Blair William & Co. IL Has $3.54 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Blair William & Co. IL raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 9.6% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 23,253 shares of the real estate investment trust’s stock after purchasing an additional 2,032 shares during the period. Blair William & Co. IL’s holdings in Digital Realty Trust were worth $3,536,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Digital Realty Trust by 16.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 23,240 shares of the real estate investment trust’s stock worth $3,477,000 after buying an additional 3,209 shares during the last quarter. Amalgamated Bank boosted its stake in shares of Digital Realty Trust by 3.8% in the 2nd quarter. Amalgamated Bank now owns 65,520 shares of the real estate investment trust’s stock worth $9,962,000 after buying an additional 2,417 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Digital Realty Trust by 27.3% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 17,797 shares of the real estate investment trust’s stock worth $2,706,000 after buying an additional 3,816 shares during the last quarter. Mutual of America Capital Management LLC boosted its stake in shares of Digital Realty Trust by 2.9% in the 2nd quarter. Mutual of America Capital Management LLC now owns 43,796 shares of the real estate investment trust’s stock worth $6,659,000 after buying an additional 1,217 shares during the last quarter. Finally, L & S Advisors Inc boosted its stake in shares of Digital Realty Trust by 289.8% in the 2nd quarter. L & S Advisors Inc now owns 66,240 shares of the real estate investment trust’s stock worth $10,072,000 after buying an additional 49,246 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Digital Realty Trust from $143.00 to $145.00 and gave the stock a “hold” rating in a research note on Thursday, May 30th. JPMorgan Chase & Co. raised shares of Digital Realty Trust from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $150.00 to $175.00 in a report on Friday, June 28th. Barclays lifted their price target on shares of Digital Realty Trust from $123.00 to $130.00 and gave the stock an “underweight” rating in a report on Wednesday, July 24th. Stifel Nicolaus lifted their price target on shares of Digital Realty Trust from $165.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, July 12th. Finally, Wells Fargo & Company boosted their target price on shares of Digital Realty Trust from $155.00 to $170.00 and gave the company an “overweight” rating in a report on Tuesday, July 23rd. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $154.00.

Insider Activity at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 600 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $150.26, for a total transaction of $90,156.00. Following the completion of the sale, the director now owns 9,055 shares of the company’s stock, valued at $1,360,604.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.17% of the stock is currently owned by corporate insiders.

Digital Realty Trust Stock Down 0.1 %

Shares of NYSE DLR opened at $158.70 on Monday. The firm’s 50-day moving average price is $152.15 and its 200-day moving average price is $147.30. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $49.58 billion, a price-to-earnings ratio of 44.08, a P/E/G ratio of 5.06 and a beta of 0.60. Digital Realty Trust, Inc. has a 12-month low of $113.94 and a 12-month high of $162.58.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $1.63 by ($1.43). The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.38 billion. Digital Realty Trust had a net margin of 20.58% and a return on equity of 5.93%. The business’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.68 earnings per share. On average, equities research analysts anticipate that Digital Realty Trust, Inc. will post 6.65 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.07%. Digital Realty Trust’s dividend payout ratio is presently 135.56%.

Digital Realty Trust Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.