Verition Fund Management LLC acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,222 shares of the real estate investment trust’s stock, valued at approximately $477,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC boosted its stake in Digital Realty Trust by 18.0% during the 2nd quarter. Parallel Advisors LLC now owns 972 shares of the real estate investment trust’s stock worth $112,000 after acquiring an additional 148 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Digital Realty Trust by 50.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 973 shares of the real estate investment trust’s stock worth $110,000 after acquiring an additional 328 shares during the last quarter. Sun Life Financial INC boosted its stake in Digital Realty Trust by 12,844.4% during the 2nd quarter. Sun Life Financial INC now owns 1,165 shares of the real estate investment trust’s stock worth $132,000 after acquiring an additional 1,156 shares during the last quarter. Almanack Investment Partners LLC. bought a new position in Digital Realty Trust during the 2nd quarter worth approximately $134,000. Finally, Security National Trust Co. bought a new position in Digital Realty Trust during the 2nd quarter worth approximately $164,000.

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DLR has been the topic of a number of research reports. Cowen and Company reaffirmed a “buy” rating and issued a $126.00 price target on shares of Digital Realty Trust in a research note on Friday, August 25th. Barclays PLC reaffirmed a “buy” rating and issued a $132.00 price target on shares of Digital Realty Trust in a research note on Friday, September 8th. ValuEngine lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Wednesday. 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. Finally, KeyCorp reaffirmed a “buy” rating and issued a $130.00 price target on shares of Digital Realty Trust in a research note on Friday, August 25th. Ten analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $122.73.

In other Digital Realty Trust news, insider Christopher Sharp sold 25,733 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $116.44, for a total transaction of $2,996,350.52. Following the transaction, the insider now directly owns 25,733 shares in the company, valued at approximately $2,996,350.52. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William G. Laperch acquired 1,200 shares of the company’s stock in a transaction on Monday, August 7th. The shares were bought at an average price of $25.00 per share, for a total transaction 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.

Digital Realty Trust, Inc. (NYSE:DLR) opened at 123.85 on Thursday. The firm has a 50 day moving average of $118.97 and a 200 day moving average of $115.48. The firm has a market capitalization of $20.09 billion, a P/E ratio of 50.30 and a beta of 0.01. Digital Realty Trust, Inc. has a 12-month low of $85.63 and a 12-month high of $127.23.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 27th. The real estate investment trust reported $1.54 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $565.99 million for the quarter, compared to analysts’ expectations of $559.93 million. During the same period last year, the business earned $1.42 EPS. The business’s revenue was up 9.9% on a year-over-year basis. On average, analysts forecast that Digital Realty Trust, Inc. will post $1.47 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were paid a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend was Thursday, September 14th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 148.21%.

Digital Realty Trust Profile

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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