Digital Realty Trust, Inc. (DLR) Shares Sold by Cypress Asset Management Inc. TX

Cypress Asset Management Inc. TX reduced its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 14.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,045 shares of the real estate investment trust’s stock after selling 5,215 shares during the quarter. Cypress Asset Management Inc. TX’s holdings in Digital Realty Trust were worth $3,674,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. IFP Advisors Inc raised its stake in shares of Digital Realty Trust by 49.3% in the third quarter. IFP Advisors Inc now owns 8,569 shares of the real estate investment trust’s stock valued at $1,014,000 after buying an additional 2,829 shares during the period. JPMorgan Chase & Co. increased its stake in Digital Realty Trust by 7.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,569,263 shares of the real estate investment trust’s stock worth $403,148,000 after acquiring an additional 243,995 shares during the last quarter. Uniplan Investment Counsel Inc. purchased a new position in shares of Digital Realty Trust in the 2nd quarter worth about $32,118,000. Strs Ohio boosted its holdings in shares of Digital Realty Trust by 23.1% in the 3rd quarter. Strs Ohio now owns 276,089 shares of the real estate investment trust’s stock worth $32,669,000 after purchasing an additional 51,720 shares in the last quarter. Finally, Arcadia Investment Management Corp MI boosted its holdings in shares of Digital Realty Trust by 2.4% in the 3rd quarter. Arcadia Investment Management Corp MI now owns 26,144 shares of the real estate investment trust’s stock worth $3,094,000 after purchasing an additional 609 shares in the last quarter.

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A number of equities analysts have recently issued reports on DLR shares. BidaskClub upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Zacks Investment Research cut Digital Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Canaccord Genuity restated a “buy” rating and set a $127.00 target price on shares of Digital Realty Trust in a report on Friday, August 18th. KeyCorp restated a “buy” rating and set a $130.00 target price on shares of Digital Realty Trust in a report on Friday, August 25th. Finally, Cowen and Company restated a “buy” rating and set a $126.00 target price on shares of Digital Realty Trust in a report on Friday, August 25th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $125.43.

Shares of Digital Realty Trust, Inc. (DLR) traded down $0.38 during mid-day trading on Monday, hitting $117.74. The stock had a trading volume of 239,533 shares, compared to its average volume of 1,267,094. Digital Realty Trust, Inc. has a 1 year low of $86.70 and a 1 year high of $127.23. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $24,220.00, a PE ratio of 19.75, a price-to-earnings-growth ratio of 3.02 and a beta of -0.09.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $1.11. The company had revenue of $609.90 million during the quarter, compared to analyst estimates of $595.49 million. Digital Realty Trust had a return on equity of 5.15% and a net margin of 11.71%. The firm’s revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the business posted $1.44 earnings per share. research analysts forecast that Digital Realty Trust, Inc. will post 6.09 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be given a $0.93 dividend. The ex-dividend date is Thursday, December 14th. This represents a $3.72 annualized dividend and a yield of 3.16%. Digital Realty Trust’s dividend payout ratio is currently 302.44%.

Digital Realty Trust Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. 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.

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

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