Pictet Asset Management Ltd. increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 10.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 533,304 shares of the real estate investment trust’s stock after purchasing an additional 51,104 shares during the quarter. Pictet Asset Management Ltd. owned 0.33% of Digital Realty Trust worth $63,106,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of DLR. Principal Financial Group Inc. increased its stake in Digital Realty Trust by 171.5% during the 2nd quarter. Principal Financial Group Inc. now owns 1,645,291 shares of the real estate investment trust’s stock worth $185,835,000 after purchasing an additional 1,039,244 shares in the last quarter. Capital International Investors increased its stake in Digital Realty Trust by 253.1% during the 2nd quarter. Capital International Investors now owns 1,352,500 shares of the real estate investment trust’s stock worth $152,765,000 after purchasing an additional 969,500 shares in the last quarter. Uniplan Investment Counsel Inc. bought a new stake in Digital Realty Trust during the 2nd quarter worth approximately $32,118,000. Janus Henderson Group PLC increased its stake in Digital Realty Trust by 4,790.7% during the 2nd quarter. Janus Henderson Group PLC now owns 911,379 shares of the real estate investment trust’s stock worth $102,941,000 after purchasing an additional 892,744 shares in the last quarter. Finally, BlackRock Inc. increased its stake in Digital Realty Trust by 2.8% during the 2nd quarter. BlackRock Inc. now owns 15,575,651 shares of the real estate investment trust’s stock worth $1,759,269,000 after purchasing an additional 428,327 shares in the last quarter.

In other news, Director William G. Laperch acquired 1,200 shares of Digital Realty Trust stock in a transaction dated Monday, August 7th. The shares were purchased at an average cost of $25.00 per share, for a total transaction of $30,000.00. Following the transaction, the director now owns 1,200 shares of the company’s stock, valued at $30,000. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Christopher Sharp sold 25,733 shares of the stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $116.44, for a total value of $2,996,350.52. Following the transaction, the insider now owns 25,733 shares in the company, valued at $2,996,350.52. The disclosure for this sale can be found here. 0.40% of the stock is owned by corporate insiders.

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Digital Realty Trust, Inc. (NYSE:DLR) opened at 118.44 on Wednesday. The company has a market cap of $19.21 billion, a PE ratio of 48.11 and a beta of 0.01. The company has a 50 day moving average price of $118.97 and a 200-day moving average price of $116.25. Digital Realty Trust, Inc. has a 12 month low of $85.63 and a 12 month high of $127.23.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $1.11. The business had revenue of $609.90 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.44 EPS. Equities analysts predict that Digital Realty Trust, Inc. will post $1.46 earnings per share for the current fiscal year.

A number of research firms recently issued reports on DLR. KeyCorp set a $130.00 target price on Digital Realty Trust and gave the stock a “buy” rating in a research note on Sunday. TheStreet cut shares of Digital Realty Trust from a “b” rating to a “c+” rating in a research note on Monday. Zacks Investment Research cut shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Tuesday. Citigroup Inc. reaffirmed a “neutral” rating and set a $127.00 price target on shares of Digital Realty Trust in a research note on Tuesday, September 26th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $120.00 price target on shares of Digital Realty Trust in a research note on Tuesday, October 24th. Eleven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $124.00.

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.

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

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