11,587 Shares in Digital Realty Trust, Inc. $DLR Purchased by Machina Capital S.A.S.

Machina Capital S.A.S. purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,587 shares of the real estate investment trust’s stock, valued at approximately $2,034,000.

Other hedge funds have also made changes to their positions in the company. Knights of Columbus Asset Advisors LLC grew its stake in shares of Digital Realty Trust by 15.5% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 43,839 shares of the real estate investment trust’s stock worth $7,695,000 after purchasing an additional 5,894 shares during the last quarter. Lido Advisors LLC increased its holdings in shares of Digital Realty Trust by 14.4% in the third quarter. Lido Advisors LLC now owns 11,234 shares of the real estate investment trust’s stock valued at $1,972,000 after buying an additional 1,412 shares in the last quarter. New York Life Investment Management LLC lifted its holdings in shares of Digital Realty Trust by 6.3% during the third quarter. New York Life Investment Management LLC now owns 52,473 shares of the real estate investment trust’s stock valued at $9,211,000 after purchasing an additional 3,104 shares during the last quarter. Global Wealth Management Investment Advisory Inc. lifted its stake in Digital Realty Trust by 3.3% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 38,364 shares of the real estate investment trust’s stock valued at $6,734,000 after buying an additional 1,218 shares in the last quarter. Finally, Texas Bank & Trust Co lifted its position in shares of Digital Realty Trust by 2.6% in the 3rd quarter. Texas Bank & Trust Co now owns 4,990 shares of the real estate investment trust’s stock valued at $876,000 after acquiring an additional 126 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 1.4%

Shares of Digital Realty Trust stock opened at $183.66 on Friday. The firm has a market capitalization of $69.48 billion, a PE ratio of 76.84, a price-to-earnings-growth ratio of 3.55 and a beta of 0.97. The company’s fifty day moving average price is $179.87 and its two-hundred day moving average price is $183.77. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.72 and a quick ratio of 0.72.

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 return on equity of 3.68% and a net margin of 13.06%. The business’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period last year, the company earned $1.89 EPS. On average, analysts expect that Digital Realty Trust, Inc. will post 8.40 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Shareholders of record on Tuesday, December 15th will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, December 15th. Digital Realty Trust’s dividend payout ratio is 204.18%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Cantor Fitzgerald increased their target price on shares of Digital Realty Trust from $221.00 to $223.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. Evercore restated an “outperform” rating and set a $240.00 target price on shares of Digital Realty Trust in a report on Tuesday, August 18th. Canadian Imperial Bank of Commerce initiated coverage on Digital Realty Trust in a research report on Tuesday, October 20th. They issued an “outperform” rating and a $213.00 price target for the company. Finally, Royal Bank Of Canada upped their target price on Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $221.53.

Insider Transactions at Digital Realty Trust

In related 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 of the company’s stock, valued at $1,226,215.12. This trade represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.15% of the stock is owned by corporate insiders.

Digital Realty Trust Profile

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.