1,533 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Acquired by Alta Advisers Ltd

Alta Advisers Ltd acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,533 shares of the real estate investment trust's stock, valued at approximately $220,000.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Digital Realty Trust by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 51,453,186 shares of the real estate investment trust's stock worth $9,124,193,000 after purchasing an additional 469,823 shares during the last quarter. Norges Bank purchased a new stake in Digital Realty Trust in the fourth quarter worth $3,858,428,000. Geode Capital Management LLC raised its stake in shares of Digital Realty Trust by 3.4% in the fourth quarter. Geode Capital Management LLC now owns 8,527,649 shares of the real estate investment trust's stock valued at $1,508,612,000 after buying an additional 281,704 shares during the period. Northern Trust Corp lifted its position in shares of Digital Realty Trust by 57.5% during the 4th quarter. Northern Trust Corp now owns 5,080,550 shares of the real estate investment trust's stock valued at $900,934,000 after buying an additional 1,854,748 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Digital Realty Trust by 11.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,819,606 shares of the real estate investment trust's stock worth $854,661,000 after acquiring an additional 492,692 shares during the period. Institutional investors own 99.71% of the company's stock.

Digital Realty Trust Price Performance

Shares of NYSE DLR traded up $0.44 during mid-day trading on Friday, reaching $172.60. 780,879 shares of the company were exchanged, compared to its average volume of 2,018,742. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. The company's 50 day moving average price is $170.59 and its 200 day moving average price is $164.54. The stock has a market capitalization of $58.13 billion, a PE ratio of 161.31, a PEG ratio of 2.62 and a beta of 0.95. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.04. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.07% and a net margin of 7.65%. The company's revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.67 earnings per share. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend was Friday, June 13th. Digital Realty Trust's payout ratio is currently 456.07%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Oppenheimer started coverage on Digital Realty Trust in a research note on Wednesday, May 14th. They issued an "outperform" rating and a $200.00 price objective on the stock. Barclays reduced their target price on shares of Digital Realty Trust from $142.00 to $139.00 and set an "underweight" rating for the company in a research note on Thursday, March 20th. Wall Street Zen upgraded shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a research note on Sunday, June 1st. Citigroup reduced their price objective on shares of Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Finally, Jefferies Financial Group restated a "buy" rating and set a $193.00 target price (up previously from $190.00) on shares of Digital Realty Trust in a research report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Digital Realty Trust currently has a consensus rating of "Moderate Buy" and a consensus target price of $187.16.

Insider Activity at Digital Realty Trust

In other news, Director Mark R. Patterson sold 175 shares of the company's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $176.50, for a total value of $30,887.50. Following the completion of the sale, the director owned 6,522 shares of the company's stock, valued at approximately $1,151,133. This represents a 2.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.13% of the company's stock.

About Digital Realty Trust

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.