23,900 Shares in Digital Realty Trust, Inc. (DLR) Purchased by Kayne Anderson Capital Advisors LP

Kayne Anderson Capital Advisors LP purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 23,900 shares of the real estate investment trust’s stock, valued at approximately $2,827,000.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Digital Realty Trust by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 27,928,426 shares of the real estate investment trust’s stock valued at $3,154,515,000 after purchasing an additional 284,515 shares during the period. BlackRock Inc. lifted its stake in shares of Digital Realty Trust by 2.8% in the 2nd quarter. BlackRock Inc. now owns 15,575,651 shares of the real estate investment trust’s stock valued at $1,759,269,000 after purchasing an additional 428,327 shares during the period. Daiwa Securities Group Inc. lifted its stake in shares of Digital Realty Trust by 41.5% in the 3rd quarter. Daiwa Securities Group Inc. now owns 6,474,187 shares of the real estate investment trust’s stock valued at $766,091,000 after purchasing an additional 1,897,642 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Digital Realty Trust by 7.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,569,263 shares of the real estate investment trust’s stock valued at $403,148,000 after purchasing an additional 243,995 shares during the period. Finally, PGGM Investments lifted its stake in shares of Digital Realty Trust by 15.2% in the 3rd quarter. PGGM Investments now owns 2,923,831 shares of the real estate investment trust’s stock valued at $345,977,000 after purchasing an additional 386,208 shares during the period.

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Digital Realty Trust, Inc. (NYSE:DLR) traded down $1.07 during mid-day trading on Thursday, reaching $117.21. The company’s stock had a trading volume of 689,000 shares, compared to its average volume of 1,262,734. The company has a market cap of $24,299.75, a PE ratio of 19.78, a PEG ratio of 3.02 and a beta of -0.09. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.46 and a current ratio of 0.46. Digital Realty Trust, Inc. has a 52-week low of $88.22 and a 52-week high of $127.23.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.40 by $1.11. The firm had revenue of $609.90 million during the quarter, compared to analysts’ expectations of $595.49 million. Digital Realty Trust had a return on equity of 5.15% and a net margin of 11.71%. The company’s revenue was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.44 EPS. equities analysts expect that Digital Realty Trust, Inc. will post 6.09 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be issued a $0.93 dividend. This represents a $3.72 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend is Thursday, December 14th. Digital Realty Trust’s payout ratio is 300.00%.

DLR has been the topic of a number of analyst reports. ValuEngine raised Digital Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Stifel Nicolaus reissued a “hold” rating and issued a $117.00 price target on shares of Digital Realty Trust in a research note on Thursday, September 14th. Zacks Investment Research raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a research note on Monday, October 30th. Deutsche Bank AG raised their price objective on Digital Realty Trust from $111.00 to $130.00 and gave the stock a “hold” rating in a research note on Thursday, October 26th. Finally, Barclays PLC reaffirmed a “buy” rating and set a $132.00 price objective on shares of Digital Realty Trust in a research note on Friday, September 8th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $125.43.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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