Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lowered its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 7.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 46,774 shares of the real estate investment trust’s stock after selling 3,775 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Digital Realty Trust were worth $5,283,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in DLR. Renaissance Technologies LLC boosted its position in shares of Digital Realty Trust by 45.6% in the first quarter. Renaissance Technologies LLC now owns 397,100 shares of the real estate investment trust’s stock worth $42,247,000 after buying an additional 124,300 shares during the period. Tudor Investment Corp ET AL purchased a new position in shares of Digital Realty Trust during the first quarter worth approximately $1,610,000. Northwestern Mutual Investment Management Company LLC boosted its position in shares of Digital Realty Trust by 76.4% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 32,195 shares of the real estate investment trust’s stock worth $3,425,000 after buying an additional 13,944 shares during the period. Dean Investment Associates LLC boosted its position in shares of Digital Realty Trust by 6.4% in the first quarter. Dean Investment Associates LLC now owns 10,620 shares of the real estate investment trust’s stock worth $1,130,000 after buying an additional 642 shares during the period. Finally, Azimuth Capital Management LLC boosted its position in shares of Digital Realty Trust by 0.6% in the first quarter. Azimuth Capital Management LLC now owns 29,475 shares of the real estate investment trust’s stock worth $3,136,000 after buying an additional 170 shares during the period.

Shares of Digital Realty Trust, Inc. (DLR) opened at 111.82 on Friday. The stock’s 50 day moving average price is $113.61 and its 200 day moving average price is $111.16. Digital Realty Trust, Inc. has a 12 month low of $85.63 and a 12 month high of $121.53. The firm has a market cap of $18.14 billion, a price-to-earnings ratio of 45.42 and a beta of -0.03.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.05. The firm had revenue of $565.99 million during the quarter, compared to the consensus estimate of $559.93 million. Digital Realty Trust had a return on equity of 12.39% and a net margin of 21.27%. Digital Realty Trust’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.42 earnings per share. Equities research analysts predict that Digital Realty Trust, Inc. will post $1.58 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date is Thursday, September 14th. Digital Realty Trust’s dividend payout ratio is currently 148.21%.

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A number of research firms have issued reports on DLR. Deutsche Bank AG increased their price target on Digital Realty Trust from $105.00 to $109.00 and gave the company a “hold” rating in a research report on Friday, April 28th. BidaskClub raised Digital Realty Trust from a “hold” rating to a “buy” rating in a research report on Saturday, June 24th. Macquarie reaffirmed a “neutral” rating and issued a $105.00 price target on shares of Digital Realty Trust in a research report on Tuesday, July 4th. Barclays PLC reaffirmed an “overweight” rating and issued a $123.00 price target (up previously from $120.00) on shares of Digital Realty Trust in a research report on Wednesday, April 19th. Finally, Cowen and Company raised Digital Realty Trust from a “market perform” rating to an “outperform” rating and increased their price target for the company from $106.00 to $126.00 in a research report on Monday, June 12th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $116.67.

In related news, SVP Joshua A. Mills sold 9,211 shares of the stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of $120.00, for a total value of $1,105,320.00. Following the completion of the transaction, the senior vice president now owns 13,377 shares of the company’s stock, valued at $1,605,240. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William G. Laperch purchased 1,200 shares of Digital Realty Trust stock in a transaction that occurred on Monday, August 7th. The stock was acquired at an average cost of $25.00 per share, with a total value of $30,000.00. Following the acquisition, the director now directly owns 1,200 shares of the company’s stock, valued at approximately $30,000. The disclosure for this purchase can be found here. Corporate insiders own 0.40% of the company’s stock.

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.

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

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