Digital Realty Trust, Inc. (NYSE:DLR) saw unusually large options trading activity on Thursday. Traders purchased 11,248 put options on the company. This is an increase of approximately 4,035% compared to the average volume of 272 put options.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Oppenheimer & Co. Inc. lifted its stake in Digital Realty Trust by 53.7% in the second quarter. Oppenheimer & Co. Inc. now owns 5,464 shares of the real estate investment trust’s stock worth $618,000 after acquiring an additional 1,910 shares during the period. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in Digital Realty Trust in the second quarter worth about $2,797,000. CIBC World Markets Inc. lifted its stake in Digital Realty Trust by 57.2% in the second quarter. CIBC World Markets Inc. now owns 15,978 shares of the real estate investment trust’s stock worth $1,805,000 after acquiring an additional 5,816 shares during the period. Eaton Vance Management lifted its stake in Digital Realty Trust by 9.8% in the second quarter. Eaton Vance Management now owns 8,440 shares of the real estate investment trust’s stock worth $953,000 after acquiring an additional 751 shares during the period. Finally, AXA lifted its position in shares of Digital Realty Trust by 26.8% during the second quarter. AXA now owns 2,387 shares of the real estate investment trust’s stock valued at $270,000 after buying an additional 504 shares during the last quarter. Hedge funds and other institutional investors own 98.34% of the company’s stock.
DLR has been the topic of a number of research reports. SunTrust Banks reissued a “buy” rating and issued a $140.00 price objective on shares of Digital Realty Trust in a report on Thursday, October 12th. Zacks Investment Research raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $133.00 price target on the stock in a report on Wednesday, October 11th. KeyCorp set a $130.00 price target on shares of Digital Realty Trust and gave the company a “buy” rating in a report on Sunday, October 29th. ValuEngine raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Deutsche Bank raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a report on Wednesday, January 10th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Digital Realty Trust currently has a consensus rating of “Buy” and a consensus price target of $123.40.
Digital Realty Trust (NYSE DLR) opened at $107.30 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.46 and a current ratio of 0.46. Digital Realty Trust has a 1 year low of $101.70 and a 1 year high of $127.23. The firm has a market cap of $22,044.03, a price-to-earnings ratio of 86.53, a price-to-earnings-growth ratio of 2.18 and a beta of -0.09.
Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.40 by $1.11. The business had revenue of $609.90 million for the quarter, compared to analysts’ expectations of $595.49 million. Digital Realty Trust had a net margin of 11.71% and a return on equity of 5.15%. The business’s revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.44 earnings per share. equities research analysts expect that Digital Realty Trust will post 6.1 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 15th were issued a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date was Thursday, December 14th. Digital Realty Trust’s payout ratio is presently 300.00%.
About Digital Realty Trust
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.
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