Digital Realty Trust Inc. (NYSE:DLR) shares were up 1.4% during mid-day trading on Tuesday . The stock traded as high as $110.74 and last traded at $110.54, with a volume of 818,686 shares trading hands. The stock had previously closed at $109.00.

Several research analysts have recently issued reports on DLR shares. Stifel Nicolaus lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Monday, March 21st. They noted that the move was a valuation call. KeyCorp lifted their price objective on shares of Digital Realty Trust from $88.00 to $97.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 5th. Zacks Investment Research lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, March 29th. Jefferies Group reissued a “buy” rating and set a $108.00 price objective (up previously from $106.00) on shares of Digital Realty Trust in a research note on Tuesday, May 24th. Finally, Wells Fargo & Co. assumed coverage on shares of Digital Realty Trust in a research note on Tuesday, May 31st. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $85.71.

The company has a market capitalization of $16.46 billion and a PE ratio of 102.94. The company has a 50-day moving average price of $100.98 and a 200-day moving average price of $87.92.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, April 28th. The real estate investment trust reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.09. The business had revenue of $504.19 million for the quarter, compared to the consensus estimate of $515.08 million. Digital Realty Trust’s quarterly revenue was up 24.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.27 earnings per share. Equities analysts predict that Digital Realty Trust Inc. will post $5.56 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th were issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend was Monday, June 13th.

In related news, CEO A William Stein sold 16,017 shares of the stock in a transaction on Tuesday, May 3rd. The stock was sold at an average price of $89.32, for a total value of $1,430,638.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Bernard Geoghegan sold 586 shares of the stock in a transaction on Wednesday, May 4th. The stock was sold at an average price of $90.70, for a total value of $53,150.20. Following the completion of the transaction, the director now owns 7,185 shares in the company, valued at $651,679.50. The disclosure for this sale can be found here.

Several institutional investors have recently modified their holdings of the company. Bank of Montreal Can boosted its position in shares of Digital Realty Trust by 1.2% in the fourth quarter. Bank of Montreal Can now owns 41,101 shares of the real estate investment trust’s stock worth $3,107,000 after buying an additional 468 shares in the last quarter. Davidson & Garrard Inc. boosted its position in shares of Digital Realty Trust by 1.3% in the fourth quarter. Davidson & Garrard Inc. now owns 41,975 shares of the real estate investment trust’s stock worth $3,174,000 after buying an additional 524 shares in the last quarter. Alps Advisors Inc. boosted its position in shares of Digital Realty Trust by 4.7% in the fourth quarter. Alps Advisors Inc. now owns 17,998 shares of the real estate investment trust’s stock worth $1,361,000 after buying an additional 807 shares in the last quarter. US Bancorp DE boosted its position in shares of Digital Realty Trust by 17.0% in the fourth quarter. US Bancorp DE now owns 16,809 shares of the real estate investment trust’s stock worth $1,270,000 after buying an additional 2,445 shares in the last quarter. Finally, Azimuth Capital Management LLC boosted its position in shares of Digital Realty Trust by 9.2% in the fourth quarter. Azimuth Capital Management LLC now owns 29,505 shares of the real estate investment trust’s stock worth $2,231,000 after buying an additional 2,480 shares in the last quarter.

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company owns, acquires, develops and manages technology-related real estate. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.