Forsta AP Fonden lowered its position in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 5.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,710 shares of the real estate investment trust’s stock after selling 2,800 shares during the quarter. Forsta AP Fonden’s holdings in DIGITAL RLTY TR/SH were worth $5,993,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. boosted its stake in DIGITAL RLTY TR/SH by 4.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 2,150,524 shares of the real estate investment trust’s stock valued at $239,956,000 after buying an additional 96,180 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of DIGITAL RLTY TR/SH by 6,396.5% during the second quarter. Tower Research Capital LLC TRC now owns 12,993 shares of the real estate investment trust’s stock valued at $1,450,000 after purchasing an additional 12,793 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of DIGITAL RLTY TR/SH by 3.2% during the second quarter. Oppenheimer Asset Management Inc. now owns 20,505 shares of the real estate investment trust’s stock valued at $2,288,000 after purchasing an additional 629 shares during the last quarter. Spinnaker Trust purchased a new stake in shares of DIGITAL RLTY TR/SH during the first quarter valued at $1,640,000. Finally, BNP Paribas Arbitrage SA lifted its holdings in shares of DIGITAL RLTY TR/SH by 34.8% during the second quarter. BNP Paribas Arbitrage SA now owns 115,608 shares of the real estate investment trust’s stock valued at $12,900,000 after purchasing an additional 29,874 shares during the last quarter. 98.45% of the stock is owned by institutional investors and hedge funds.

Several brokerages have recently commented on DLR. Guggenheim reaffirmed a “hold” rating and set a $125.00 target price on shares of DIGITAL RLTY TR/SH in a report on Friday, July 20th. Citigroup upped their target price on DIGITAL RLTY TR/SH from $119.00 to $131.00 and gave the company a “buy” rating in a report on Monday, July 30th. They noted that the move was a valuation call. Zacks Investment Research raised DIGITAL RLTY TR/SH from a “hold” rating to a “buy” rating and set a $136.00 target price for the company in a report on Tuesday, July 31st. BMO Capital Markets upped their target price on DIGITAL RLTY TR/SH from $120.00 to $124.00 and gave the company a “market perform” rating in a report on Monday, July 30th. Finally, Stifel Nicolaus began coverage on DIGITAL RLTY TR/SH in a report on Tuesday, July 17th. They set a “buy” rating and a $128.00 target price for the company. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $127.25.

Shares of DIGITAL RLTY TR/SH stock opened at $121.89 on Friday. The stock has a market capitalization of $25.33 billion, a P/E ratio of 19.42, a price-to-earnings-growth ratio of 2.71 and a beta of 0.14. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.30 and a quick ratio of 0.30. DIGITAL RLTY TR/SH has a 1 year low of $96.56 and a 1 year high of $125.10.

DIGITAL RLTY TR/SH (NYSE:DLR) last announced its quarterly earnings data on Thursday, July 26th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($1.29). The business had revenue of $754.91 million during the quarter, compared to analysts’ expectations of $759.30 million. DIGITAL RLTY TR/SH had a return on equity of 3.02% and a net margin of 9.79%. The firm’s revenue was up 33.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.54 earnings per share. research analysts forecast that DIGITAL RLTY TR/SH will post 6.6 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 14th will be paid a $1.01 dividend. This represents a $4.04 annualized dividend and a yield of 3.31%. The ex-dividend date of this dividend is Thursday, September 13th. DIGITAL RLTY TR/SH’s dividend payout ratio is currently 65.80%.

In related news, SVP Joshua A. Mills sold 5,000 shares of the stock in a transaction dated Tuesday, June 26th. The stock was sold at an average price of $110.00, for a total value of $550,000.00. Following the completion of the sale, the senior vice president now directly owns 9,166 shares of the company’s stock, valued at approximately $1,008,260. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Joshua A. Mills sold 2,500 shares of the stock in a transaction dated Monday, July 2nd. The stock was sold at an average price of $112.50, for a total value of $281,250.00. Following the completion of the sale, the senior vice president now directly owns 6,666 shares of the company’s stock, valued at $749,925. The disclosure for this sale can be found here. Over the last three months, insiders sold 20,435 shares of company stock valued at $2,318,775. Company insiders own 0.43% of the company’s stock.

About DIGITAL RLTY TR/SH

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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