Canada Pension Plan Investment Board lifted its position in DIGITAL RLTY TR/SH (NYSE:DLR) by 575.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,664,148 shares of the real estate investment trust’s stock after purchasing an additional 2,269,665 shares during the quarter. Canada Pension Plan Investment Board owned about 1.29% of DIGITAL RLTY TR/SH worth $283,842,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of DLR. Parallel Advisors LLC boosted its position in shares of DIGITAL RLTY TR/SH by 5.1% during the fourth quarter. Parallel Advisors LLC now owns 2,185 shares of the real estate investment trust’s stock valued at $232,000 after buying an additional 106 shares during the period. UMB Bank N A MO raised its holdings in shares of DIGITAL RLTY TR/SH by 0.8% during the fourth quarter. UMB Bank N A MO now owns 14,542 shares of the real estate investment trust’s stock worth $1,549,000 after purchasing an additional 117 shares during the period. Quadrant Capital Group LLC raised its holdings in shares of DIGITAL RLTY TR/SH by 22.6% during the fourth quarter. Quadrant Capital Group LLC now owns 786 shares of the real estate investment trust’s stock worth $78,000 after purchasing an additional 145 shares during the period. Sumitomo Life Insurance Co. raised its holdings in shares of DIGITAL RLTY TR/SH by 1.6% during the fourth quarter. Sumitomo Life Insurance Co. now owns 9,590 shares of the real estate investment trust’s stock worth $1,022,000 after purchasing an additional 148 shares during the period. Finally, Buckingham Capital Management Inc. raised its holdings in shares of DIGITAL RLTY TR/SH by 0.5% during the third quarter. Buckingham Capital Management Inc. now owns 33,111 shares of the real estate investment trust’s stock worth $3,724,000 after purchasing an additional 155 shares during the period. 99.17% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have weighed in on DLR. BMO Capital Markets reissued a “hold” rating and set a $115.00 target price on shares of DIGITAL RLTY TR/SH in a report on Wednesday, February 6th. TheStreet cut shares of DIGITAL RLTY TR/SH from a “b-” rating to a “c+” rating in a report on Wednesday, February 6th. ValuEngine cut shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Royal Bank of Canada dropped their target price on shares of DIGITAL RLTY TR/SH from $131.00 to $124.00 and set an “outperform” rating on the stock in a report on Monday, November 5th. Finally, Credit Suisse Group set a $123.00 target price on shares of DIGITAL RLTY TR/SH and gave the stock a “hold” rating in a report on Thursday, December 20th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. DIGITAL RLTY TR/SH currently has an average rating of “Buy” and an average price target of $126.08.

DLR stock opened at $115.03 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.34 and a current ratio of 0.31. DIGITAL RLTY TR/SH has a fifty-two week low of $96.56 and a fifty-two week high of $125.10. The stock has a market capitalization of $23.73 billion, a P/E ratio of 17.43, a PEG ratio of 2.40 and a beta of 0.49.

DIGITAL RLTY TR/SH (NYSE:DLR) last released its quarterly earnings data on Tuesday, February 5th. The real estate investment trust reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.67 by ($1.52). DIGITAL RLTY TR/SH had a return on equity of 3.58% and a net margin of 10.87%. The firm had revenue of $778.30 million during the quarter, compared to analyst estimates of $789.59 million. During the same period last year, the business earned $0.26 EPS. The firm’s revenue was up 6.4% on a year-over-year basis. As a group, research analysts forecast that DIGITAL RLTY TR/SH will post 6.68 earnings per share for the current fiscal year.

In other DIGITAL RLTY TR/SH news, insider Christopher Sharp sold 7,871 shares of the firm’s stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $116.00, for a total transaction of $913,036.00. Following the transaction, the insider now owns 8,933 shares of the company’s stock, valued at approximately $1,036,228. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Kevin Kennedy sold 400 shares of the firm’s stock in a transaction dated Friday, February 8th. The shares were sold at an average price of $110.13, for a total transaction of $44,052.00. Following the transaction, the director now directly owns 400 shares in the company, valued at approximately $44,052. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,671 shares of company stock worth $1,002,892. Corporate insiders own 0.43% of the company’s stock.

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About DIGITAL RLTY TR/SH

Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products.

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Institutional Ownership by Quarter for DIGITAL RLTY TR/SH (NYSE:DLR)

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