DIGITAL RLTY TR/SH (NYSE:DLR) – Equities research analysts at SunTrust Banks lowered their FY2018 EPS estimates for DIGITAL RLTY TR/SH in a research report issued to clients and investors on Wednesday, January 9th. SunTrust Banks analyst G. Miller now expects that the real estate investment trust will earn $6.54 per share for the year, down from their previous estimate of $6.57. SunTrust Banks also issued estimates for DIGITAL RLTY TR/SH’s Q4 2018 earnings at $1.62 EPS, Q1 2019 earnings at $1.59 EPS, Q2 2019 earnings at $1.66 EPS, Q3 2019 earnings at $1.60 EPS, Q4 2019 earnings at $1.78 EPS and FY2019 earnings at $6.63 EPS.

A number of other brokerages have also issued reports on DLR. ValuEngine upgraded shares of DIGITAL RLTY TR/SH from a “hold” rating to a “buy” rating in a report on Thursday, December 6th. Citigroup dropped their price objective on shares of DIGITAL RLTY TR/SH from $131.00 to $126.00 and set a “buy” rating for the company in a report on Tuesday, November 6th. Jefferies Financial Group upgraded shares of DIGITAL RLTY TR/SH from a “hold” rating to a “buy” rating and raised their price objective for the company from $124.00 to $136.00 in a report on Monday, December 10th. Berenberg Bank initiated coverage on shares of DIGITAL RLTY TR/SH in a report on Thursday, September 20th. They issued a “hold” rating and a $127.00 price objective for the company. Finally, Credit Suisse Group set a $123.00 price objective on shares of DIGITAL RLTY TR/SH and gave the company a “hold” rating in a report on Thursday, December 20th. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $125.43.

Shares of NYSE DLR opened at $106.64 on Friday. The company has a market capitalization of $21.01 billion, a P/E ratio of 17.37, a price-to-earnings-growth ratio of 2.04 and a beta of 0.50. DIGITAL RLTY TR/SH has a 1 year low of $96.56 and a 1 year high of $125.10. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.34 and a quick ratio of 0.34.

DIGITAL RLTY TR/SH (NYSE:DLR) last issued its quarterly earnings data on Thursday, October 25th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.62 by ($1.29). The business had revenue of $768.92 million during the quarter, compared to the consensus estimate of $773.08 million. DIGITAL RLTY TR/SH had a net margin of 11.78% and a return on equity of 3.96%.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Friday, December 14th will be given a dividend of $1.01 per share. This represents a $4.04 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date is Thursday, December 13th. DIGITAL RLTY TR/SH’s dividend payout ratio is presently 65.80%.

In other DIGITAL RLTY TR/SH news, insider Christopher Sharp sold 7,871 shares of the stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $116.00, for a total transaction of $913,036.00. Following the completion of the sale, the insider now owns 8,933 shares of the company’s stock, valued at approximately $1,036,228. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kevin Kennedy sold 400 shares of the stock in a transaction that occurred on Tuesday, December 4th. The shares were sold at an average price of $114.51, for a total transaction of $45,804.00. Following the sale, the director now directly owns 400 shares of the company’s stock, valued at approximately $45,804. The disclosure for this sale can be found here. Insiders have sold a total of 13,271 shares of company stock valued at $1,508,840 in the last three months. Insiders own 0.43% of the company’s stock.

Large investors have recently added to or reduced their stakes in the business. Centaurus Financial Inc. acquired a new stake in DIGITAL RLTY TR/SH during the 2nd quarter valued at approximately $103,000. Winslow Evans & Crocker Inc. grew its position in shares of DIGITAL RLTY TR/SH by 105.5% during the 3rd quarter. Winslow Evans & Crocker Inc. now owns 1,118 shares of the real estate investment trust’s stock worth $128,000 after buying an additional 574 shares during the period. Qube Research & Technologies Ltd grew its position in shares of DIGITAL RLTY TR/SH by 378.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,200 shares of the real estate investment trust’s stock worth $134,000 after buying an additional 949 shares during the period. NEXT Financial Group Inc acquired a new stake in shares of DIGITAL RLTY TR/SH during the 3rd quarter worth approximately $156,000. Finally, Brown Brothers Harriman & Co. grew its position in shares of DIGITAL RLTY TR/SH by 8,650.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,400 shares of the real estate investment trust’s stock worth $157,000 after buying an additional 1,384 shares during the period. 99.05% of the stock is owned by institutional investors and hedge funds.

DIGITAL RLTY TR/SH Company Profile

Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products.

Featured Article: Should You Consider an Index Fund?

Earnings History and Estimates for DIGITAL RLTY TR/SH (NYSE:DLR)

Receive News & Ratings for DIGITAL RLTY TR/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DIGITAL RLTY TR/SH and related companies with MarketBeat.com's FREE daily email newsletter.