Digital Realty Trust, Inc. (NYSE:DLR) Stake Boosted by Czech National Bank

Czech National Bank increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 62,695 shares of the real estate investment trust’s stock after purchasing an additional 859 shares during the quarter. Czech National Bank’s holdings in Digital Realty Trust were worth $10,146,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio lifted its stake in Digital Realty Trust by 1.6% during the fourth quarter. Public Employees Retirement System of Ohio now owns 587,561 shares of the real estate investment trust’s stock worth $79,074,000 after purchasing an additional 9,158 shares during the last quarter. Bessemer Group Inc. increased its position in Digital Realty Trust by 102.1% in the first quarter. Bessemer Group Inc. now owns 19,528 shares of the real estate investment trust’s stock worth $2,813,000 after buying an additional 9,865 shares during the period. Cetera Investment Advisers increased its position in Digital Realty Trust by 295.5% in the first quarter. Cetera Investment Advisers now owns 31,665 shares of the real estate investment trust’s stock worth $4,561,000 after buying an additional 23,659 shares during the period. Pinebridge Investments L.P. acquired a new stake in Digital Realty Trust in the fourth quarter worth $3,167,000. Finally, Sun Life Financial Inc. acquired a new stake in Digital Realty Trust in the fourth quarter worth $20,978,000. 99.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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 stock was 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 directly owns 9,055 shares of the company’s stock, valued at approximately $1,360,604.30. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.17% of the stock is owned by company insiders.

Digital Realty Trust Price Performance

NYSE DLR traded down $0.30 on Friday, hitting $157.00. 1,120,926 shares of the company were exchanged, compared to its average volume of 1,845,592. The firm has a 50 day moving average of $153.38 and a two-hundred day moving average of $148.33. The company has a market cap of $49.05 billion, a P/E ratio of 43.61, a P/E/G ratio of 5.14 and a beta of 0.60. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 1-year low of $113.94 and a 1-year high of $165.17.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 25th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($1.43). The company had revenue of $1.36 billion during 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 was down .7% compared to the same quarter last year. During the same period last year, the company earned $1.68 earnings per share. On average, equities analysts predict that Digital Realty Trust, Inc. will post 6.65 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a dividend of $1.22 per share. The ex-dividend date was Friday, September 13th. This represents a $4.88 dividend on an annualized basis and a yield of 3.11%. Digital Realty Trust’s payout ratio is 135.56%.

Analysts Set New Price Targets

Several brokerages have weighed in on DLR. Argus lowered Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. HSBC raised Digital Realty Trust from a “reduce” rating to a “hold” rating and raised their price target for the company from $124.00 to $160.00 in a report on Friday. JPMorgan Chase & Co. raised their price target on Digital Realty Trust from $175.00 to $180.00 and gave the company an “overweight” rating in a report on Tuesday. Mizuho assumed coverage on Digital Realty Trust in a report on Thursday, July 11th. They set an “outperform” rating and a $170.00 price target on the stock. Finally, Barclays lifted their price target on Digital Realty Trust from $123.00 to $130.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 24th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $156.61.

About Digital Realty Trust

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.