Digital Realty Trust, Inc. (DLR) Position Maintained by Bp Plc

BP PLC maintained its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,000 shares of the real estate investment trust’s stock at the end of the first quarter. BP PLC’s holdings in Digital Realty Trust were worth $2,021,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Ledyard National Bank boosted its position in shares of Digital Realty Trust by 15.9% in the first quarter. Ledyard National Bank now owns 1,095 shares of the real estate investment trust’s stock worth $116,000 after buying an additional 150 shares during the last quarter. Patriot Financial Group Insurance Agency LLC purchased a new position in Digital Realty Trust during the fourth quarter worth about $202,000. Exane Derivatives boosted its position in Digital Realty Trust by 157.3% in the first quarter. Exane Derivatives now owns 1,909 shares of the real estate investment trust’s stock worth $203,000 after buying an additional 1,167 shares during the last quarter. Geneva Advisors LLC purchased a new position in Digital Realty Trust during the first quarter worth about $205,000. Finally, Schneider Downs Wealth Management Advisors LP purchased a new position in Digital Realty Trust during the first quarter worth about $213,000.

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

Digital Realty Trust, Inc. (NYSE DLR) opened at 116.61 on Monday. Digital Realty Trust, Inc. has a 52-week low of $85.63 and a 52-week high of $120.04. The stock has a market cap of $18.63 billion and a P/E ratio of 50.22. The firm’s 50-day moving average is $115.80 and its 200-day moving average is $106.74.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, April 27th. The real estate investment trust reported $1.50 EPS for the quarter, beating the consensus estimate of $1.47 by $0.03. The company had revenue of $550.60 million during the quarter, compared to analysts’ expectations of $552.59 million. Digital Realty Trust had a return on equity of 12.14% and a net margin of 20.48%. The firm’s revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.42 EPS. Equities research analysts predict that Digital Realty Trust, Inc. will post $1.61 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 15th will be issued a $0.93 dividend. This represents a $3.72 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Tuesday, June 13th. Digital Realty Trust’s dividend payout ratio (DPR) is 158.97%.

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Several equities analysts recently issued reports on the stock. Royal Bank Of Canada reiterated a “buy” rating on shares of Digital Realty Trust in a research report on Monday, May 1st. BidaskClub lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Saturday, June 10th. Deutsche Bank AG upped their target price on shares of Digital Realty Trust from $105.00 to $109.00 and gave the stock a “hold” rating in a research note on Friday, April 28th. Stifel Nicolaus upped their target price on shares of Digital Realty Trust from $110.00 to $117.00 and gave the stock a “hold” rating in a research note on Monday, May 1st. Finally, Wells Fargo & Company restated a “market perform” rating on shares of Digital Realty Trust in a research report on Monday, June 12th. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $113.60.

In other news, SVP Joshua A. Mills sold 4,189 shares of Digital Realty Trust stock in a transaction dated Thursday, April 13th. The stock was sold at an average price of $110.00, for a total value of $460,790.00. Following the transaction, the senior vice president now directly owns 4,286 shares of the company’s stock, valued at approximately $471,460. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Joshua A. Mills sold 4,217 shares of Digital Realty Trust stock in a transaction dated Wednesday, April 5th. The shares were sold at an average price of $107.00, for a total value of $451,219.00. Following the completion of the transaction, the senior vice president now directly owns 8,383 shares in the company, valued at $896,981. The disclosure for this sale can be found here. Insiders sold a total of 17,617 shares of company stock valued at $2,017,329 in the last 90 days. 0.40% of the stock is owned by company insiders.

About Digital Realty Trust

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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