Moloney Securities Asset Management LLC Buys 284 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Moloney Securities Asset Management LLC boosted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 2.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,383 shares of the real estate investment trust’s stock after purchasing an additional 284 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Digital Realty Trust were worth $1,680,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of DLR. Clear Creek Financial Management LLC boosted its holdings in Digital Realty Trust by 1.6% in the third quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $621,000 after purchasing an additional 59 shares in the last quarter. Trueblood Wealth Management LLC lifted its position in shares of Digital Realty Trust by 3.1% during the 3rd quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock worth $334,000 after buying an additional 61 shares during the last quarter. Gilman Hill Asset Management LLC boosted its holdings in shares of 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 buying an additional 65 shares in the last quarter. GHP Investment Advisors Inc. grew its position in shares of 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 valued at $85,000 after buying an additional 66 shares during the last quarter. Finally, Telos Capital Management Inc. raised its stake in Digital Realty Trust by 0.8% during the 3rd quarter. Telos Capital Management Inc. now owns 8,569 shares of the real estate investment trust’s stock worth $1,387,000 after acquiring an additional 71 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Up 0.7 %

Shares of Digital Realty Trust stock opened at $177.32 on Tuesday. The company has a 50-day moving average of $161.28 and a two-hundred day moving average of $152.48. Digital Realty Trust, Inc. has a 12-month low of $126.22 and a 12-month high of $193.88. The company has a current ratio of 1.61, a quick ratio of 1.78 and a debt-to-equity ratio of 0.81. The stock has a market cap of $58.06 billion, a PE ratio of 149.01, a price-to-earnings-growth ratio of 5.66 and a beta of 0.59.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($1.58). The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.62 earnings per share. On average, research analysts anticipate that Digital Realty Trust, Inc. will post 6.7 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, December 13th will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.75%. Digital Realty Trust’s payout ratio is 410.08%.

Analyst Upgrades and Downgrades

DLR has been the topic of several research reports. Hsbc Global Res raised Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a report on Friday, October 4th. JPMorgan Chase & Co. lifted their price target on Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Wells Fargo & Company increased their price objective on Digital Realty Trust from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Argus cut shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Finally, Jefferies Financial Group increased their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Digital Realty Trust presently has a consensus rating of “Hold” and an average target price 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.