Huntington National Bank increased its position in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 9.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,230 shares of the real estate investment trust’s stock after purchasing an additional 8,042 shares during the period. Huntington National Bank’s holdings in DIGITAL RLTY TR/SH were worth $13,391,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. BlackRock Inc. increased its position in shares of 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 worth $3,415,401,000 after acquiring an additional 5,285,137 shares in the last quarter. State Street Corp raised its stake in DIGITAL RLTY TR/SH by 26.4% during the 1st quarter. State Street Corp now owns 17,311,988 shares of the real estate investment trust’s stock valued at $2,404,808,000 after purchasing an additional 3,611,583 shares during the last quarter. Wellington Management Group LLP raised its stake in DIGITAL RLTY TR/SH by 93,808.0% during the 1st quarter. Wellington Management Group LLP now owns 3,136,528 shares of the real estate investment trust’s stock valued at $435,694,000 after purchasing an additional 3,133,188 shares during the last quarter. Deutsche Bank AG raised its stake in DIGITAL RLTY TR/SH by 289.3% during the 1st quarter. Deutsche Bank AG now owns 3,499,082 shares of the real estate investment trust’s stock valued at $486,058,000 after purchasing an additional 2,600,369 shares during the last quarter. Finally, Capital Research Global Investors increased its holdings in DIGITAL RLTY TR/SH by 41.0% in the 1st quarter. Capital Research Global Investors now owns 7,363,675 shares of the real estate investment trust’s stock valued at $1,022,888,000 after buying an additional 2,141,699 shares during the period.

DLR stock traded up $1.81 during midday trading on Friday, reaching $160.54. 4,292,074 shares of the company traded hands, compared to its average volume of 1,285,780. DIGITAL RLTY TR/SH has a 52-week low of $105.00 and a 52-week high of $165.49. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.45 and a current ratio of 0.45. The business has a 50 day moving average of $144.39 and a 200-day moving average of $137.01. The firm has a market capitalization of $42.59 billion, a price-to-earnings ratio of 56.53, a P/E/G ratio of 3.87 and a beta of 0.19.

DIGITAL RLTY TR/SH (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($1.28). DIGITAL RLTY TR/SH had a net margin of 20.57% and a return on equity of 7.45%. The company had revenue of $993.00 million for the quarter, compared to analysts’ expectations of $931.10 million. Research analysts anticipate that DIGITAL RLTY TR/SH will post 6.04 earnings per share for the current year.

In other DIGITAL RLTY TR/SH news, EVP Joshua A. Mills sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $155.00, for a total transaction of $387,500.00. Following the sale, the executive vice president now directly owns 6,666 shares in the company, valued at $1,033,230. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Cindy Fiedelman sold 768 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $140.56, for a total value of $107,950.08. Following the completion of the sale, the insider now owns 768 shares in the company, valued at $107,950.08. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 87,249 shares of company stock worth $13,113,723. Company insiders own 0.61% of the company’s stock.

Several equities research analysts have issued reports on DLR shares. Zacks Investment Research lowered shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating and set a $141.00 price target on the stock. in a report on Thursday, May 14th. Deutsche Bank started coverage on shares of DIGITAL RLTY TR/SH in a report on Friday, June 5th. They issued a “buy” rating and a $155.00 price target on the stock. Barclays started coverage on shares of DIGITAL RLTY TR/SH in a report on Wednesday, July 15th. They issued an “overweight” rating and a $165.00 price target on the stock. Citigroup lowered shares of DIGITAL RLTY TR/SH from a “buy” rating to a “neutral” rating and set a $150.00 price target on the stock. in a report on Monday, May 11th. Finally, Robert W. Baird lowered shares of DIGITAL RLTY TR/SH from an “outperform” rating to a “neutral” rating and boosted their price target for the company from $142.00 to $144.00 in a report on Monday, April 13th. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $151.13.

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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