Ieq Capital LLC lowered its holdings in DIGITAL RLTY TR/SH (NYSE:DLR) by 21.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,243 shares of the real estate investment trust’s stock after selling 595 shares during the quarter. Ieq Capital LLC’s holdings in DIGITAL RLTY TR/SH were worth $311,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of DLR. BlackRock Inc. raised its position in DIGITAL RLTY TR/SH by 27.4% in the first quarter. BlackRock Inc. now owns 24,587,147 shares of the real estate investment trust’s stock valued at $3,415,401,000 after purchasing an additional 5,285,137 shares during the period. Cohen & Steers Inc. raised its holdings in shares of DIGITAL RLTY TR/SH by 202.5% in the 4th quarter. Cohen & Steers Inc. now owns 6,537,914 shares of the real estate investment trust’s stock valued at $782,850,000 after buying an additional 4,376,547 shares during the period. FMR LLC increased its holdings in DIGITAL RLTY TR/SH by 80.4% during the 4th quarter. FMR LLC now owns 8,161,510 shares of the real estate investment trust’s stock worth $977,260,000 after purchasing an additional 3,637,334 shares during the period. Capital Research Global Investors increased its holdings in DIGITAL RLTY TR/SH by 117.5% during the 4th quarter. Capital Research Global Investors now owns 5,221,976 shares of the real estate investment trust’s stock worth $625,279,000 after purchasing an additional 2,820,814 shares during the period. Finally, Daiwa Securities Group Inc. increased its holdings in DIGITAL RLTY TR/SH by 171.1% during the 4th quarter. Daiwa Securities Group Inc. now owns 3,079,587 shares of the real estate investment trust’s stock worth $368,750,000 after purchasing an additional 1,943,424 shares during the period. Institutional investors own 87.94% of the company’s stock.

In other DIGITAL RLTY TR/SH news, insider Cindy Fiedelman sold 2,623 shares of the firm’s stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $121.13, for a total value of $317,723.99. Following the transaction, the insider now directly owns 2,623 shares of the company’s stock, valued at $317,723.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Christopher Sharp sold 382 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $120.90, for a total value of $46,183.80. Following the completion of the transaction, the chief technology officer now directly owns 3,422 shares in the company, valued at $413,719.80. The disclosure for this sale can be found here. Insiders sold 110,984 shares of company stock worth $15,304,582 over the last three months. 0.49% of the stock is currently owned by corporate insiders.

Several research analysts have recently issued reports on DLR shares. KeyCorp upped their price objective on DIGITAL RLTY TR/SH from $135.00 to $155.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. UBS Group increased their price objective on DIGITAL RLTY TR/SH from $120.00 to $126.00 and gave the stock a “neutral” rating in a research report on Friday, February 14th. SunTrust Banks increased their target price on DIGITAL RLTY TR/SH from $152.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Raymond James downgraded DIGITAL RLTY TR/SH from an “outperform” rating to a “market perform” rating in a research note on Thursday, April 16th. They noted that the move was a valuation call. Finally, Royal Bank of Canada reaffirmed a “buy” rating and issued a $142.00 price objective on shares of DIGITAL RLTY TR/SH in a research note on Monday, March 9th. Nine research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. DIGITAL RLTY TR/SH presently has an average rating of “Hold” and a consensus price target of $140.40.

DIGITAL RLTY TR/SH stock traded down $1.95 during midday trading on Friday, reaching $130.77. The stock had a trading volume of 3,107,354 shares, compared to its average volume of 3,195,144. DIGITAL RLTY TR/SH has a twelve month low of $105.00 and a twelve month high of $158.36. The stock has a market capitalization 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. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.32 and a current ratio of 0.45. The stock’s 50-day simple moving average is $142.68 and its 200 day simple moving average is $128.50.

DIGITAL RLTY TR/SH (NYSE:DLR) last released its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.90 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.64). DIGITAL RLTY TR/SH had a net margin of 21.35% and a return on equity of 7.65%. The company had revenue of $823.30 million during the quarter, compared to analysts’ expectations of $964.60 million. During the same period last year, the business earned $1.73 earnings per share. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. Equities analysts predict that DIGITAL RLTY TR/SH will post 6 earnings per share for the current fiscal year.

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

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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