Muzinich & Co. Inc. Has $206,000 Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Muzinich & Co. Inc. boosted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 7.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,366 shares of the real estate investment trust’s stock after buying an additional 90 shares during the period. Muzinich & Co. Inc.’s holdings in Digital Realty Trust were worth $206,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in Digital Realty Trust by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 44,104,515 shares of the real estate investment trust’s stock valued at $6,635,966,000 after buying an additional 125,355 shares during the last quarter. FMR LLC grew its stake in Digital Realty Trust by 3.6% in the 2nd quarter. FMR LLC now owns 11,119,963 shares of the real estate investment trust’s stock valued at $1,673,110,000 after buying an additional 382,954 shares during the last quarter. Capital International Investors grew its stake in Digital Realty Trust by 7.9% in the 1st quarter. Capital International Investors now owns 9,540,627 shares of the real estate investment trust’s stock valued at $1,343,744,000 after buying an additional 700,660 shares during the last quarter. Cohen & Steers Inc. grew its stake in Digital Realty Trust by 180.3% in the 1st quarter. Cohen & Steers Inc. now owns 7,450,351 shares of the real estate investment trust’s stock valued at $1,049,316,000 after buying an additional 4,792,073 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in Digital Realty Trust by 2.3% in the 2nd quarter. Geode Capital Management LLC now owns 4,923,746 shares of the real estate investment trust’s stock valued at $738,752,000 after buying an additional 110,936 shares during the last quarter. Institutional investors and hedge funds own 96.04% of the company’s stock.

Shares of Digital Realty Trust stock traded up $3.82 on Thursday, reaching $148.15. 22,263 shares of the stock were exchanged, compared to its average volume of 1,441,489. The firm’s 50 day moving average is $155.66 and its 200-day moving average is $153.06. Digital Realty Trust, Inc. has a one year low of $124.65 and a one year high of $168.30. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.55 and a current ratio of 0.55. The firm has a market cap of $41.87 billion, a PE ratio of 82.07, a P/E/G ratio of 3.52 and a beta of 0.12.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, July 29th. The real estate investment trust reported $0.45 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.58 by ($1.13). Digital Realty Trust had a return on equity of 3.52% and a net margin of 13.22%. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 6.5 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, September 30th. Stockholders of record on Wednesday, September 15th were issued a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date was Tuesday, September 14th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 74.60%.

In related news, EVP David C. Ruberg sold 55,212 shares of the company’s stock in a transaction that occurred on Wednesday, September 1st. The shares were sold at an average price of $166.11, for a total transaction of $9,171,265.32. Following the completion of the transaction, the executive vice president now directly owns 6,666 shares in the company, valued at approximately $1,107,289.26. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO A William Stein sold 59,735 shares of the company’s stock in a transaction that occurred on Friday, August 20th. The shares were sold at an average price of $164.03, for a total transaction of $9,798,332.05. Following the completion of the transaction, the chief executive officer now owns 59,735 shares of the company’s stock, valued at $9,798,332.05. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 204,884 shares of company stock valued at $33,906,264. 0.52% of the stock is currently owned by insiders.

A number of research analysts recently commented on DLR shares. Deutsche Bank Aktiengesellschaft upped their price target on shares of Digital Realty Trust from $167.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, August 3rd. TD Securities reissued a “buy” rating and issued a $180.00 price objective on shares of Digital Realty Trust in a report on Friday, September 17th. Credit Suisse Group downgraded shares of Digital Realty Trust from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $171.00 to $150.00 in a report on Tuesday, October 5th. Citigroup boosted their price objective on shares of Digital Realty Trust from $160.00 to $179.00 and gave the company a “buy” rating in a report on Thursday, August 19th. Finally, Barclays boosted their price objective on shares of Digital Realty Trust from $177.00 to $178.00 and gave the company an “overweight” rating in a report on Wednesday, August 25th. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $165.91.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.

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

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