Digital Realty Trust Inc. (NYSE:DLR) SVP Joshua A. Mills sold 4,519 shares of Digital Realty Trust stock in a transaction on Friday, September 16th. The shares were sold at an average price of $92.22, for a total transaction of $416,742.18. Following the completion of the sale, the senior vice president now directly owns 8,685 shares of the company’s stock, valued at approximately $800,930.70. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Digital Realty Trust Inc. (NYSE:DLR) opened at 98.09 on Friday. The company has a market capitalization of $14.41 billion, a PE ratio of 217.98 and a beta of 0.34. The firm’s 50-day moving average is $98.98 and its 200 day moving average is $96.84. Digital Realty Trust Inc. has a 52 week low of $62.42 and a 52 week high of $113.21.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, July 28th. The real estate investment trust reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.04. The company earned $514.90 million during the quarter, compared to analysts’ expectations of $507.72 million. Digital Realty Trust had a net margin of 7.82% and a return on equity of 5.02%. Digital Realty Trust’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.30 EPS. On average, analysts anticipate that Digital Realty Trust Inc. will post $5.71 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date of this dividend is Tuesday, September 13th. Digital Realty Trust’s dividend payout ratio is presently 765.22%.

DLR has been the subject of a number of research analyst reports. Jefferies Group reissued a “buy” rating and set a $108.00 target price on shares of Digital Realty Trust in a research report on Wednesday, July 6th. Deutsche Bank AG reissued a “buy” rating and set a $114.00 target price (up previously from $102.00) on shares of Digital Realty Trust in a research report on Monday, July 18th. SunTrust Banks Inc. initiated coverage on shares of Digital Realty Trust in a research report on Thursday, July 21st. They set a “buy” rating and a $125.00 target price for the company. KeyCorp reissued a “buy” rating and set a $121.00 target price on shares of Digital Realty Trust in a research report on Friday, July 29th. Finally, TheStreet lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company’s stock. Digital Realty Trust currently has a consensus rating of “Hold” and an average price target of $97.35.

Several hedge funds have recently bought and sold shares of the company. TIAA CREF Investment Management LLC boosted its stake in Digital Realty Trust by 4.1% in the first quarter. TIAA CREF Investment Management LLC now owns 687,255 shares of the real estate investment trust’s stock worth $60,815,000 after buying an additional 26,786 shares in the last quarter. Edmp Inc. boosted its stake in Digital Realty Trust by 2.8% in the first quarter. Edmp Inc. now owns 15,995 shares of the real estate investment trust’s stock worth $1,415,000 after buying an additional 443 shares in the last quarter. Duff & Phelps Investment Management Co. boosted its stake in Digital Realty Trust by 178.5% in the first quarter. Duff & Phelps Investment Management Co. now owns 521,325 shares of the real estate investment trust’s stock worth $46,133,000 after buying an additional 334,125 shares in the last quarter. IFP Advisors Inc boosted its stake in Digital Realty Trust by 51.0% in the first quarter. IFP Advisors Inc now owns 6,732 shares of the real estate investment trust’s stock worth $596,000 after buying an additional 2,273 shares in the last quarter. Finally, Virginia Retirement System bought a new stake in Digital Realty Trust during the first quarter worth about $12,945,000.

Digital Realty Trust Company Profile

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.

5 Day Chart for NYSE:DLR

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