Retirement Systems of Alabama boosted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 0.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 77,468 shares of the real estate investment trust’s stock after buying an additional 482 shares during the period. Retirement Systems of Alabama’s holdings in Digital Realty Trust were worth $8,750,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stratos Wealth Partners LTD. boosted its position in Digital Realty Trust by 2.1% in the second quarter. Stratos Wealth Partners LTD. now owns 28,304 shares of the real estate investment trust’s stock valued at $3,197,000 after buying an additional 587 shares in the last quarter. CIBC Asset Management Inc boosted its position in Digital Realty Trust by 3.1% in the second quarter. CIBC Asset Management Inc now owns 19,192 shares of the real estate investment trust’s stock valued at $2,168,000 after buying an additional 575 shares in the last quarter. Resolution Capital Ltd boosted its position in Digital Realty Trust by 7.9% in the second quarter. Resolution Capital Ltd now owns 564,156 shares of the real estate investment trust’s stock valued at $63,721,000 after buying an additional 41,322 shares in the last quarter. Presima Inc. boosted its position in Digital Realty Trust by 21.1% in the second quarter. Presima Inc. now owns 288,500 shares of the real estate investment trust’s stock valued at $32,586,000 after buying an additional 50,300 shares in the last quarter. Finally, Schnieders Capital Management LLC boosted its position in Digital Realty Trust by 1.2% in the second quarter. Schnieders Capital Management LLC now owns 8,135 shares of the real estate investment trust’s stock valued at $919,000 after buying an additional 100 shares in the last quarter.

Digital Realty Trust, Inc. (DLR) opened at 111.82 on Friday. The firm has a market capitalization of $18.14 billion, a PE ratio of 45.42 and a beta of -0.03. Digital Realty Trust, Inc. has a 12 month low of $85.63 and a 12 month high of $121.53. The company’s 50-day moving average price is $113.61 and its 200 day moving average price is $111.16.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 earnings per share (EPS) 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 the consensus estimate of $559.93 million. Digital Realty Trust had a return on equity of 12.39% and a net margin of 21.27%. The company’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.42 EPS. On average, equities research analysts predict that Digital Realty Trust, Inc. will post $1.58 earnings per share for the current year.

The business 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 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 (DPR) is currently 148.21%.

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Several research analysts have recently weighed in on the company. Zacks Investment Research cut Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. BidaskClub raised Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Stifel Nicolaus reaffirmed a “hold” rating and set a $117.00 price objective on shares of Digital Realty Trust in a research report on Friday, July 21st. Jefferies Group LLC reaffirmed a “hold” rating and set a $120.00 price objective on shares of Digital Realty Trust in a research report on Friday, July 14th. Finally, Macquarie reaffirmed a “neutral” rating and set a $105.00 price objective on shares of Digital Realty Trust in a research report on Tuesday, July 4th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $116.67.

In related news, Director William G. Laperch purchased 1,200 shares of the business’s stock in a transaction on Monday, August 7th. The stock was acquired at an average price of $25.00 per share, for a total transaction of $30,000.00. Following the purchase, the director now owns 1,200 shares of the company’s stock, valued at $30,000. The transaction was disclosed in a filing with the SEC, which is available at 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 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. 0.40% of the stock is currently owned by 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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