63,886 Digital Realty Trust, Inc. $DLR Shares Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP boosted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 8,318.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,654 shares of the real estate investment trust’s stock after buying an additional 63,886 shares during the period. Digital Realty Trust makes up 0.5% of Fulcrum Asset Management LLP’s holdings, making the stock its 26th biggest holding. Fulcrum Asset Management LLP’s holdings in Digital Realty Trust were worth $11,415,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. bought a new stake in Digital Realty Trust during the second quarter valued at $7,277,032,000. Bank of America Corp DE bought a new position in shares of Digital Realty Trust in the 2nd quarter worth about $1,605,671,000. Canada Pension Plan Investment Board bought a new position in shares of Digital Realty Trust in the 2nd quarter worth about $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Digital Realty Trust by 17,256.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust’s stock valued at $878,325,000 after purchasing an additional 4,862,814 shares during the period. Finally, Legal & General Group Plc acquired a new position in shares of Digital Realty Trust in the 2nd quarter valued at about $691,559,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Mark Patterson sold 200 shares of Digital Realty Trust stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the completion of the transaction, the director directly owned 6,322 shares in the company, valued at $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

DLR has been the topic of several research analyst reports. Canadian Imperial Bank of Commerce started coverage on Digital Realty Trust in a research note on Tuesday, October 20th. They set an “outperform” rating and a $213.00 target price for the company. KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Royal Bank Of Canada boosted their price target on Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. BTIG Research increased their price target on Digital Realty Trust from $215.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, September 10th. Finally, Cantor Fitzgerald increased their price target on Digital Realty Trust from $221.00 to $223.00 and gave the stock an “overweight” rating in a report on Friday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $221.53.

Digital Realty Trust Price Performance

Shares of DLR opened at $174.03 on Monday. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The business’s fifty day moving average is $180.10 and its 200 day moving average is $183.34. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.70. The stock has a market cap of $65.84 billion, a P/E ratio of 72.81, a P/E/G ratio of 3.40 and a beta of 0.97.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, October 29th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.04). The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.75 billion. Digital Realty Trust had a net margin of 13.06% and a return on equity of 3.68%. The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.89 EPS. Sell-side analysts anticipate that Digital Realty Trust, Inc. will post 8.42 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 Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 204.18%.

About Digital Realty Trust

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers. Its facilities support customers’ IT infrastructure, including the equipment and systems used to store, process and exchange digital information.

The company provides data center space and related services, including colocation, interconnection and access to cloud and network providers. Its PlatformDIGITAL offering connects businesses with customers, partners and service providers across its data center portfolio.