Zevin Asset Management LLC Reduces Position in DIGITAL RLTY TR/SH (DLR)

Zevin Asset Management LLC lessened its holdings in DIGITAL RLTY TR/SH (NYSE:DLR) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,173 shares of the real estate investment trust’s stock after selling 240 shares during the quarter. Zevin Asset Management LLC’s holdings in DIGITAL RLTY TR/SH were worth $977,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its holdings in DIGITAL RLTY TR/SH by 18.6% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 14,082 shares of the real estate investment trust’s stock worth $1,500,000 after purchasing an additional 2,212 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its holdings in DIGITAL RLTY TR/SH by 5.8% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 10,896 shares of the real estate investment trust’s stock worth $1,161,000 after purchasing an additional 600 shares during the last quarter. Comerica Securities Inc. bought a new position in DIGITAL RLTY TR/SH during the 4th quarter worth approximately $201,000. Redpoint Investment Management Pty Ltd raised its holdings in DIGITAL RLTY TR/SH by 10.6% during the 4th quarter. Redpoint Investment Management Pty Ltd now owns 16,434 shares of the real estate investment trust’s stock worth $1,751,000 after purchasing an additional 1,573 shares during the last quarter. Finally, Wesbanco Bank Inc. raised its holdings in DIGITAL RLTY TR/SH by 216.6% during the 4th quarter. Wesbanco Bank Inc. now owns 39,315 shares of the real estate investment trust’s stock worth $4,189,000 after purchasing an additional 26,898 shares during the last quarter. Institutional investors and hedge funds own 99.17% of the company’s stock.

In related news, Director Kevin Kennedy sold 400 shares of DIGITAL RLTY TR/SH stock in a transaction on Tuesday, December 4th. The shares were sold at an average price of $114.51, for a total value of $45,804.00. Following the completion of the sale, the director now owns 400 shares of the company’s stock, valued at approximately $45,804. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Christopher Sharp sold 7,871 shares of DIGITAL RLTY TR/SH stock in a transaction on Monday, December 3rd. The shares were sold at an average price of $116.00, for a total transaction of $913,036.00. Following the completion of the sale, the insider now directly owns 8,933 shares of the company’s stock, valued at approximately $1,036,228. The disclosure for this sale can be found here. Insiders own 0.43% of the company’s stock.



Shares of NYSE:DLR traded up $0.90 during mid-day trading on Monday, hitting $113.22. The company had a trading volume of 658,722 shares, compared to its average volume of 1,471,154. The firm has a market capitalization of $23.17 billion, a P/E ratio of 17.15, a P/E/G ratio of 2.40 and a beta of 0.49. The company has a quick ratio of 0.34, a current ratio of 0.31 and a debt-to-equity ratio of 1.16. DIGITAL RLTY TR/SH has a one year low of $96.56 and a one year high of $125.10.

DIGITAL RLTY TR/SH (NYSE:DLR) last released its quarterly earnings data on Tuesday, February 5th. The real estate investment trust reported $0.15 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.52). The company had revenue of $778.30 million during the quarter, compared to the consensus estimate of $789.59 million. DIGITAL RLTY TR/SH had a net margin of 10.87% and a return on equity of 3.58%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.26 EPS. On average, analysts anticipate that DIGITAL RLTY TR/SH will post 6.68 EPS for the current fiscal year.

Several research firms have issued reports on DLR. Barclays lowered their price target on shares of DIGITAL RLTY TR/SH from $132.00 to $131.00 and set an “overweight” rating for the company in a report on Thursday, January 3rd. TheStreet lowered shares of DIGITAL RLTY TR/SH from a “b-” rating to a “c+” rating in a report on Wednesday, February 6th. Guggenheim upgraded shares of DIGITAL RLTY TR/SH from a “neutral” rating to a “buy” rating and set a $125.00 price target for the company in a report on Monday, October 22nd. Royal Bank of Canada lowered their price target on shares of DIGITAL RLTY TR/SH from $131.00 to $124.00 and set an “outperform” rating for the company in a report on Monday, November 5th. Finally, BMO Capital Markets restated a “hold” rating and set a $115.00 price target on shares of DIGITAL RLTY TR/SH in a report on Wednesday, February 6th. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. DIGITAL RLTY TR/SH currently has a consensus rating of “Buy” and a consensus price target of $126.08.

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DIGITAL RLTY TR/SH 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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