Stevens Capital Management LP acquired a new position in shares of DIGITAL RLTY TR/SH (NYSE:DLR) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 25,708 shares of the real estate investment trust’s stock, valued at approximately $3,028,000.

Several other large investors also recently modified their holdings of the company. Winslow Evans & Crocker Inc. lifted its position in shares of DIGITAL RLTY TR/SH by 14.5% during the 1st quarter. Winslow Evans & Crocker Inc. now owns 696 shares of the real estate investment trust’s stock worth $86,000 after buying an additional 88 shares during the last quarter. Moloney Securities Asset Management LLC raised its position in DIGITAL RLTY TR/SH by 0.9% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 10,183 shares of the real estate investment trust’s stock valued at $1,199,000 after purchasing an additional 93 shares during the last quarter. Boston Private Wealth LLC raised its position in DIGITAL RLTY TR/SH by 2.2% in the 2nd quarter. Boston Private Wealth LLC now owns 4,646 shares of the real estate investment trust’s stock valued at $547,000 after purchasing an additional 98 shares during the last quarter. Forsta AP Fonden raised its position in DIGITAL RLTY TR/SH by 0.3% in the 1st quarter. Forsta AP Fonden now owns 33,110 shares of the real estate investment trust’s stock valued at $3,940,000 after purchasing an additional 100 shares during the last quarter. Finally, Signaturefd LLC raised its position in DIGITAL RLTY TR/SH by 21.4% in the 2nd quarter. Signaturefd LLC now owns 596 shares of the real estate investment trust’s stock valued at $70,000 after purchasing an additional 105 shares during the last quarter. Institutional investors and hedge funds own 99.17% of the company’s stock.

NYSE DLR traded up $1.15 during trading hours on Thursday, reaching $119.15. The company’s stock had a trading volume of 987 shares, compared to its average volume of 1,092,870. The company has a market cap of $24.81 billion, a PE ratio of 18.04, a PEG ratio of 2.60 and a beta of 0.43. DIGITAL RLTY TR/SH has a fifty-two week low of $100.05 and a fifty-two week high of $125.19. The business’s 50-day moving average price is $118.08. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.36 and a current ratio of 0.36.

DIGITAL RLTY TR/SH (NYSE:DLR) last issued its quarterly earnings data on Tuesday, July 30th. The real estate investment trust reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $1.63 by ($1.48). DIGITAL RLTY TR/SH had a net margin of 10.00% and a return on equity of 3.01%. The business had revenue of $801.00 million during the quarter, compared to analyst estimates of $807.48 million. During the same period in the previous year, the company posted $1.66 earnings per share. DIGITAL RLTY TR/SH’s revenue was up 6.1% on a year-over-year basis. As a group, equities research analysts forecast that DIGITAL RLTY TR/SH will post 6.64 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a dividend of $1.08 per share. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $4.32 annualized dividend and a dividend yield of 3.63%. DIGITAL RLTY TR/SH’s dividend payout ratio is currently 65.45%.

In other news, Director Kevin Kennedy sold 300 shares of the stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $125.00, for a total transaction of $37,500.00. Following the transaction, the director now directly owns 300 shares in the company, valued at approximately $37,500. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Edward F. Sham sold 11,400 shares of the stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $122.00, for a total transaction of $1,390,800.00. Following the transaction, the insider now owns 15,738 shares in the company, valued at $1,920,036. The disclosure for this sale can be found here. Insiders have sold a total of 12,100 shares of company stock worth $1,475,604 over the last ninety days. 0.49% of the stock is owned by corporate insiders.

A number of equities analysts have commented on the stock. ValuEngine downgraded shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a research report on Thursday, June 27th. TheStreet upgraded shares of DIGITAL RLTY TR/SH from a “c+” rating to a “b” rating in a research report on Thursday, April 25th. Cowen set a $125.00 price objective on shares of DIGITAL RLTY TR/SH and gave the stock a “hold” rating in a research report on Wednesday, July 31st. Zacks Investment Research upgraded shares of DIGITAL RLTY TR/SH from a “sell” rating to a “hold” rating and set a $125.00 price objective for the company in a research report on Friday, June 28th. Finally, Stifel Nicolaus set a $130.00 price target on shares of DIGITAL RLTY TR/SH and gave the stock a “buy” rating in a research note on Friday, April 26th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. DIGITAL RLTY TR/SH has an average rating of “Buy” and a consensus target price of $126.92.

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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