Digital Realty Trust, Inc. (NYSE:DLR) Stake Increased by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 14.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,534 shares of the real estate investment trust’s stock after acquiring an additional 3,182 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Digital Realty Trust were worth $3,970,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Bessemer Group Inc. increased its holdings in Digital Realty Trust by 102.1% in the first quarter. Bessemer Group Inc. now owns 19,528 shares of the real estate investment trust’s stock valued at $2,813,000 after buying an additional 9,865 shares during the last quarter. Cumberland Partners Ltd increased its holdings in shares of Digital Realty Trust by 207.3% in the 3rd quarter. Cumberland Partners Ltd now owns 46,595 shares of the real estate investment trust’s stock valued at $7,540,000 after acquiring an additional 31,430 shares during the last quarter. Cetera Investment Advisers lifted its stake in Digital Realty Trust by 295.5% during the first quarter. Cetera Investment Advisers now owns 31,665 shares of the real estate investment trust’s stock worth $4,561,000 after purchasing an additional 23,659 shares during the last quarter. QRG Capital Management Inc. boosted its holdings in Digital Realty Trust by 652.4% in the second quarter. QRG Capital Management Inc. now owns 29,292 shares of the real estate investment trust’s stock worth $4,454,000 after purchasing an additional 25,399 shares during the period. Finally, Choreo LLC increased its stake in Digital Realty Trust by 86.8% during the second quarter. Choreo LLC now owns 8,782 shares of the real estate investment trust’s stock valued at $1,336,000 after purchasing an additional 4,081 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

DLR has been the topic of a number of recent research reports. Barclays raised their price target on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research report on Monday. Wells Fargo & Company lifted their target price on Digital Realty Trust from $175.00 to $185.00 and gave the company an “overweight” rating in a research note 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 stock an “outperform” rating in a research report on Monday, October 28th. Stifel Nicolaus reissued a “buy” rating and issued a $195.00 price target (up previously from $185.00) on shares of Digital Realty Trust in a report on Friday, October 25th. Finally, HSBC upgraded Digital Realty Trust from a “reduce” rating to a “hold” rating and upped their price objective for the stock from $124.00 to $160.00 in a research note on Friday, October 4th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $169.84.

Digital Realty Trust Trading Up 2.2 %

Shares of Digital Realty Trust stock opened at $187.26 on Wednesday. The business has a fifty day simple moving average of $167.85 and a 200-day simple moving average of $155.59. The firm has a market cap of $62.12 billion, a price-to-earnings ratio of 157.36, a price-to-earnings-growth ratio of 4.77 and a beta of 0.59. Digital Realty Trust, Inc. has a fifty-two week low of $130.00 and a fifty-two 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.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the business posted $1.62 EPS. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, equities analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.61%. The ex-dividend date is Friday, December 13th. Digital Realty Trust’s dividend 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.