Digital Realty Trust Sees Unusually Large Options Volume (DLR)

Digital Realty Trust, Inc. (NYSE:DLR) saw unusually large options trading on Thursday. Stock investors bought 4,890 put options on the stock. This is an increase of approximately 4,742% compared to the typical volume of 101 put options.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Amica Retiree Medical Trust purchased a new position in Digital Realty Trust during the third quarter valued at $102,000. Grove Bank & Trust lifted its position in Digital Realty Trust by 1,284.6% during the third quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock valued at $106,000 after purchasing an additional 835 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its position in Digital Realty Trust by 4,984.2% during the third quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock valued at $114,000 after purchasing an additional 947 shares in the last quarter. Parallel Advisors LLC lifted its position in Digital Realty Trust by 18.0% during the second quarter. Parallel Advisors LLC now owns 972 shares of the real estate investment trust’s stock valued at $112,000 after purchasing an additional 148 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Digital Realty Trust by 50.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 973 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 328 shares in the last quarter. Institutional investors own 98.61% of the company’s stock.

Digital Realty Trust (DLR) opened at $118.81 on Friday. The firm has a market capitalization of $23,975.15, a price-to-earnings ratio of 19.51, a P/E/G ratio of 2.98 and a beta of -0.10. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.85. Digital Realty Trust has a 52-week low of $88.65 and a 52-week high of $127.23.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be given a dividend of $0.93 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $3.72 annualized dividend and a yield of 3.13%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 300.00%.

Several brokerages recently commented on DLR. SunTrust Banks reaffirmed a “buy” rating and issued a $135.00 price objective on shares of Digital Realty Trust in a report on Friday, November 24th. Citigroup reaffirmed a “neutral” rating and issued a $127.00 price objective on shares of Digital Realty Trust in a report on Tuesday, September 26th. Canaccord Genuity reaffirmed a “buy” rating and issued a $127.00 price objective on shares of Digital Realty Trust in a report on Friday, August 18th. KeyCorp reaffirmed a “buy” rating and issued a $130.00 price objective on shares of Digital Realty Trust in a report on Tuesday, September 26th. Finally, Royal Bank Of Canada lifted their price objective on Digital Realty Trust from $127.00 to $133.00 and gave the stock an “outperform” rating in a report on Wednesday, October 4th. Ten investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $125.07.

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Digital Realty Trust Company 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.

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