DIGITAL RLTY TR/SH (DLR) Shares Bought by Alpine Woods Capital Investors LLC

Alpine Woods Capital Investors LLC boosted its position in DIGITAL RLTY TR/SH (NYSE:DLR) by 3.6% during the 1st quarter, Holdings Channel reports. The firm owned 17,002 shares of the real estate investment trust’s stock after purchasing an additional 593 shares during the period. Alpine Woods Capital Investors LLC’s holdings in DIGITAL RLTY TR/SH were worth $2,023,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Everence Capital Management Inc. lifted its position in shares of DIGITAL RLTY TR/SH by 62.3% during the first quarter. Everence Capital Management Inc. now owns 7,006 shares of the real estate investment trust’s stock worth $834,000 after acquiring an additional 2,690 shares in the last quarter. Toronto Dominion Bank lifted its position in shares of DIGITAL RLTY TR/SH by 48.4% during the first quarter. Toronto Dominion Bank now owns 195,866 shares of the real estate investment trust’s stock worth $23,302,000 after acquiring an additional 63,900 shares in the last quarter. Mn Services Vermogensbeheer B.V. lifted its position in shares of DIGITAL RLTY TR/SH by 1.4% during the first quarter. Mn Services Vermogensbeheer B.V. now owns 35,514 shares of the real estate investment trust’s stock worth $4,226,000 after acquiring an additional 500 shares in the last quarter. State Treasurer State of Michigan lifted its position in shares of DIGITAL RLTY TR/SH by 1.4% during the first quarter. State Treasurer State of Michigan now owns 59,860 shares of the real estate investment trust’s stock worth $7,123,000 after acquiring an additional 800 shares in the last quarter. Finally, Lyell Wealth Management LP purchased a new stake in shares of DIGITAL RLTY TR/SH during the first quarter worth $3,227,000. Institutional investors and hedge funds own 99.17% of the company’s stock.

DLR has been the topic of a number of recent analyst reports. BMO Capital Markets reiterated a “hold” rating and issued a $115.00 price objective on shares of DIGITAL RLTY TR/SH in a research report on Wednesday, February 6th. TheStreet downgraded DIGITAL RLTY TR/SH from a “b-” rating to a “c+” rating in a research report on Wednesday, February 6th. ValuEngine upgraded DIGITAL RLTY TR/SH from a “hold” rating to a “buy” rating in a research report on Tuesday, February 19th. Raymond James downgraded DIGITAL RLTY TR/SH from an “outperform” rating to a “market perform” rating and set a $120.00 price objective on the stock. in a research report on Monday, March 25th. Finally, Zacks Investment Research upgraded DIGITAL RLTY TR/SH from a “hold” rating to a “buy” rating and set a $135.00 price objective on the stock in a research report on Thursday, April 11th. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $126.64.



Shares of DLR stock opened at $116.71 on Tuesday. The company has a current ratio of 0.50, a quick ratio of 0.21 and a debt-to-equity ratio of 1.08. DIGITAL RLTY TR/SH has a 52-week low of $100.05 and a 52-week high of $125.10. The firm has a market capitalization of $24.31 billion, a P/E ratio of 17.68, a price-to-earnings-growth ratio of 2.54 and a beta of 0.46.

DIGITAL RLTY TR/SH (NYSE:DLR) last issued its quarterly earnings data on Thursday, April 25th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.65 by $0.08. The company had revenue of $814.50 million for the quarter, compared to the consensus estimate of $800.13 million. DIGITAL RLTY TR/SH had a return on equity of 3.27% and a net margin of 10.95%. The firm’s revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.63 earnings per share. On average, analysts predict that DIGITAL RLTY TR/SH will post 6.67 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 26th. Investors of record on Friday, June 14th will be paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 3.70%. DIGITAL RLTY TR/SH’s dividend payout ratio is presently 65.45%.

In related news, insider Edward F. Sham sold 17,233 shares of the stock in a transaction on Monday, May 6th. The stock was sold at an average price of $119.65, for a total value of $2,061,928.45. Following the transaction, the insider now owns 21,571 shares of the company’s stock, valued at $2,580,970.15. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Joshua A. Mills sold 10,000 shares of the stock in a transaction on Monday, April 1st. The shares were sold at an average price of $119.21, for a total value of $1,192,100.00. Following the completion of the transaction, the senior vice president now directly owns 14,166 shares in the company, valued at approximately $1,688,728.86. The disclosure for this sale can be found here. In the last three months, insiders sold 27,633 shares of company stock worth $3,300,928. 0.49% of the stock is owned by insiders.

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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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