Hudson Valley Investment Advisors Inc. ADV Purchases 150 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Hudson Valley Investment Advisors Inc. ADV lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 6.4% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,484 shares of the real estate investment trust’s stock after buying an additional 150 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV’s holdings in Digital Realty Trust were worth $402,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Trueblood Wealth Management LLC raised its position in shares of Digital Realty Trust by 3.1% during the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock valued at $334,000 after buying an additional 61 shares during the last quarter. Gilman Hill Asset Management LLC increased its holdings in Digital Realty Trust by 1.1% in the 2nd quarter. Gilman Hill Asset Management LLC now owns 6,179 shares of the real estate investment trust’s stock valued at $940,000 after acquiring an additional 65 shares during the last quarter. GHP Investment Advisors Inc. lifted its stake in Digital Realty Trust by 14.3% in the 3rd quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $85,000 after purchasing an additional 66 shares in the last quarter. Telos Capital Management Inc. boosted its stake in Digital Realty Trust by 0.8% during the third quarter. Telos Capital Management Inc. now owns 8,569 shares of the real estate investment trust’s stock valued at $1,387,000 after buying an additional 71 shares during the last quarter. Finally, Gradient Investments LLC grew its holdings in Digital Realty Trust by 75.2% during the 2nd quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 76 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 2.2 %

Shares of DLR opened at $178.20 on Friday. The firm has a market capitalization of $58.34 billion, a P/E ratio of 149.75, a P/E/G ratio of 5.08 and a beta of 0.60. Digital Realty Trust, Inc. has a 12-month low of $121.78 and a 12-month high of $193.88. The firm has a fifty day moving average price of $160.27 and a 200-day moving average price of $151.71. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, October 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). Digital Realty Trust had a return on equity of 5.93% and a net margin of 20.58%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the prior year, the company earned $1.62 earnings per share. Digital Realty Trust’s revenue was up 2.1% on a year-over-year basis. Equities research analysts expect that Digital Realty Trust, Inc. will post 6.65 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date of this dividend was Friday, September 13th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 410.08%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their price objective on Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Argus downgraded shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Stifel Nicolaus reissued a “buy” rating and issued a $195.00 price objective (up from $185.00) on shares of Digital Realty Trust in a research note on Friday, October 25th. Scotiabank upped their target price on shares of Digital Realty Trust from $157.00 to $178.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. Finally, Evercore ISI increased their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $167.68.

Digital Realty Trust Company Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.