Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by M&T Bank Corp

M&T Bank Corp grew its position in Digital Realty Trust, Inc. (NYSE:DLRGet Rating) by 3.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,333 shares of the real estate investment trust’s stock after buying an additional 3,186 shares during the quarter. M&T Bank Corp’s holdings in Digital Realty Trust were worth $15,505,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in DLR. BlackRock Inc. raised its position in Digital Realty Trust by 5.3% during the fourth quarter. BlackRock Inc. now owns 27,078,699 shares of the real estate investment trust’s stock worth $4,789,409,000 after acquiring an additional 1,360,474 shares during the last quarter. State Street Corp raised its position in shares of Digital Realty Trust by 7.6% during the 4th quarter. State Street Corp now owns 17,720,869 shares of the real estate investment trust’s stock worth $3,154,473,000 after purchasing an additional 1,248,863 shares during the last quarter. Geode Capital Management LLC lifted its stake in Digital Realty Trust by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 5,331,398 shares of the real estate investment trust’s stock valued at $940,538,000 after buying an additional 274,575 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Digital Realty Trust by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,599,587 shares of the real estate investment trust’s stock valued at $459,789,000 after buying an additional 44,691 shares during the last quarter. Finally, Principal Financial Group Inc. increased its position in Digital Realty Trust by 4.4% during the fourth quarter. Principal Financial Group Inc. now owns 2,287,756 shares of the real estate investment trust’s stock worth $403,713,000 after buying an additional 95,545 shares in the last quarter. Institutional investors and hedge funds own 98.53% of the company’s stock.

Digital Realty Trust Stock Up 0.0 %

Shares of NYSE:DLR opened at $129.47 on Friday. The stock has a 50-day simple moving average of $129.92 and a 200-day simple moving average of $137.13. The stock has a market capitalization of $36.86 billion, a P/E ratio of 28.39, a PEG ratio of 2.79 and a beta of 0.31. Digital Realty Trust, Inc. has a 1 year low of $119.63 and a 1 year high of $178.22. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.59 and a current ratio of 0.55.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Tuesday, June 14th. This represents a $4.88 annualized dividend and a yield of 3.77%. Digital Realty Trust’s dividend payout ratio is currently 107.02%.

Analyst Ratings Changes

DLR has been the topic of a number of analyst reports. Wells Fargo & Company increased their price objective on Digital Realty Trust from $155.00 to $165.00 and gave the company an “overweight” rating in a research note on Monday, April 25th. Jefferies Financial Group raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their price objective for the company from $151.00 to $160.00 in a research report on Thursday, June 30th. TheStreet lowered shares of Digital Realty Trust from a “b-” rating to a “c+” rating in a research report on Tuesday, July 12th. StockNews.com downgraded Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Monday, May 2nd. Finally, Citigroup decreased their price objective on Digital Realty Trust from $165.00 to $160.00 and set a “buy” rating on the stock in a report on Friday, June 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $164.14.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, EVP David C. Ruberg sold 50,000 shares of the firm’s stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $137.55, for a total value of $6,877,500.00. Following the transaction, the executive vice president now directly owns 200,000 shares of the company’s stock, valued at $27,510,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Digital Realty Trust news, EVP David C. Ruberg sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $137.55, for a total value of $6,877,500.00. Following the completion of the transaction, the executive vice president now owns 200,000 shares in the company, valued at approximately $27,510,000. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Dyer Corey sold 2,504 shares of Digital Realty Trust stock in a transaction that occurred on Friday, June 24th. The shares were sold at an average price of $137.27, for a total transaction of $343,724.08. Following the sale, the executive vice president now owns 11,689 shares in the company, valued at approximately $1,604,549.03. The disclosure for this sale can be found here. Company insiders own 0.41% of the company’s stock.

Digital Realty Trust Profile

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Digital Realty supports the world's leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITALR, the company's global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture PDxTM solution methodology for scaling digital business and efficiently managing data gravity challenges.

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

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