Checchi Capital Advisers LLC grew its holdings in DIGITAL RLTY TR/SH (NYSE:DLR) by 41.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,427 shares of the real estate investment trust’s stock after acquiring an additional 707 shares during the period. Checchi Capital Advisers LLC’s holdings in DIGITAL RLTY TR/SH were worth $337,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. WASHINGTON TRUST Co purchased a new stake in shares of DIGITAL RLTY TR/SH in the 1st quarter valued at $25,000. Private Capital Group LLC boosted its holdings in shares of DIGITAL RLTY TR/SH by 15.1% in the 1st quarter. Private Capital Group LLC now owns 1,153 shares of the real estate investment trust’s stock valued at $160,000 after acquiring an additional 151 shares during the last quarter. AE Wealth Management LLC boosted its holdings in shares of DIGITAL RLTY TR/SH by 39.6% in the 1st quarter. AE Wealth Management LLC now owns 6,968 shares of the real estate investment trust’s stock valued at $968,000 after acquiring an additional 1,977 shares during the last quarter. Wellington Shields Capital Management LLC acquired a new position in shares of DIGITAL RLTY TR/SH in the 1st quarter valued at $285,000. Finally, Benjamin Edwards Inc. lifted its stake in shares of DIGITAL RLTY TR/SH by 332.9% in the 1st quarter. Benjamin Edwards Inc. now owns 1,277 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 982 shares during the period. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Shares of DLR stock opened at $130.77 on Friday. The firm has a market cap of $35.22 billion, a PE ratio of 46.87, a price-to-earnings-growth ratio of 3.67 and a beta of 0.21. DIGITAL RLTY TR/SH has a 1-year low of $105.00 and a 1-year high of $158.36. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.45 and a quick ratio of 0.32. The company has a 50-day moving average of $142.68 and a two-hundred day moving average of $128.50.

DIGITAL RLTY TR/SH (NYSE:DLR) last issued its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported $0.90 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.54 by ($0.64). The business had revenue of $823.30 million for the quarter, compared to analyst estimates of $964.60 million. DIGITAL RLTY TR/SH had a return on equity of 7.65% and a net margin of 21.35%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.73 EPS. Sell-side analysts anticipate that DIGITAL RLTY TR/SH will post 6 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $1.12 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $4.48 annualized dividend and a yield of 3.43%. DIGITAL RLTY TR/SH’s dividend payout ratio (DPR) is 67.37%.

Several research firms recently issued reports on DLR. Argus boosted their target price on shares of DIGITAL RLTY TR/SH from $130.00 to $148.00 and gave the company a “buy” rating in a research note on Friday, April 3rd. UBS Group boosted their target price on shares of DIGITAL RLTY TR/SH from $120.00 to $126.00 and gave the company a “neutral” rating in a research note on Friday, February 14th. Wells Fargo & Co reiterated a “buy” rating on shares of DIGITAL RLTY TR/SH in a research note on Friday, May 8th. Royal Bank of Canada restated a “buy” rating and set a $142.00 price objective on shares of DIGITAL RLTY TR/SH in a research report on Monday, March 9th. Finally, BMO Capital Markets restated a “hold” rating and set a $132.00 price objective on shares of DIGITAL RLTY TR/SH in a research report on Monday, February 17th. Nine equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. DIGITAL RLTY TR/SH has a consensus rating of “Hold” and a consensus price target of $140.40.

In other DIGITAL RLTY TR/SH news, CEO A William Stein sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $140.00, for a total transaction of $3,500,000.00. Following the sale, the chief executive officer now owns 25,000 shares of the company’s stock, valued at $3,500,000. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Christopher Sharp sold 4,651 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $131.54, for a total transaction of $611,792.54. Following the sale, the chief technology officer now directly owns 5,000 shares in the company, valued at approximately $657,700. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,984 shares of company stock worth $15,304,582. 0.49% of the stock is owned by corporate insiders.

DIGITAL RLTY TR/SH Company Profile

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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