Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Czech National Bank

Czech National Bank lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 16.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 61,836 shares of the real estate investment trust’s stock after acquiring an additional 8,538 shares during the period. Czech National Bank’s holdings in Digital Realty Trust were worth $9,402,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Bleakley Financial Group LLC raised its stake in Digital Realty Trust by 23.6% during the 4th quarter. Bleakley Financial Group LLC now owns 3,866 shares of the real estate investment trust’s stock valued at $520,000 after acquiring an additional 737 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Digital Realty Trust in the fourth quarter worth about $21,101,000. Turtle Creek Wealth Advisors LLC bought a new position in Digital Realty Trust in the 4th quarter valued at about $32,000. Baillie Gifford & Co. increased its stake in Digital Realty Trust by 10.9% during the 4th quarter. Baillie Gifford & Co. now owns 4,796 shares of the real estate investment trust’s stock valued at $645,000 after buying an additional 473 shares during the period. Finally, Cerity Partners LLC raised its position in shares of Digital Realty Trust by 9.7% during the 4th quarter. Cerity Partners LLC now owns 22,748 shares of the real estate investment trust’s stock worth $3,061,000 after buying an additional 2,009 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 1.4 %

Shares of Digital Realty Trust stock traded down $2.03 during midday trading on Monday, hitting $148.09. The company’s stock had a trading volume of 140,562 shares, compared to its average volume of 1,891,048. Digital Realty Trust, Inc. has a 1-year low of $113.94 and a 1-year high of $162.58. The company has a quick ratio of 1.29, a current ratio of 1.78 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $46.27 billion, a P/E ratio of 41.70, a PEG ratio of 10.97 and a beta of 0.59. The stock has a 50-day simple moving average of $150.60 and a 200-day simple moving average of $145.33.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($1.43). The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.38 billion. Digital Realty Trust had a return on equity of 5.93% and a net margin of 20.58%. The company’s revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.68 earnings per share. As a group, sell-side analysts expect that Digital Realty Trust, Inc. will post 6.67 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be given a $1.22 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $4.88 dividend on an annualized basis and a yield of 3.30%. Digital Realty Trust’s payout ratio is 135.56%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on DLR. JPMorgan Chase & Co. upgraded shares of Digital Realty Trust from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $150.00 to $175.00 in a research note on Friday, June 28th. UBS Group boosted their price objective on Digital Realty Trust from $143.00 to $147.00 and gave the stock a “neutral” rating in a research note on Friday, May 3rd. Royal Bank of Canada raised their target price on Digital Realty Trust from $144.00 to $160.00 and gave the company an “outperform” rating in a research note on Monday, June 3rd. TD Cowen dropped their price target on shares of Digital Realty Trust from $122.00 to $120.00 and set a “hold” rating on the stock in a research report on Friday, July 26th. Finally, Stifel Nicolaus raised their price objective on shares of Digital Realty Trust from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, July 12th. Three analysts have rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Digital Realty Trust has a consensus rating of “Hold” and an average price target of $153.44.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 600 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $150.26, for a total value of $90,156.00. Following the transaction, the director now owns 9,055 shares in the company, valued at $1,360,604.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.17% of the company’s stock.

Digital Realty Trust 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.