Vanguard Group Inc. Purchases 951,567 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Vanguard Group Inc. lifted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 2.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 48,503,593 shares of the real estate investment trust’s stock after purchasing an additional 951,567 shares during the quarter. Vanguard Group Inc. owned 15.53% of Digital Realty Trust worth $6,986,458,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DLR. B. Riley Wealth Advisors Inc. grew its holdings in shares of Digital Realty Trust by 11.3% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 3,660 shares of the real estate investment trust’s stock worth $443,000 after purchasing an additional 371 shares during the last quarter. Nordea Investment Management AB grew its holdings in Digital Realty Trust by 8.4% during the 4th quarter. Nordea Investment Management AB now owns 20,486 shares of the real estate investment trust’s stock worth $2,777,000 after acquiring an additional 1,585 shares during the last quarter. Bruce G. Allen Investments LLC bought a new stake in Digital Realty Trust during the 4th quarter worth about $48,000. Whittier Trust Co. grew its holdings in Digital Realty Trust by 36.4% during the 4th quarter. Whittier Trust Co. now owns 4,555 shares of the real estate investment trust’s stock worth $613,000 after acquiring an additional 1,216 shares during the last quarter. Finally, IFM Investors Pty Ltd grew its holdings in Digital Realty Trust by 1.2% during the 4th quarter. IFM Investors Pty Ltd now owns 59,950 shares of the real estate investment trust’s stock worth $8,068,000 after acquiring an additional 723 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 0.4 %

Shares of NYSE:DLR traded up $0.57 during mid-day trading on Friday, reaching $155.17. The stock had a trading volume of 1,168,831 shares, compared to its average volume of 1,506,516. The firm has a market cap of $48.48 billion, a PE ratio of 43.10, a price-to-earnings-growth ratio of 11.30 and a beta of 0.59. The firm has a 50 day simple moving average of $148.83 and a two-hundred day simple moving average of $143.84. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.91. Digital Realty Trust, Inc. has a twelve month low of $113.94 and a twelve month high of $162.58.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, June 14th. This represents a $4.88 annualized dividend and a yield of 3.14%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.

Analysts Set New Price Targets

DLR has been the topic of a number of research analyst reports. Morgan Stanley increased their price objective on shares of Digital Realty Trust from $100.00 to $108.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 2nd. Barclays increased their price objective on shares of Digital Realty Trust from $119.00 to $123.00 and gave the stock an “underweight” rating in a report on Thursday, May 30th. The Goldman Sachs Group assumed coverage on shares of Digital Realty Trust in a research report on Monday, July 1st. They set a “buy” rating and a $175.00 target price on the stock. HSBC upped their target price on shares of Digital Realty Trust from $115.00 to $118.00 and gave the company a “reduce” rating in a research report on Friday, May 3rd. Finally, Stifel Nicolaus upped their target price on shares of Digital Realty Trust from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, July 12th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Hold” and a consensus price target of $151.20.

Digital Realty Trust Company 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.