Duff & Phelps Investment Management Co. decreased its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 8.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 745,284 shares of the real estate investment trust’s stock after selling 65,915 shares during the period. Digital Realty Trust comprises about 1.2% of Duff & Phelps Investment Management Co.’s portfolio, making the stock its 20th largest position. Duff & Phelps Investment Management Co.’s holdings in Digital Realty Trust were worth $84,180,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DnB Asset Management AS raised its position in Digital Realty Trust by 20.2% in the first quarter. DnB Asset Management AS now owns 17,221 shares of the real estate investment trust’s stock valued at $1,832,000 after buying an additional 2,900 shares during the last quarter. Washington Trust Bank raised its position in 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 valued at $3,067,000 after buying an additional 457 shares during the last quarter. Iowa State Bank raised its position in 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 valued at $2,656,000 after buying an additional 665 shares during the last quarter. BLB&B Advisors LLC purchased a new position in Digital Realty Trust during the first quarter valued at approximately $295,000. Finally, Winslow Evans & Crocker Inc. raised its position in 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 valued at $288,000 after buying an additional 1,216 shares during the last quarter.

Shares of Digital Realty Trust, Inc. (NYSE DLR) opened at 112.85 on Friday. The stock has a market capitalization of $18.30 billion, a price-to-earnings ratio of 45.84 and a beta of -0.03. The company has a 50-day moving average of $113.86 and a 200-day moving average of $111.12. Digital Realty Trust, Inc. has a 1-year low of $85.63 and a 1-year high of $121.53.

Digital Realty Trust (NYSE:DLR) last announced its 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. Digital Realty Trust had a return on equity of 12.39% and a net margin of 21.27%. The company had revenue of $565.99 million during the quarter, compared to analysts’ expectations of $559.93 million. During the same period last year, the business posted $1.42 EPS. Digital Realty Trust’s revenue for the quarter was up 9.9% on a year-over-year basis. On average, equities research analysts expect that Digital Realty Trust, Inc. will post $1.58 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date of this dividend is Thursday, September 14th. Digital Realty Trust’s dividend payout ratio (DPR) is 148.21%.

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Several research analysts have commented on the stock. 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 set 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 stock a “hold” rating in a research note on Monday, May 1st. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $116.67.

In other news, Director William G. Laperch bought 1,200 shares of the stock in a transaction that occurred on Monday, August 7th. The stock was bought at an average cost of $25.00 per share, for a total transaction of $30,000.00. Following the acquisition, the director now directly owns 1,200 shares of the company’s stock, valued at approximately $30,000. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Joshua A. Mills sold 9,211 shares of Digital Realty Trust stock in a transaction dated 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 transaction, the senior vice president now owns 13,377 shares of the company’s stock, valued at approximately $1,605,240. The disclosure for this sale can be found here. 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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