the second quarter valued at $27,000. Gradient Investments LLC grew its stake in 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 valued at $27,000 after purchasing an additional 76 shares in the last quarter. Finally, Adirondack Trust Co. increased its position in Digital Realty Trust by 68.6% in 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 during the last quarter. Institutional investors own 99.71% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Hsbc Global Res upgraded shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a report on Friday, October 4th. JPMorgan Chase & Co. increased their price objective on Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Jefferies Financial Group boosted their target price on Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Royal Bank of Canada increased their price target on Digital Realty Trust from $177.00 to $207.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Finally, Raymond James boosted their price objective on shares of Digital Realty Trust from $170.00 to $190.00 and gave the stock a “strong-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 given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $170.37.

Digital Realty Trust Trading Up 0.8 %

NYSE DLR opened at $187.49 on Friday. The business has a 50 day moving average price of $168.94 and a 200-day moving average price of $156.03. Digital Realty Trust, Inc. has a 52 week low of $130.00 and a 52 week high of $193.88. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The company has a market cap of $62.19 billion, a price-to-earnings ratio of 157.55, a P/E/G ratio of 4.97 and a beta of 0.59.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.58). Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the previous year, the business posted $1.62 EPS. Digital Realty Trust’s revenue was up 2.1% compared to the same quarter last year. As a group, equities analysts expect that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, December 13th will be paid a $1.22 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.60%. Digital Realty Trust’s payout ratio is presently 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.