DIGITAL RLTY TR/SH (NYSE:DLR) EVP Joshua A. Mills sold 2,500 shares of the business’s stock in a transaction 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 owns 6,666 shares in the company, valued at $1,033,230. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of DLR stock opened at $160.54 on Friday. The firm has a 50-day moving average price of $144.39 and a 200 day moving average price of $137.01. DIGITAL RLTY TR/SH has a twelve month low of $105.00 and a twelve month high of $165.49. The company has a market capitalization of $42.59 billion, a price-to-earnings ratio of 24.96, a PEG ratio of 3.87 and a beta of 0.19. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.87.

DIGITAL RLTY TR/SH (NYSE:DLR) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $993.00 million during the quarter, compared to analyst estimates of $931.10 million. As a group, research analysts predict that DIGITAL RLTY TR/SH will post 6.04 earnings per share for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Lucia Wealth Services LLC increased its stake in shares of DIGITAL RLTY TR/SH by 1.4% during the 2nd quarter. Lucia Wealth Services LLC now owns 4,858 shares of the real estate investment trust’s stock valued at $690,000 after acquiring an additional 66 shares during the last quarter. Jacobi Capital Management LLC increased its stake in shares of DIGITAL RLTY TR/SH by 3.1% during the 1st quarter. Jacobi Capital Management LLC now owns 2,290 shares of the real estate investment trust’s stock valued at $318,000 after acquiring an additional 69 shares during the last quarter. Commerce Bank increased its stake in shares of DIGITAL RLTY TR/SH by 1.7% during the 1st quarter. Commerce Bank now owns 4,721 shares of the real estate investment trust’s stock valued at $655,000 after acquiring an additional 79 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in shares of DIGITAL RLTY TR/SH by 1.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 7,425 shares of the real estate investment trust’s stock valued at $1,028,000 after acquiring an additional 81 shares during the last quarter. Finally, CSat Investment Advisory L.P. increased its stake in shares of DIGITAL RLTY TR/SH by 12.3% during the 1st quarter. CSat Investment Advisory L.P. now owns 766 shares of the real estate investment trust’s stock valued at $107,000 after acquiring an additional 84 shares during the last quarter.

Several research firms have recently issued reports on DLR. Raymond James raised DIGITAL RLTY TR/SH from a “market perform” rating to an “outperform” rating and set a $175.00 price target for the company in a research note on Friday. KeyCorp lifted their price target on DIGITAL RLTY TR/SH from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Wells Fargo & Co reaffirmed a “buy” rating on shares of DIGITAL RLTY TR/SH in a research note on Friday, May 8th. Zacks Investment Research downgraded DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating and set a $141.00 price target for the company. in a research note on Thursday, May 14th. Finally, Barclays began coverage on DIGITAL RLTY TR/SH in a research note on Wednesday, July 15th. They set an “overweight” rating and a $165.00 price target for the company. Eight investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. DIGITAL RLTY TR/SH presently has an average rating of “Buy” and a consensus price target 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.

Featured Article: Compound Interest

Insider Buying and Selling by Quarter for DIGITAL RLTY TR/SH (NYSE:DLR)

Receive News & Ratings for DIGITAL RLTY TR/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DIGITAL RLTY TR/SH and related companies with MarketBeat.com's FREE daily email newsletter.