National Pension Service Has $57.50 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

National Pension Service trimmed its stake in Digital Realty Trust, Inc. (NYSE:DLRGet Rating) by 2.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 405,484 shares of the real estate investment trust’s stock after selling 10,519 shares during the period. National Pension Service’s holdings in Digital Realty Trust were worth $57,498,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of DLR. Lazard Asset Management LLC lifted its holdings in shares of Digital Realty Trust by 7.2% during the 4th quarter. Lazard Asset Management LLC now owns 1,147 shares of the real estate investment trust’s stock worth $202,000 after acquiring an additional 77 shares during the period. Teacher Retirement System of Texas lifted its holdings in shares of Digital Realty Trust by 23.5% during the 4th quarter. Teacher Retirement System of Texas now owns 55,430 shares of the real estate investment trust’s stock worth $9,804,000 after acquiring an additional 10,538 shares during the period. Tredje AP fonden bought a new position in shares of Digital Realty Trust during the 4th quarter worth about $1,794,000. Capital Analysts LLC lifted its holdings in shares of Digital Realty Trust by 19.8% during the 4th quarter. Capital Analysts LLC now owns 1,070 shares of the real estate investment trust’s stock worth $190,000 after acquiring an additional 177 shares during the period. Finally, Industrial Alliance Investment Management Inc. bought a new position in shares of Digital Realty Trust during the 4th quarter worth about $39,000. 95.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Digital Realty Trust

In other news, EVP Dyer Corey sold 6,253 shares of Digital Realty Trust stock in a transaction that occurred on Wednesday, August 17th. The shares were sold at an average price of $132.40, for a total transaction of $827,897.20. Following the completion of the sale, the executive vice president now owns 11,689 shares in the company, valued at approximately $1,547,623.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.41% of the stock is owned by corporate insiders.

Digital Realty Trust Trading Up 0.6 %

Shares of NYSE DLR opened at $122.66 on Friday. Digital Realty Trust, Inc. has a 1-year low of $117.56 and a 1-year high of $178.22. The company has a market cap of $35.25 billion, a PE ratio of 26.90, a P/E/G ratio of 2.57 and a beta of 0.33. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.85. The company has a 50-day moving average of $127.04 and a two-hundred day moving average of $134.07.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend is Wednesday, September 14th. Digital Realty Trust’s dividend payout ratio is 107.02%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DLR. Jefferies Financial Group raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price target for the company from $151.00 to $160.00 in a report on Thursday, June 30th. Barclays cut their price target on shares of Digital Realty Trust from $142.00 to $126.00 and set an “equal weight” rating for the company in a report on Thursday, August 18th. Morgan Stanley cut their price target on shares of Digital Realty Trust from $154.00 to $141.00 and set an “equal weight” rating for the company in a report on Tuesday, July 26th. Citigroup cut their price target on shares of Digital Realty Trust from $165.00 to $160.00 and set a “buy” rating for the company in a report on Friday, June 10th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Digital Realty Trust from $144.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, August 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and an average price target of $162.14.

Digital Realty Trust Profile

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Digital Realty supports the world's leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITALR, the company's global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture PDxTM solution methodology for scaling digital business and efficiently managing data gravity challenges.

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

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