Alpine Woods Capital Investors LLC cut its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 18.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 111,100 shares of the real estate investment trust’s stock after selling 25,500 shares during the period. Alpine Woods Capital Investors LLC’s holdings in Digital Realty Trust were worth $12,549,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DLR. Candriam Luxembourg S.C.A. purchased a new position in Digital Realty Trust during the first quarter valued at about $1,288,000. Motco raised its position in Digital Realty Trust by 4.6% in the first quarter. Motco now owns 3,399 shares of the real estate investment trust’s stock valued at $362,000 after buying an additional 150 shares during the last quarter. State of Alaska Department of Revenue raised its position in Digital Realty Trust by 40.6% in the first quarter. State of Alaska Department of Revenue now owns 82,493 shares of the real estate investment trust’s stock valued at $8,774,000 after buying an additional 23,823 shares during the last quarter. Ledyard National Bank raised its position in Digital Realty Trust by 15.9% in the first quarter. Ledyard National Bank now owns 1,095 shares of the real estate investment trust’s stock valued at $116,000 after buying an additional 150 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Digital Realty Trust by 164.4% in the first quarter. Nisa Investment Advisors LLC now owns 23,800 shares of the real estate investment trust’s stock valued at $2,532,000 after buying an additional 14,800 shares during the last quarter.

Shares of Digital Realty Trust, Inc. (NYSE DLR) opened at 111.82 on Friday. Digital Realty Trust, Inc. has a 52-week low of $85.63 and a 52-week high of $121.53. The stock’s 50 day moving average is $113.61 and its 200 day moving average is $111.16. The company has a market capitalization of $18.14 billion, a P/E ratio of 45.42 and a beta of -0.03.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.93 per share. The ex-dividend date is Thursday, September 14th. This represents a $3.72 dividend on an annualized basis and a yield of 3.33%. Digital Realty Trust’s dividend payout ratio is currently 148.21%.

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Several equities analysts recently issued reports on the stock. BidaskClub upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Royal Bank Of Canada restated a “buy” rating and issued a $127.00 target price on shares of Digital Realty Trust in a report on Thursday, June 8th. Zacks Investment Research lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a report 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 target price on the stock. in a report on Wednesday, May 17th. Finally, Stifel Nicolaus boosted their target price on shares of Digital Realty Trust from $110.00 to $117.00 and gave the company a “hold” rating in a report on Monday, May 1st. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $116.67.

In other Digital Realty Trust news, SVP Joshua A. Mills sold 9,211 shares of the firm’s stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $120.00, for a total transaction of $1,105,320.00. Following the completion of the sale, the senior vice president now directly owns 13,377 shares in the company, valued at approximately $1,605,240. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director William G. Laperch acquired 1,200 shares of Digital Realty Trust stock in a transaction on Monday, August 7th. The shares were purchased at an average price of $25.00 per share, with a total value of $30,000.00. Following the completion of the purchase, the director now owns 1,200 shares in the company, valued at approximately $30,000. The disclosure for this purchase can be found here. 0.40% of the stock is currently owned by company insiders.

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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