Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 15,301.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,850,292 shares of the real estate investment trust’s stock after purchasing an additional 1,838,278 shares during the quarter. Digital Realty Trust comprises about 1.9% of Pathway Financial Advisers LLC’s holdings, making the stock its 15th biggest holding. Pathway Financial Advisers LLC owned about 0.59% of Digital Realty Trust worth $299,433,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in DLR. Massachusetts Financial Services Co. MA raised its position in Digital Realty Trust by 543.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust’s stock valued at $220,068,000 after purchasing an additional 1,773,591 shares in the last quarter. Vanguard Group Inc. raised its holdings in Digital Realty Trust by 2.0% in the first quarter. Vanguard Group Inc. now owns 48,503,593 shares of the real estate investment trust’s stock valued at $6,986,458,000 after acquiring an additional 951,567 shares in the last quarter. Wulff Hansen & CO. lifted its stake in Digital Realty Trust by 15,105.0% in the second quarter. Wulff Hansen & CO. now owns 795,830 shares of the real estate investment trust’s stock worth $121,006,000 after acquiring an additional 790,596 shares during the last quarter. Electron Capital Partners LLC grew its holdings in Digital Realty Trust by 220.7% during the 2nd quarter. Electron Capital Partners LLC now owns 1,041,594 shares of the real estate investment trust’s stock worth $158,374,000 after acquiring an additional 716,816 shares in the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Digital Realty Trust by 16.8% in the 2nd quarter. Daiwa Securities Group Inc. now owns 4,725,971 shares of the real estate investment trust’s stock valued at $718,584,000 after purchasing an additional 678,165 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Buying and Selling

In related news, Director Jean F. H. P. Mandeville sold 600 shares of the firm’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 value of $90,156.00. Following the completion of the transaction, the director now directly owns 9,055 shares of the company’s stock, valued at $1,360,604.30. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.17% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on DLR. Argus lowered Digital Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Raymond James raised 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 report on Friday. Barclays upped their target price on shares of Digital Realty Trust from $130.00 to $135.00 and gave the company an “underweight” rating in a report on Thursday, October 10th. HSBC raised shares of Digital Realty Trust from a “reduce” rating to a “hold” rating and boosted their price target for the company from $124.00 to $160.00 in a research report on Friday, October 4th. Finally, Wells Fargo & Company lifted their target price on Digital Realty Trust from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday. Two analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Digital Realty Trust has an average rating of “Hold” and a consensus price target of $165.21.

Digital Realty Trust Stock Performance

DLR traded up $15.88 during trading on Friday, reaching $181.01. The company’s stock had a trading volume of 6,093,376 shares, compared to its average volume of 1,831,267. The company has a market capitalization of $56.55 billion, a price-to-earnings ratio of 50.28, a price-to-earnings-growth ratio of 5.08 and a beta of 0.60. The company’s fifty day moving average price is $157.08 and its 200-day moving average price is $150.38. Digital Realty Trust, Inc. has a 52-week low of $116.73 and a 52-week high of $193.88. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.78.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $1.63 by ($1.43). The business had revenue of $1.36 billion for 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%. The company’s revenue was down .7% on a year-over-year basis. During the same period in the prior year, the company earned $1.68 EPS. On average, equities analysts forecast that Digital Realty Trust, Inc. will post 6.65 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.70%. The ex-dividend date of this dividend was Friday, September 13th. Digital Realty Trust’s dividend payout ratio (DPR) is 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.