Digital Realty Trust, Inc. (NYSE:DLR) Director William G. Laperch acquired 1,200 shares of the stock in a transaction on Monday, August 7th. The stock was bought at an average cost of $25.00 per share, with a total value of $30,000.00. Following the completion of the transaction, the director now owns 1,200 shares in the company, valued at $30,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Digital Realty Trust, Inc. (NYSE DLR) traded up 0.56% during midday trading on Wednesday, reaching $114.41. 656,944 shares of the company were exchanged. The company has a market capitalization of $18.56 billion, a PE ratio of 46.47 and a beta of -0.03. Digital Realty Trust, Inc. has a 52 week low of $85.63 and a 52 week high of $121.53. The firm has a 50-day moving average price of $114.26 and a 200-day moving average price of $110.85.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.05. Digital Realty Trust had a net margin of 21.27% and a return on equity of 12.39%. The company had revenue of $565.99 million during the quarter, compared to the consensus estimate of $559.93 million. During the same quarter in the previous year, the firm earned $1.42 earnings per share. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. Equities research analysts anticipate that Digital Realty Trust, Inc. will post $1.58 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be paid a $0.93 dividend. The ex-dividend date is Thursday, September 14th. This represents a $3.72 dividend on an annualized basis and a yield of 3.25%. Digital Realty Trust’s dividend payout ratio is currently 148.21%.

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A number of hedge funds and other institutional investors have recently modified their holdings of DLR. Renaissance Technologies LLC increased its position in shares of Digital Realty Trust by 45.6% in the first quarter. Renaissance Technologies LLC now owns 397,100 shares of the real estate investment trust’s stock worth $42,247,000 after buying an additional 124,300 shares in the last quarter. Tudor Investment Corp ET AL purchased a new position in shares of Digital Realty Trust during the first quarter worth about $1,610,000. Northwestern Mutual Investment Management Company LLC increased its position in shares of Digital Realty Trust by 76.4% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 32,195 shares of the real estate investment trust’s stock worth $3,425,000 after buying an additional 13,944 shares in the last quarter. Dean Investment Associates LLC increased its position in shares of Digital Realty Trust by 6.4% in the first quarter. Dean Investment Associates LLC now owns 10,620 shares of the real estate investment trust’s stock worth $1,130,000 after buying an additional 642 shares in the last quarter. Finally, Azimuth Capital Management LLC increased its position in shares of Digital Realty Trust by 0.6% in the first quarter. Azimuth Capital Management LLC now owns 29,475 shares of the real estate investment trust’s stock worth $3,136,000 after buying an additional 170 shares in the last quarter.

Several equities research analysts have recently weighed in on DLR shares. Wells Fargo & Company cut shares of Digital Realty Trust from an “outperform” rating to a “market perform” rating and set a $118.00 price target for the company. in a research report on Wednesday, May 17th. Zacks Investment Research cut shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $127.00 price target on shares of Digital Realty Trust in a research report on Thursday, June 8th. Cowen and Company raised shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $106.00 to $126.00 in a research report on Monday, June 12th. Finally, Barclays PLC reaffirmed an “overweight” rating and issued a $123.00 price target (up previously from $120.00) on shares of Digital Realty Trust in a research report on Wednesday, April 19th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $116.67.

About Digital Realty Trust

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.

Insider Buying and Selling by Quarter for Digital Realty Trust (NYSE:DLR)

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