Trading Report: Today, Alps Advisors Inc. Reduced the position of Digital Realty Trust Inc. (DLR)

Today, Alps Advisors Inc. Reduced the position of Digital Realty Trust Inc. (DLR)

Alps Advisors Inc. decreased its position in shares of Digital Realty Trust Inc. (NYSE:DLR) by 5.2% during the third quarter, Holdings Channel reports. The fund owned 15,803 shares of the real estate investment trust’s stock after selling 862 shares during the period. Alps Advisors Inc.’s holdings in Digital Realty Trust were worth $1,535,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Livforsakringsbolaget Skandia Omsesidigt increased its position in Digital Realty Trust by 63.1% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 16,027 shares of the real estate investment trust’s stock worth $1,747,000 after buying an additional 6,200 shares during the last quarter. Capital Analysts LLC increased its position in Digital Realty Trust by 617.2% in the second quarter. Capital Analysts LLC now owns 6,383 shares of the real estate investment trust’s stock worth $815,000 after buying an additional 5,493 shares during the last quarter. Capstone Asset Management Co. increased its position in Digital Realty Trust by 287.0% in the second quarter. Capstone Asset Management Co. now owns 14,631 shares of the real estate investment trust’s stock worth $1,595,000 after buying an additional 10,850 shares during the last quarter. NN Investment Partners Holdings N.V. increased its position in Digital Realty Trust by 84.7% in the second quarter. NN Investment Partners Holdings N.V. now owns 731,815 shares of the real estate investment trust’s stock worth $79,760,000 after buying an additional 335,700 shares during the last quarter. Finally, Creative Planning increased its position in Digital Realty Trust by 175.4% in the second quarter. Creative Planning now owns 16,138 shares of the real estate investment trust’s stock worth $1,759,000 after buying an additional 10,278 shares during the last quarter.

Digital Realty Trust Inc. (NYSE:DLR) traded up 0.64% during trading on Monday, reaching $91.53. 895,187 shares of the company traded hands. The firm has a market capitalization of $14.55 billion, a price-to-earnings ratio of 63.08 and a beta of 0.14. Digital Realty Trust Inc. has a 52 week low of $69.00 and a 52 week high of $113.21. The company’s 50-day moving average price is $92.19 and its 200 day moving average price is $98.45.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, October 27th. The real estate investment trust reported $1.44 EPS for the quarter, hitting analysts’ consensus estimates of $1.44. Digital Realty Trust had a return on equity of 9.81% and a net margin of 15.25%. The company earned $546.30 million during the quarter, compared to analyst estimates of $538.82 million. During the same quarter last year, the firm posted $1.28 earnings per share. The firm’s revenue was up 25.3% on a year-over-year basis. On average, equities research analysts expect that Digital Realty Trust Inc. will post $5.71 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 13th. Shareholders of record on Thursday, December 15th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend is Tuesday, December 13th. Digital Realty Trust’s dividend payout ratio is currently 246.15%.

A number of research firms recently issued reports on DLR. RBC Capital Markets reiterated an “outperform” rating and set a $120.00 target price (up previously from $105.00) on shares of Digital Realty Trust in a research report on Thursday, August 4th. Royal Bank Of Canada boosted their price target on shares of Digital Realty Trust from $105.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, August 4th. Barclays PLC boosted their price target on shares of Digital Realty Trust from $118.00 to $126.00 and gave the company an “overweight” rating in a research note on Friday, August 12th. Jefferies Group decreased their price target on shares of Digital Realty Trust from $115.00 to $109.00 and set a “hold” rating for the company in a research note on Thursday, August 11th. Finally, Bank of America Corp. restated a “buy” rating and set a $120.00 price target on shares of Digital Realty Trust in a research note on Wednesday, September 28th. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Digital Realty Trust has an average rating of “Buy” and an average target price of $106.00.

In other Digital Realty Trust news, SVP Joshua A. Mills sold 4,519 shares of the firm’s stock in a transaction on Friday, September 16th. The stock was sold at an average price of $92.22, for a total transaction of $416,742.18. Following the completion of the transaction, the senior vice president now owns 8,685 shares of the company’s stock, valued at $800,930.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Edward F. Sham sold 14,701 shares of the firm’s stock in a transaction on Thursday, September 15th. The shares were sold at an average price of $92.50, for a total value of $1,359,842.50. Following the transaction, the insider now directly owns 19,039 shares of the company’s stock, valued at approximately $1,761,107.50. The disclosure for this sale can be found here. Company insiders own 0.29% of the company’s stock.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company owns, acquires, develops and manages technology-related real estate. 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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