Crossmark Global Holdings Inc. Boosts Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Crossmark Global Holdings Inc. boosted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 0.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,872 shares of the real estate investment trust’s stock after purchasing an additional 151 shares during the period. Crossmark Global Holdings Inc.’s holdings in Digital Realty Trust were worth $2,731,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DLR. Empowered Funds LLC lifted its position in shares of Digital Realty Trust by 21.8% during the first quarter. Empowered Funds LLC now owns 4,607 shares of the real estate investment trust’s stock worth $664,000 after acquiring an additional 826 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of Digital Realty Trust by 2.1% during the first quarter. ProShare Advisors LLC now owns 52,521 shares of the real estate investment trust’s stock worth $7,565,000 after acquiring an additional 1,056 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in shares of Digital Realty Trust by 170.9% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 308,782 shares of the real estate investment trust’s stock worth $44,477,000 after acquiring an additional 194,800 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its position in shares of Digital Realty Trust by 0.7% during the first quarter. State Board of Administration of Florida Retirement System now owns 334,144 shares of the real estate investment trust’s stock worth $48,130,000 after acquiring an additional 2,194 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Digital Realty Trust by 12.3% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 537,196 shares of the real estate investment trust’s stock worth $77,378,000 after acquiring an additional 58,680 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $180.72 on Wednesday. The company has a current ratio of 1.61, a quick ratio of 1.78 and a debt-to-equity ratio of 0.81. The firm has a 50-day moving average of $164.17 and a 200-day moving average of $153.92. The firm has a market cap of $59.95 billion, a P/E ratio of 151.87, a P/E/G ratio of 4.83 and a beta of 0.59. Digital Realty Trust, Inc. has a 1-year low of $126.87 and a 1-year high of $193.88.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.62 earnings per share. Sell-side analysts expect that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, December 13th will be issued a dividend of $1.22 per share. The ex-dividend date is Friday, December 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.70%. Digital Realty Trust’s dividend payout ratio is currently 410.08%.

Analyst Upgrades and Downgrades

DLR has been the topic of several research analyst reports. Barclays upped their price target on shares of Digital Realty Trust from $130.00 to $135.00 and gave the stock an “underweight” rating in a report on Thursday, October 10th. Raymond James upped their price target on shares of Digital Realty Trust from $170.00 to $190.00 and gave the stock a “strong-buy” rating in a report on Friday, October 25th. Evercore ISI upped their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. JPMorgan Chase & Co. upped their price target on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Finally, Wells Fargo & Company upped their price target on shares of Digital Realty Trust from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $169.47.

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.