Bp Plc increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 110.5% during the second quarter, Holdings Channel reports. The firm owned 40,000 shares of the real estate investment trust’s stock after buying an additional 21,000 shares during the period. Bp Plc’s holdings in Digital Realty Trust were worth $4,520,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of DLR. Washington Trust Bank raised its stake in shares of Digital Realty Trust by 1.6% in the first quarter. Washington Trust Bank now owns 28,831 shares of the real estate investment trust’s stock worth $3,067,000 after buying an additional 457 shares during the period. Iowa State Bank raised its stake in shares of Digital Realty Trust by 2.7% in the first quarter. Iowa State Bank now owns 24,968 shares of the real estate investment trust’s stock worth $2,656,000 after buying an additional 665 shares during the period. BLB&B Advisors LLC bought a new stake in shares of Digital Realty Trust during the first quarter worth about $295,000. Winslow Evans & Crocker Inc. raised its stake in shares of Digital Realty Trust by 81.4% in the first quarter. Winslow Evans & Crocker Inc. now owns 2,710 shares of the real estate investment trust’s stock worth $288,000 after buying an additional 1,216 shares during the period. Finally, Prospera Financial Services Inc raised its stake in shares of Digital Realty Trust by 37.9% in the first quarter. Prospera Financial Services Inc now owns 16,163 shares of the real estate investment trust’s stock worth $1,721,000 after buying an additional 4,439 shares during the period.

Digital Realty Trust, Inc. (NYSE DLR) opened at 113.77 on Wednesday. The stock’s 50 day moving average is $114.26 and its 200 day moving average is $110.85. Digital Realty Trust, Inc. has a 12-month low of $85.63 and a 12-month high of $121.53. The company has a market cap of $18.45 billion, a P/E ratio of 46.21 and a beta of -0.03.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.05. The firm had revenue of $565.99 million during the quarter, compared to analysts’ expectations of $559.93 million. Digital Realty Trust had a net margin of 21.27% and a return on equity of 12.39%. The company’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.42 earnings per share. On average, equities analysts forecast that Digital Realty Trust, Inc. will post $1.58 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date is Thursday, September 14th. Digital Realty Trust’s dividend payout ratio is currently 148.21%.

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Several equities research analysts recently issued reports on DLR shares. BidaskClub raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a research note on Saturday, June 24th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $127.00 price objective on shares of Digital Realty Trust in a research note on Thursday, June 8th. Zacks Investment Research lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Wells Fargo & Company lowered shares of Digital Realty Trust from an “outperform” rating to a “market perform” rating and set a $118.00 price objective for the company. in a research note on Wednesday, May 17th. Finally, Stifel Nicolaus lifted their price objective on shares of Digital Realty Trust from $110.00 to $117.00 and gave the company a “hold” rating in a research note on Monday, May 1st. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $116.67.

In other Digital Realty Trust news, SVP Joshua A. Mills sold 9,211 shares of the stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $120.00, for a total value of $1,105,320.00. Following the completion of the sale, the senior vice president now owns 13,377 shares in the company, valued at $1,605,240. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.40% of the company’s stock.

About Digital Realty Trust

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. 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.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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