Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Global X Japan Co. Ltd.

Global X Japan Co. Ltd. lessened its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 22.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 603 shares of the real estate investment trust’s stock after selling 170 shares during the period. Global X Japan Co. Ltd.’s holdings in Digital Realty Trust were worth $98,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in DLR. Massachusetts Financial Services Co. MA grew its position in shares of Digital Realty Trust by 543.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust’s stock valued at $220,068,000 after buying an additional 1,773,591 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Digital Realty Trust by 2.0% during the first quarter. Vanguard Group Inc. now owns 48,503,593 shares of the real estate investment trust’s stock valued at $6,986,458,000 after purchasing an additional 951,567 shares during the last quarter. Wulff Hansen & CO. raised its position in shares of Digital Realty Trust by 15,105.0% during the 2nd quarter. Wulff Hansen & CO. now owns 795,830 shares of the real estate investment trust’s stock worth $121,006,000 after purchasing an additional 790,596 shares during the period. Electron Capital Partners LLC grew its stake in Digital Realty Trust by 220.7% during the 2nd quarter. Electron Capital Partners LLC now owns 1,041,594 shares of the real estate investment trust’s stock worth $158,374,000 after buying an additional 716,816 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its stake in Digital Realty Trust by 16.8% in the second quarter. Daiwa Securities Group Inc. now owns 4,725,971 shares of the real estate investment trust’s stock valued at $718,584,000 after buying an additional 678,165 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Up 0.3 %

Shares of Digital Realty Trust stock opened at $165.80 on Thursday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.78 and a quick ratio of 1.78. The firm has a market cap of $51.80 billion, a price-to-earnings ratio of 46.06, a P/E/G ratio of 5.08 and a beta of 0.60. The stock has a 50-day simple moving average of $156.77 and a 200-day simple moving average of $150.27. Digital Realty Trust, Inc. has a 52-week low of $116.18 and a 52-week high of $166.57.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.20 earnings per share 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 firm’s revenue was down .7% on a year-over-year basis. During the same period in the previous year, the business posted $1.68 earnings per share. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 6.65 earnings per share for the current fiscal 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 of this dividend was Friday, September 13th. This represents a $4.88 annualized dividend and a yield of 2.94%. Digital Realty Trust’s payout ratio is 135.56%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on DLR shares. JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $175.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday, October 1st. HSBC upgraded Digital Realty Trust from a “reduce” rating to a “hold” rating and boosted their price objective for the stock from $124.00 to $160.00 in a research report on Friday, October 4th. Truist Financial raised their target price on Digital Realty Trust from $160.00 to $168.00 and gave the company a “buy” rating in a research report on Tuesday, August 13th. Hsbc Global Res upgraded shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a research note on Friday, October 4th. Finally, Stifel Nicolaus increased their price objective on shares of Digital Realty Trust from $165.00 to $175.00 and gave the company a “buy” rating in a report on Friday, July 12th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $158.33.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 600 shares of the stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $150.26, for a total value of $90,156.00. Following the completion of the sale, the director now owns 9,055 shares in the company, valued at approximately $1,360,604.30. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.17% of the company’s stock.

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.