Vectors Research Management LLC Has $3.08 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Vectors Research Management LLC increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 15.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,507 shares of the real estate investment trust's stock after acquiring an additional 2,930 shares during the quarter. Digital Realty Trust makes up approximately 1.1% of Vectors Research Management LLC's holdings, making the stock its 29th biggest holding. Vectors Research Management LLC's holdings in Digital Realty Trust were worth $3,082,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Invesco Ltd. raised its stake in Digital Realty Trust by 18.4% during the fourth quarter. Invesco Ltd. now owns 3,905,883 shares of the real estate investment trust's stock worth $692,630,000 after acquiring an additional 607,132 shares during the period. Private Advisor Group LLC raised its stake in Digital Realty Trust by 4.1% during the fourth quarter. Private Advisor Group LLC now owns 13,533 shares of the real estate investment trust's stock worth $2,400,000 after acquiring an additional 527 shares during the period. Cbre Investment Management Listed Real Assets LLC raised its stake in Digital Realty Trust by 136.8% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 193,543 shares of the real estate investment trust's stock worth $34,321,000 after acquiring an additional 111,811 shares during the period. QRG Capital Management Inc. raised its stake in Digital Realty Trust by 13.9% during the fourth quarter. QRG Capital Management Inc. now owns 38,101 shares of the real estate investment trust's stock worth $6,756,000 after acquiring an additional 4,662 shares during the period. Finally, Teacher Retirement System of Texas raised its stake in Digital Realty Trust by 31.0% during the fourth quarter. Teacher Retirement System of Texas now owns 43,136 shares of the real estate investment trust's stock worth $7,649,000 after acquiring an additional 10,210 shares during the period. Institutional investors and hedge funds own 99.71% of the company's stock.

Insider Buying and Selling

In related news, Director Mark R. Patterson sold 175 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the director now directly owns 6,522 shares in the company, valued at approximately $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 at the SEC website. 0.13% of the stock is currently owned by insiders.

Digital Realty Trust Price Performance

Shares of NYSE DLR traded up $1.75 during mid-day trading on Friday, reaching $171.34. 2,658,797 shares of the company traded hands, compared to its average volume of 2,018,051. The firm has a market cap of $57.70 billion, a PE ratio of 160.13, a price-to-earnings-growth ratio of 2.58 and a beta of 0.95. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.92 and a quick ratio of 1.92. The stock has a fifty day simple moving average of $168.80 and a 200-day simple moving average of $164.91.

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

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Friday, June 13th. Digital Realty Trust's payout ratio is 456.07%.

Analyst Ratings Changes

Several research firms recently weighed in on DLR. Mizuho increased their price objective on shares of Digital Realty Trust from $177.00 to $191.00 and gave the stock an "outperform" rating in a research note on Tuesday, June 17th. Jefferies Financial Group reiterated a "buy" rating and set a $193.00 price objective (up previously from $190.00) on shares of Digital Realty Trust in a research note on Friday, April 25th. JMP Securities restated a "market outperform" rating and issued a $220.00 price target on shares of Digital Realty Trust in a research note on Monday, April 28th. Citigroup dropped their price target on shares of Digital Realty Trust from $188.00 to $174.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Finally, 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. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $186.55.

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.