Banque Cantonale Vaudoise Invests $3.75 Million in Digital Realty Trust, Inc. (NYSE:DLR)

Banque Cantonale Vaudoise acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 26,171 shares of the real estate investment trust's stock, valued at approximately $3,750,000.

Several other hedge funds and other institutional investors have also bought and sold shares of DLR. Orion Portfolio Solutions LLC raised its stake in Digital Realty Trust by 16.9% in the 4th quarter. Orion Portfolio Solutions LLC now owns 5,101 shares of the real estate investment trust's stock worth $905,000 after purchasing an additional 736 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in Digital Realty Trust by 20.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 22,141 shares of the real estate investment trust's stock valued at $3,926,000 after buying an additional 3,756 shares during the period. Wellington Management Group LLP increased its holdings in Digital Realty Trust by 4.2% in the 4th quarter. Wellington Management Group LLP now owns 325,678 shares of the real estate investment trust's stock valued at $57,752,000 after buying an additional 13,259 shares during the period. Alliancebernstein L.P. increased its holdings in Digital Realty Trust by 91.7% in the 4th quarter. Alliancebernstein L.P. now owns 1,529,796 shares of the real estate investment trust's stock valued at $271,279,000 after buying an additional 731,690 shares during the period. Finally, HighPoint Advisor Group LLC increased its holdings in Digital Realty Trust by 5.6% in the 4th quarter. HighPoint Advisor Group LLC now owns 5,343 shares of the real estate investment trust's stock valued at $885,000 after buying an additional 284 shares during the period. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Stock Down 0.5%

Shares of Digital Realty Trust stock traded down $0.95 during trading on Thursday, reaching $176.35. 1,963,273 shares of the company traded hands, compared to its average volume of 2,161,676. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.22 and a quick ratio of 1.92. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $198.00. The company has a 50 day moving average price of $174.08 and a 200-day moving average price of $164.00. The firm has a market capitalization of $59.39 billion, a PE ratio of 46.29, a P/E/G ratio of 3.31 and a beta of 0.95.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.74 by $0.13. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the company earned $1.65 EPS. Digital Realty Trust's quarterly revenue was up 10.0% compared to the same quarter last year. As a group, equities research analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were issued a dividend of $1.22 per share. The ex-dividend date was Friday, June 13th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust's dividend payout ratio is presently 128.08%.

Insiders Place Their Bets

In other Digital Realty Trust 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 transaction of $30,887.50. Following the transaction, the director owned 6,522 shares in the company, valued at approximately $1,151,133. This represents a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on DLR shares. JMP Securities reissued a "market outperform" rating and issued a $220.00 target price on shares of Digital Realty Trust in a report on Monday, April 28th. Oppenheimer started coverage on shares of Digital Realty Trust in a report on Wednesday, May 14th. They issued an "outperform" rating and a $200.00 target price on the stock. Jefferies Financial Group reissued a "buy" rating and issued a $193.00 target price (up from $190.00) on shares of Digital Realty Trust in a report on Friday, April 25th. Bank of America started coverage on shares of Digital Realty Trust in a report on Monday, May 19th. They set a "buy" rating and a $210.00 price target on the stock. Finally, Barclays lifted their price target on shares of Digital Realty Trust from $139.00 to $140.00 and gave the company an "underweight" rating in a report on Thursday, July 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $190.68.

Digital Realty Trust Company Profile

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.