Digital Realty Trust, Inc. (DLR) Shares Bought by California Public Employees Retirement System

California Public Employees Retirement System raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 36.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 454,005 shares of the real estate investment trust’s stock after buying an additional 120,105 shares during the period. California Public Employees Retirement System owned approximately 0.28% of Digital Realty Trust worth $53,722,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Global X Management Co. LLC grew its stake in shares of Digital Realty Trust by 22.9% in the 2nd quarter. Global X Management Co. LLC now owns 4,662 shares of the real estate investment trust’s stock worth $527,000 after purchasing an additional 869 shares during the last quarter. National Planning Corp grew its stake in shares of Digital Realty Trust by 0.5% in the 2nd quarter. National Planning Corp now owns 2,429 shares of the real estate investment trust’s stock worth $275,000 after purchasing an additional 12 shares during the last quarter. DekaBank Deutsche Girozentrale grew its stake in shares of Digital Realty Trust by 5.0% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 12,729 shares of the real estate investment trust’s stock worth $1,517,000 after purchasing an additional 608 shares during the last quarter. Wedbush Securities Inc. grew its stake in shares of Digital Realty Trust by 2.5% in the 2nd quarter. Wedbush Securities Inc. now owns 3,627 shares of the real estate investment trust’s stock worth $410,000 after purchasing an additional 89 shares during the last quarter. Finally, Convergence Investment Partners LLC acquired a new position in shares of Digital Realty Trust in the 2nd quarter worth approximately $699,000. 98.54% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently issued reports on DLR shares. Barclays reaffirmed a “buy” rating and issued a $132.00 price objective on shares of Digital Realty Trust in a research note on Friday, September 8th. ValuEngine raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Cowen reaffirmed a “buy” rating and issued a $126.00 price objective on shares of Digital Realty Trust in a research note on Friday, August 25th. KeyCorp reaffirmed a “buy” rating and issued a $130.00 price objective on shares of Digital Realty Trust in a research note on Friday, August 25th. Finally, BidaskClub raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a research note on Thursday, August 24th. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Digital Realty Trust presently has a consensus rating of “Hold” and an average target price of $125.07.

Digital Realty Trust, Inc. (NYSE DLR) opened at $115.31 on Thursday. The firm has a market cap of $23,605.36, a P/E ratio of 19.21, a PEG ratio of 2.88 and a beta of -0.10. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.85. Digital Realty Trust, Inc. has a 1 year low of $93.39 and a 1 year high of $127.23.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share for the quarter, topping the consensus estimate of $0.40 by $1.11. The business had revenue of $609.90 million for the quarter, compared to the consensus estimate of $595.49 million. Digital Realty Trust had a net margin of 11.71% and a return on equity of 5.15%. The firm’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period last year, the firm posted $1.44 earnings per share. research analysts predict that Digital Realty Trust, Inc. will post 6.1 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be given a $0.93 dividend. This represents a $3.72 annualized dividend and a dividend yield of 3.23%. The ex-dividend date of this dividend is Thursday, December 14th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 300.00%.

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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.

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

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