Digital Realty Trust, Inc. (DLR) Stake Held by South Dakota Investment Council

South Dakota Investment Council held its stake in Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,000 shares of the real estate investment trust’s stock at the close of the 2nd quarter. South Dakota Investment Council’s holdings in Digital Realty Trust were worth $3,050,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of DLR. Canada Pension Plan Investment Board grew its holdings in Digital Realty Trust by 558.6% during the 1st quarter. Canada Pension Plan Investment Board now owns 37,610 shares of the real estate investment trust’s stock worth $4,001,000 after acquiring an additional 31,899 shares during the period. Commerzbank Aktiengesellschaft FI grew its holdings in Digital Realty Trust by 154.8% during the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 5,192 shares of the real estate investment trust’s stock worth $552,000 after acquiring an additional 3,154 shares during the period. First Trust Advisors LP grew its holdings in Digital Realty Trust by 2.9% during the 1st quarter. First Trust Advisors LP now owns 130,779 shares of the real estate investment trust’s stock worth $13,914,000 after acquiring an additional 3,659 shares during the period. DekaBank Deutsche Girozentrale grew its holdings in Digital Realty Trust by 116.2% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 12,121 shares of the real estate investment trust’s stock worth $1,327,000 after acquiring an additional 6,515 shares during the period. Finally, Comerica Bank grew its holdings in Digital Realty Trust by 4.9% during the 1st quarter. Comerica Bank now owns 68,293 shares of the real estate investment trust’s stock worth $7,737,000 after acquiring an additional 3,188 shares during the period.

A number of analysts have weighed in on DLR shares. BidaskClub upgraded Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Royal Bank Of Canada reiterated a “buy” rating and set a $127.00 price target on shares of Digital Realty Trust in a report on Thursday, June 8th. Zacks Investment Research upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and set a $126.00 price target for the company in a report on Monday, July 17th. Canaccord Genuity reiterated a “buy” rating and set a $127.00 price target on shares of Digital Realty Trust in a report on Friday, August 18th. Finally, KeyCorp reiterated a “buy” rating and set a $130.00 price target on shares of Digital Realty Trust in a report on Friday, August 25th. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Digital Realty Trust has an average rating of “Buy” and a consensus price target of $120.08.

In other Digital Realty Trust news, Director William G. Laperch acquired 1,200 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were acquired at an average price of $25.00 per share, with a total value of $30,000.00. Following the completion of the purchase, the director now directly owns 1,200 shares of the company’s stock, valued at approximately $30,000. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Christopher Sharp sold 25,733 shares of the business’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $116.44, for a total transaction of $2,996,350.52. Following the sale, the insider now directly owns 25,733 shares in the company, valued at approximately $2,996,350.52. The disclosure for this sale can be found here. 0.40% of the stock is owned by insiders.

Digital Realty Trust, Inc. (DLR) opened at 120.63 on Friday. The company has a 50-day moving average of $116.07 and a 200 day moving average of $112.66. Digital Realty Trust, Inc. has a 12 month low of $85.63 and a 12 month high of $122.13. The company has a market cap of $19.57 billion, a PE ratio of 49.00 and a beta of -0.01.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.05. Digital Realty Trust had a net margin of 21.27% and a return on equity of 12.39%. The company had revenue of $565.99 million for the quarter, compared to analysts’ expectations of $559.93 million. During the same quarter in the previous year, the company earned $1.42 earnings per share. Digital Realty Trust’s quarterly revenue was up 9.9% on a year-over-year basis. On average, equities analysts forecast that Digital Realty Trust, Inc. will post $1.57 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a dividend yield of 3.08%. The ex-dividend date is Thursday, September 14th. Digital Realty Trust’s dividend payout ratio is currently 148.21%.

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Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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