11,587 Shares in Digital Realty Trust, Inc. $DLR Purchased by Machina Capital S.A.S.

Machina Capital S.A.S. acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 11,587 shares of the real estate investment trust’s stock, valued at approximately $2,034,000.

Other institutional investors also recently modified their holdings of the company. Montecito Bank & Trust grew its stake in shares of Digital Realty Trust by 413.2% during the third quarter. Montecito Bank & Trust now owns 22,915 shares of the real estate investment trust’s stock worth $4,022,000 after purchasing an additional 18,450 shares during the period. NewEdge Advisors LLC raised its position in shares of Digital Realty Trust by 88.0% in the 2nd quarter. NewEdge Advisors LLC now owns 43,832 shares of the real estate investment trust’s stock valued at $7,871,000 after acquiring an additional 20,513 shares during the period. Benjamin Edwards Inc. raised its position in shares of Digital Realty Trust by 40.6% in the 2nd quarter. Benjamin Edwards Inc. now owns 88,953 shares of the real estate investment trust’s stock valued at $15,978,000 after acquiring an additional 25,667 shares during the period. Beacon Pointe Advisors LLC acquired a new stake in shares of Digital Realty Trust in the 2nd quarter valued at approximately $3,286,000. Finally, Galaxy Digital Capital Management GP LLC bought a new position in Digital Realty Trust during the 2nd quarter worth approximately $2,837,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. HSBC decreased their price objective on shares of Digital Realty Trust from $240.00 to $235.00 and set a “buy” rating for the company in a report on Wednesday, September 23rd. Cantor Fitzgerald lifted their target price on Digital Realty Trust from $221.00 to $223.00 and gave the company an “overweight” rating in a research report on Friday, October 30th. Wells Fargo & Company boosted their price target on shares of Digital Realty Trust from $220.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. BTIG Research upped their price objective on Digital Realty Trust from $215.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. Finally, Weiss Ratings lowered shares of Digital Realty Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, November 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Digital Realty Trust has an average rating of “Moderate Buy” and a consensus price target of $221.53.

Digital Realty Trust Trading Up 1.4%

Shares of Digital Realty Trust stock opened at $183.66 on Friday. The firm has a 50-day moving average of $179.87 and a 200-day moving average of $183.77. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The stock has a market cap of $69.48 billion, a PE ratio of 76.84, a PEG ratio of 3.55 and a beta of 0.97. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.72 and a current ratio of 0.72.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, October 29th. The real estate investment trust reported $0.48 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.04). The business had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.75 billion. Digital Realty Trust had a return on equity of 3.68% and a net margin of 13.06%. The firm’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.89 earnings per share. As a group, sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.40 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Tuesday, December 15th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $4.88 annualized dividend and a yield of 2.7%. Digital Realty Trust’s dividend payout ratio (DPR) is 204.18%.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total value of $38,792.00. Following the sale, the director owned 6,322 shares in the company, valued at $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.15% of the stock is owned by corporate insiders.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc. is a real estate investment trust that owns, operates and develops data centers. Its facilities support customers’ IT infrastructure, including the equipment and systems used to store, process and exchange digital information. The company provides data center space and related services, including colocation, interconnection and access to cloud and network providers. Its PlatformDIGITAL offering connects businesses with customers, partners and service providers across its data center portfolio.