Fenimore Asset Management Inc. Decreases Stake in Digital Realty Trust Inc. (DLR)

Fenimore Asset Management Inc. cut its stake in Digital Realty Trust Inc. (NYSE:DLR) by 43.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 111,230 shares of the real estate investment trust’s stock after selling 84,085 shares during the period. Fenimore Asset Management Inc. owned about 0.08% of Digital Realty Trust worth $10,803,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Digital Realty Trust by 16.9% in the second quarter. Vanguard Group Inc. now owns 25,877,906 shares of the real estate investment trust’s stock worth $2,820,434,000 after buying an additional 3,744,997 shares during the last quarter. State Street Corp increased its position in shares of Digital Realty Trust by 61.0% in the second quarter. State Street Corp now owns 8,456,749 shares of the real estate investment trust’s stock worth $921,701,000 after buying an additional 3,203,272 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Digital Realty Trust by 81.4% in the second quarter. Ameriprise Financial Inc. now owns 1,957,469 shares of the real estate investment trust’s stock worth $213,345,000 after buying an additional 878,416 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Digital Realty Trust by 70.3% in the second quarter. JPMorgan Chase & Co. now owns 1,677,260 shares of the real estate investment trust’s stock worth $182,805,000 after buying an additional 692,533 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Digital Realty Trust by 31.6% in the second quarter. Bank of New York Mellon Corp now owns 2,835,504 shares of the real estate investment trust’s stock worth $309,043,000 after buying an additional 681,557 shares during the last quarter.

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

Shares of Digital Realty Trust Inc. (NYSE:DLR) opened at 93.32 on Thursday. The stock’s 50 day moving average is $96.23 and its 200 day moving average is $97.69. The stock has a market cap of $13.71 billion, a price-to-earnings ratio of 207.38 and a beta of 0.28. Digital Realty Trust Inc. has a 52-week low of $69.00 and a 52-week high of $113.21.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 28th. The real estate investment trust reported $1.42 EPS for the quarter, beating the consensus estimate of $1.38 by $0.04. The firm had revenue of $514.90 million for the quarter, compared to analyst estimates of $507.72 million. Digital Realty Trust had a return on equity of 5.02% and a net margin of 7.82%. The business’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.30 earnings per share. On average, equities analysts predict that Digital Realty Trust Inc. will post $5.71 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Thursday, September 15th were paid a $0.88 dividend. The ex-dividend date of this dividend was Tuesday, September 13th. This represents a $3.52 annualized dividend and a yield of 3.77%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 765.22%.

A number of brokerages have issued reports on DLR. SunTrust Banks Inc. began coverage on shares of Digital Realty Trust in a research report on Thursday, July 21st. They set a “buy” rating and a $125.00 price objective on the stock. Jefferies Group reduced their price objective on shares of Digital Realty Trust from $115.00 to $109.00 and set a “hold” rating on the stock in a research report on Thursday, August 11th. TheStreet downgraded shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, July 28th. Barclays PLC boosted their price objective on shares of Digital Realty Trust from $118.00 to $126.00 and gave the company an “overweight” rating in a research report on Friday, August 12th. Finally, Deutsche Bank AG boosted their price objective on shares of Digital Realty Trust from $114.00 to $116.00 and gave the company a “buy” rating in a research report on Friday, July 29th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the stock. Digital Realty Trust presently has a consensus rating of “Hold” and an average target price of $100.18.

In other Digital Realty Trust news, SVP Joshua A. Mills sold 4,519 shares of Digital Realty Trust stock in a transaction dated Friday, September 16th. The stock was sold at an average price of $92.22, for a total value of $416,742.18. Following the transaction, the senior vice president now owns 8,685 shares in the company, valued at $800,930.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Edward F. Sham sold 14,701 shares of Digital Realty Trust stock in a transaction dated Thursday, September 15th. The shares were sold at an average price of $92.50, for a total value of $1,359,842.50. Following the completion of the transaction, the insider now owns 19,039 shares in the company, valued at approximately $1,761,107.50. The disclosure for this sale can be found here. 0.29% of the stock is owned by company insiders.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company owns, acquires, develops and manages technology-related real estate. 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.

5 Day Chart for NYSE:DLR

Receive News & Stock Ratings for Digital Realty Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust Inc. and related stocks with our FREE daily email newsletter.


