Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Heitman Real Estate Securities LLC

Heitman Real Estate Securities LLC lowered its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 19.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 412,286 shares of the real estate investment trust’s stock after selling 98,632 shares during the period. Digital Realty Trust makes up 3.6% of Heitman Real Estate Securities LLC’s portfolio, making the stock its 8th largest holding. Heitman Real Estate Securities LLC owned 0.12% of Digital Realty Trust worth $66,720,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of DLR. Daiwa Securities Group Inc. lifted its holdings in Digital Realty Trust by 2.5% during the 3rd quarter. Daiwa Securities Group Inc. now owns 4,843,432 shares of the real estate investment trust’s stock worth $783,812,000 after purchasing an additional 117,461 shares during the last quarter. Canada Pension Plan Investment Board grew its stake in shares of Digital Realty Trust by 3.1% in the second quarter. Canada Pension Plan Investment Board now owns 4,826,432 shares of the real estate investment trust’s stock valued at $733,859,000 after acquiring an additional 146,183 shares in the last quarter. Legal & General Group Plc increased its position in Digital Realty Trust by 2.8% during the second quarter. Legal & General Group Plc now owns 4,730,168 shares of the real estate investment trust’s stock worth $719,222,000 after acquiring an additional 129,799 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Digital Realty Trust by 5.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,541,327 shares of the real estate investment trust’s stock valued at $690,498,000 after purchasing an additional 228,585 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Digital Realty Trust by 501.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock worth $700,224,000 after purchasing an additional 3,607,802 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Down 1.8 %

Shares of Digital Realty Trust stock opened at $192.18 on Tuesday. The stock’s 50-day moving average is $173.14 and its 200 day moving average is $158.36. Digital Realty Trust, Inc. has a one year low of $130.00 and a one year high of $198.00. The firm has a market cap of $63.75 billion, a price-to-earnings ratio of 161.49, a PEG ratio of 5.19 and a beta of 0.62. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.58). The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The business’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.62 EPS. Equities research analysts anticipate that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Announces Dividend

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 paid a $1.22 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.54%. Digital Realty Trust’s dividend payout ratio is presently 410.08%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on DLR shares. Stifel Nicolaus increased their price target on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Wells Fargo & Company increased their price objective on shares of Digital Realty Trust from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. Scotiabank boosted their target price on shares of Digital Realty Trust from $157.00 to $178.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. Jefferies Financial Group upped their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, TD Cowen lifted their price objective on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $170.37.

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.