Stephens Inc. AR Has $6.50 Million Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Stephens Inc. AR grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,139 shares of the real estate investment trust’s stock after purchasing an additional 243 shares during the period. Stephens Inc. AR’s holdings in Digital Realty Trust were worth $6,496,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in DLR. Trueblood Wealth Management LLC lifted its stake in shares of Digital Realty Trust by 3.1% in the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock worth $334,000 after acquiring an additional 61 shares during the period. Gilman Hill Asset Management LLC lifted its position 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 worth $940,000 after purchasing an additional 65 shares during the period. GHP Investment Advisors Inc. boosted its stake 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 purchasing an additional 66 shares during the last quarter. Telos Capital Management Inc. increased its position in shares of 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 worth $1,387,000 after buying an additional 71 shares during the period. Finally, Gradient Investments LLC raised its stake in Digital Realty Trust by 75.2% during the second quarter. Gradient Investments LLC now owns 177 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 76 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Performance

Shares of DLR opened at $176.00 on Friday. The firm has a market capitalization of $57.62 billion, a P/E ratio of 147.90, a P/E/G ratio of 5.86 and a beta of 0.59. Digital Realty Trust, Inc. has a 52 week low of $126.22 and a 52 week high of $193.88. The stock has a 50 day moving average price of $160.74 and a two-hundred day moving average price of $152.07. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.78 and a current ratio of 1.61.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results 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). Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the company posted $1.62 EPS. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Equities analysts forecast that Digital Realty Trust, Inc. will post 6.7 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors 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 dividend yield of 2.77%. The ex-dividend date was Friday, September 13th. Digital Realty Trust’s payout ratio is currently 410.08%.

Analyst Ratings Changes

DLR has been the topic of a number of research analyst reports. Hsbc Global Res raised shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a research report on Friday, October 4th. Raymond James upped their target price on Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a research report on Friday, October 25th. Jefferies Financial Group lifted their target price on Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Wells Fargo & Company increased their price target on Digital Realty Trust from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Finally, Barclays lifted their price objective on shares of Digital Realty Trust from $130.00 to $135.00 and gave the company an “underweight” rating in a research note on Thursday, October 10th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Digital Realty Trust presently has an average rating of “Hold” and a consensus 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.