Shelton Capital Management Buys Shares of 2,593 Digital Realty Trust, Inc. (DLR)

Shelton Capital Management bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,593 shares of the real estate investment trust’s stock, valued at approximately $307,000.

Several other institutional investors have also made changes to their positions in the company. Amica Retiree Medical Trust acquired a new position in Digital Realty Trust in the third quarter worth about $102,000. Grove Bank & Trust grew its stake in Digital Realty Trust by 1,284.6% in the third quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock worth $106,000 after purchasing an additional 835 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Digital Realty Trust by 50.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 973 shares of the real estate investment trust’s stock worth $110,000 after purchasing an additional 328 shares in the last quarter. Parallel Advisors LLC grew its stake in Digital Realty Trust by 18.0% in the second quarter. Parallel Advisors LLC now owns 972 shares of the real estate investment trust’s stock worth $112,000 after purchasing an additional 148 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC grew its stake in Digital Realty Trust by 4,984.2% in the third quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock worth $114,000 after purchasing an additional 947 shares in the last quarter. Institutional investors own 98.54% of the company’s stock.

Digital Realty Trust, Inc. (DLR) opened at $114.46 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.85. Digital Realty Trust, Inc. has a twelve month low of $94.21 and a twelve month high of $127.23. The stock has a market cap of $23,521.17, a PE ratio of 19.15, a price-to-earnings-growth ratio of 2.87 and a beta of -0.10.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.40 by $1.11. Digital Realty Trust had a net margin of 11.71% and a return on equity of 5.15%. The firm had revenue of $609.90 million for the quarter, compared to analysts’ expectations of $595.49 million. During the same quarter last year, the company posted $1.44 earnings per share. Digital Realty Trust’s revenue was up 11.6% on a year-over-year basis. equities analysts expect that Digital Realty Trust, Inc. will post 6.1 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be issued a $0.93 dividend. The ex-dividend date is Thursday, December 14th. This represents a $3.72 dividend on an annualized basis and a yield of 3.25%. Digital Realty Trust’s dividend payout ratio is currently 300.00%.

DLR has been the subject of a number of research reports. Cowen reiterated a “buy” rating and issued a $126.00 price target on shares of Digital Realty Trust in a research note on Friday, August 25th. Barclays reiterated a “buy” rating and issued a $132.00 price target on shares of Digital Realty Trust in a research note on Friday, September 8th. ValuEngine downgraded Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. KeyCorp reiterated a “buy” rating and issued a $130.00 price target on shares of Digital Realty Trust in a research note on Friday, August 25th. Finally, BidaskClub upgraded Digital Realty Trust from a “hold” rating to a “buy” rating in a research note on Thursday, August 24th. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $125.07.

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Digital Realty Trust 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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