 Comment on this Post

 

Fenimore Asset Management Inc. Decreases Stake in Digital Realty Trust Inc. (DLR)

Fenimore Asset Management Inc. cut its stake in Digital Realty Trust Inc. (NYSE:DLR) by 43.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 111,230 shares of the real estate investment trust’s stock after selling 84,085 shares during the period. Fenimore Asset Management Inc. owned about 0.08% of Digital Realty Trust worth $10,803,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Digital Realty Trust by 16.9% in the second quarter. Vanguard Group Inc. now owns 25,877,906 shares of the real estate investment trust’s stock worth $2,820,434,000 after buying an additional 3,744,997 shares during the last quarter. State Street Corp increased its position in shares of Digital Realty Trust by 61.0% in the second quarter. State Street Corp now owns 8,456,749 shares of the real estate investment trust’s stock worth $921,701,000 after buying an additional 3,203,272 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Digital Realty Trust by 81.4% in the second quarter. Ameriprise Financial Inc. now owns 1,957,469 shares of the real estate investment trust’s stock worth $213,345,000 after buying an additional 878,416 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Digital Realty Trust by 70.3% in the second quarter. JPMorgan Chase & Co. now owns 1,677,260 shares of the real estate investment trust’s stock worth $182,805,000 after buying an additional 692,533 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Digital Realty Trust by 31.6% in the second quarter. Bank of New York Mellon Corp now owns 2,835,504 shares of the real estate investment trust’s stock worth $309,043,000 after buying an additional 681,557 shares during the last quarter.

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

Shares of Digital Realty Trust Inc. (NYSE:DLR) opened at 93.32 on Thursday. The stock’s 50 day moving average is $96.23 and its 200 day moving average is $97.69. The stock has a market cap of $13.71 billion, a price-to-earnings ratio of 207.38 and a beta of 0.28. Digital Realty Trust Inc. has a 52-week low of $69.00 and a 52-week high of $113.21.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 28th. The real estate investment trust reported $1.42 EPS for the quarter, beating the consensus estimate of $1.38 by $0.04. The firm had revenue of $514.90 million for the quarter, compared to analyst estimates of $507.72 million. Digital Realty Trust had a return on equity of 5.02% and a net margin of 7.82%. The business’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.30 earnings per share. On average, equities analysts predict that Digital Realty Trust Inc. will post $5.71 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Thursday, September 15th were paid a $0.88 dividend. The ex-dividend date of this dividend was Tuesday, September 13th. This represents a $3.52 annualized dividend and a yield of 3.77%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 765.22%.

A number of brokerages have issued reports on DLR. SunTrust Banks Inc. began coverage on shares of Digital Realty Trust in a research report on Thursday, July 21st. They set a “buy” rating and a $125.00 price objective on the stock. Jefferies Group reduced their price objective on shares of Digital Realty Trust from $115.00 to $109.00 and set a “hold” rating on the stock in a research report on Thursday, August 11th. TheStreet downgraded shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, July 28th. Barclays PLC boosted their price objective on shares of Digital Realty Trust from $118.00 to $126.00 and gave the company an “overweight” rating in a research report on Friday, August 12th. Finally, Deutsche Bank AG boosted their price objective on shares of Digital Realty Trust from $114.00 to $116.00 and gave the company a “buy” rating in a research report on Friday, July 29th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the stock. Digital Realty Trust presently has a consensus rating of “Hold” and an average target price of $100.18.

In other Digital Realty Trust news, SVP Joshua A. Mills sold 4,519 shares of Digital Realty Trust stock in a transaction dated Friday, September 16th. The stock was sold at an average price of $92.22, for a total value of $416,742.18. Following the transaction, the senior vice president now owns 8,685 shares in the company, valued at $800,930.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Edward F. Sham sold 14,701 shares of Digital Realty Trust stock in a transaction dated Thursday, September 15th. The shares were sold at an average price of $92.50, for a total value of $1,359,842.50. Following the completion of the transaction, the insider now owns 19,039 shares in the company, valued at approximately $1,761,107.50. The disclosure for this sale can be found here. 0.29% of the stock is owned by company insiders.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company owns, acquires, develops and manages technology-related real estate. 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.

5 Day Chart for NYSE:DLR

Receive News & Stock Ratings for Digital Realty Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust Inc. and related stocks with our FREE daily email newsletter.


 Comment on this Post

 
Facebook
Twitter
LinkedIn
StockTwits
Google Plus
Reddit