Trade Report: Today, Digital Realty Trust Inc. (DLR) Position Boosted by Duff & Phelps Investment Management Co.

Today, Digital Realty Trust Inc. (DLR) Position Boosted by Duff & Phelps Investment Management Co.

Duff & Phelps Investment Management Co. boosted its stake in shares of Digital Realty Trust Inc. (NYSE:DLR) by 20.0% during the third quarter, Holdings Channel reports. The institutional investor owned 999,604 shares of the real estate investment trust’s stock after buying an additional 166,304 shares during the period. Digital Realty Trust makes up about 1.4% of Duff & Phelps Investment Management Co.’s portfolio, making the stock its 14th largest position. Duff & Phelps Investment Management Co.’s holdings in Digital Realty Trust were worth $97,081,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. National Planning Corp raised its stake in shares of Digital Realty Trust by 0.5% in the second quarter. National Planning Corp now owns 2,641 shares of the real estate investment trust’s stock valued at $276,000 after buying an additional 13 shares in the last quarter. Johnson Investment Counsel Inc. raised its stake in shares of Digital Realty Trust by 1.1% in the second quarter. Johnson Investment Counsel Inc. now owns 2,500 shares of the real estate investment trust’s stock valued at $272,000 after buying an additional 28 shares in the last quarter. Sheaff Brock Investment Advisors LLC raised its stake in shares of Digital Realty Trust by 0.8% in the second quarter. Sheaff Brock Investment Advisors LLC now owns 4,072 shares of the real estate investment trust’s stock valued at $444,000 after buying an additional 32 shares in the last quarter. First Allied Advisory Services Inc. raised its stake in shares of Digital Realty Trust by 0.8% in the second quarter. First Allied Advisory Services Inc. now owns 4,052 shares of the real estate investment trust’s stock valued at $438,000 after buying an additional 34 shares in the last quarter. Finally, Geneva Advisors LLC raised its stake in shares of Digital Realty Trust by 1.5% in the second quarter. Geneva Advisors LLC now owns 2,672 shares of the real estate investment trust’s stock valued at $291,000 after buying an additional 40 shares in the last quarter.

Digital Realty Trust Inc. (NYSE:DLR) opened at 91.53 on Tuesday. Digital Realty Trust Inc. has a 12-month low of $69.00 and a 12-month high of $113.21. The company has a market cap of $14.55 billion, a PE ratio of 63.08 and a beta of 0.14. The firm has a 50 day moving average price of $92.19 and a 200 day moving average price of $98.45.

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

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

A number of brokerages have commented on DLR. TheStreet upgraded Digital Realty Trust from a “hold” rating to a “buy” rating in a research note on Thursday, October 27th. Jefferies Group restated a “hold” rating on shares of Digital Realty Trust in a research note on Tuesday, August 23rd. Deutsche Bank AG restated a “buy” rating on shares of Digital Realty Trust in a research note on Friday, October 28th. Royal Bank Of Canada lifted their target price on Digital Realty Trust from $105.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, August 4th. Finally, Zacks Investment Research upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and set a $108.00 target price for the company in a research note on Thursday, October 20th. Six analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $106.00.

In other news, SVP Joshua A. Mills sold 4,519 shares of the firm’s stock in a transaction that occurred on Friday, September 16th. The shares were sold at an average price of $92.22, for a total transaction of $416,742.18. Following the completion of the sale, the senior vice president now owns 8,685 shares of the company’s stock, valued at $800,930.70. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Edward F. Sham sold 14,701 shares of the firm’s stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $92.50, for a total transaction of $1,359,842.50. Following the sale, 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. 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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Trade Report: Today, Digital Realty Trust Inc. (DLR) Position Boosted by Duff & Phelps Investment Management Co.

Today, Digital Realty Trust Inc. (DLR) Position Boosted by Duff & Phelps Investment Management Co.

Duff & Phelps Investment Management Co. boosted its stake in shares of Digital Realty Trust Inc. (NYSE:DLR) by 20.0% during the third quarter, Holdings Channel reports. The institutional investor owned 999,604 shares of the real estate investment trust’s stock after buying an additional 166,304 shares during the period. Digital Realty Trust makes up about 1.4% of Duff & Phelps Investment Management Co.’s portfolio, making the stock its 14th largest position. Duff & Phelps Investment Management Co.’s holdings in Digital Realty Trust were worth $97,081,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. National Planning Corp raised its stake in shares of Digital Realty Trust by 0.5% in the second quarter. National Planning Corp now owns 2,641 shares of the real estate investment trust’s stock valued at $276,000 after buying an additional 13 shares in the last quarter. Johnson Investment Counsel Inc. raised its stake in shares of Digital Realty Trust by 1.1% in the second quarter. Johnson Investment Counsel Inc. now owns 2,500 shares of the real estate investment trust’s stock valued at $272,000 after buying an additional 28 shares in the last quarter. Sheaff Brock Investment Advisors LLC raised its stake in shares of Digital Realty Trust by 0.8% in the second quarter. Sheaff Brock Investment Advisors LLC now owns 4,072 shares of the real estate investment trust’s stock valued at $444,000 after buying an additional 32 shares in the last quarter. First Allied Advisory Services Inc. raised its stake in shares of Digital Realty Trust by 0.8% in the second quarter. First Allied Advisory Services Inc. now owns 4,052 shares of the real estate investment trust’s stock valued at $438,000 after buying an additional 34 shares in the last quarter. Finally, Geneva Advisors LLC raised its stake in shares of Digital Realty Trust by 1.5% in the second quarter. Geneva Advisors LLC now owns 2,672 shares of the real estate investment trust’s stock valued at $291,000 after buying an additional 40 shares in the last quarter.

Digital Realty Trust Inc. (NYSE:DLR) opened at 91.53 on Tuesday. Digital Realty Trust Inc. has a 12-month low of $69.00 and a 12-month high of $113.21. The company has a market cap of $14.55 billion, a PE ratio of 63.08 and a beta of 0.14. The firm has a 50 day moving average price of $92.19 and a 200 day moving average price of $98.45.

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

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

A number of brokerages have commented on DLR. TheStreet upgraded Digital Realty Trust from a “hold” rating to a “buy” rating in a research note on Thursday, October 27th. Jefferies Group restated a “hold” rating on shares of Digital Realty Trust in a research note on Tuesday, August 23rd. Deutsche Bank AG restated a “buy” rating on shares of Digital Realty Trust in a research note on Friday, October 28th. Royal Bank Of Canada lifted their target price on Digital Realty Trust from $105.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, August 4th. Finally, Zacks Investment Research upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and set a $108.00 target price for the company in a research note on Thursday, October 20th. Six analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $106.00.

In other news, SVP Joshua A. Mills sold 4,519 shares of the firm’s stock in a transaction that occurred on Friday, September 16th. The shares were sold at an average price of $92.22, for a total transaction of $416,742.18. Following the completion of the sale, the senior vice president now owns 8,685 shares of the company’s stock, valued at $800,930.70. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Edward F. Sham sold 14,701 shares of the firm’s stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $92.50, for a total transaction of $1,359,842.50. Following the sale, 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. 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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