Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 255.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,564 shares of the real estate investment trust's stock after purchasing an additional 64,363 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Digital Realty Trust were worth $12,834,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. IFP Advisors Inc increased its holdings in shares of Digital Realty Trust by 19.2% in the 4th quarter. IFP Advisors Inc now owns 589 shares of the real estate investment trust's stock valued at $104,000 after acquiring an additional 95 shares during the last quarter. NewEdge Wealth LLC raised its holdings in Digital Realty Trust by 6.8% during the fourth quarter. NewEdge Wealth LLC now owns 21,793 shares of the real estate investment trust's stock worth $3,865,000 after purchasing an additional 1,393 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of Digital Realty Trust by 1.6% during the 4th quarter. Oppenheimer & Co. Inc. now owns 15,194 shares of the real estate investment trust's stock worth $2,694,000 after buying an additional 245 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in shares of Digital Realty Trust in the 4th quarter valued at $38,428,000. Finally, QRG Capital Management Inc. grew its position in shares of Digital Realty Trust by 13.9% in the 4th quarter. QRG Capital Management Inc. now owns 38,101 shares of the real estate investment trust's stock valued at $6,756,000 after buying an additional 4,662 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Price Performance

Shares of NYSE DLR traded up $1.32 during trading on Wednesday, hitting $172.57. 922,809 shares of the company were exchanged, compared to its average volume of 2,013,584. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.92 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 market cap of $58.12 billion, a price-to-earnings ratio of 161.19, a PEG ratio of 2.65 and a beta of 0.95. The firm's fifty day moving average price is $169.80 and its 200 day moving average price is $164.57.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $1.77 EPS for the quarter, topping analysts' consensus estimates of $1.73 by $0.04. Digital Realty Trust had a net margin of 7.65% and a return on equity of 2.07%. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the previous year, the firm earned $1.67 earnings per share. The firm's revenue was up 5.7% on a year-over-year basis. On average, sell-side 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 company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors 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 2.83%. Digital Realty Trust's dividend payout ratio is presently 456.07%.

Insider Buying and Selling

In other news, Director Mark R. Patterson sold 175 shares of the firm's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $176.50, for a total value of $30,887.50. Following the completion of the transaction, the director owned 6,522 shares in the company, valued at $1,151,133. This trade represents a 2.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.17% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Jefferies Financial Group restated a "buy" rating and set a $193.00 price target (up previously from $190.00) on shares of Digital Realty Trust in a research note on Friday, April 25th. Scotiabank lowered their target price on shares of Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating on the stock in a research report on Tuesday, April 22nd. Citigroup reduced their price target on shares of Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Bank of America initiated coverage on shares of Digital Realty Trust in a research report on Monday, May 19th. They set a "buy" rating and a $210.00 price objective on the stock. Finally, New Street Research raised shares of Digital Realty Trust to a "hold" rating in a report on Monday, April 28th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Digital Realty Trust has an average rating of "Moderate Buy" and a consensus price target of $187.16.

Digital Realty Trust 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.