Taylor Frigon Capital Management LLC decreased its position in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 1.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,311 shares of the real estate investment trust’s stock after selling 104 shares during the period. Taylor Frigon Capital Management LLC’s holdings in DIGITAL RLTY TR/SH were worth $995,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of DLR. Parnassus Investments CA boosted its position in shares of DIGITAL RLTY TR/SH by 16.8% during the 3rd quarter. Parnassus Investments CA now owns 3,572,590 shares of the real estate investment trust’s stock worth $463,758,000 after acquiring an additional 513,401 shares in the last quarter. Zimmer Partners LP acquired a new stake in DIGITAL RLTY TR/SH in the third quarter valued at approximately $38,943,000. Amundi Pioneer Asset Management Inc. boosted its position in DIGITAL RLTY TR/SH by 43.5% in the second quarter. Amundi Pioneer Asset Management Inc. now owns 849,737 shares of the real estate investment trust’s stock valued at $100,092,000 after buying an additional 257,647 shares in the last quarter. State Street Corp boosted its position in DIGITAL RLTY TR/SH by 1.6% in the third quarter. State Street Corp now owns 14,642,768 shares of the real estate investment trust’s stock valued at $1,900,778,000 after buying an additional 229,679 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its position in DIGITAL RLTY TR/SH by 72.5% in the third quarter. State of New Jersey Common Pension Fund D now owns 327,350 shares of the real estate investment trust’s stock valued at $42,493,000 after buying an additional 137,600 shares in the last quarter.
In other news, Director Kevin Kennedy sold 400 shares of DIGITAL RLTY TR/SH stock in a transaction on Monday, November 11th. The shares were sold at an average price of $116.56, for a total transaction of $46,624.00. Following the transaction, the director now owns 400 shares in the company, valued at $46,624. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Joshua A. Mills sold 1,500 shares of DIGITAL RLTY TR/SH stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $120.96, for a total transaction of $181,440.00. Following the transaction, the senior vice president now directly owns 5,666 shares of the company’s stock, valued at approximately $685,359.36. The disclosure for this sale can be found here. In the last quarter, insiders have sold 18,287 shares of company stock worth $2,196,808. 0.49% of the stock is owned by company insiders.
Shares of NYSE:DLR traded up $0.42 during mid-day trading on Friday, reaching $127.53. 88,689 shares of the company’s stock were exchanged, compared to its average volume of 1,263,808. The firm has a market capitalization of $26.36 billion, a price-to-earnings ratio of 127.54, a PEG ratio of 2.72 and a beta of 0.33. The business’s fifty day moving average price is $119.15 and its 200-day moving average price is $122.27. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.33 and a current ratio of 0.33. DIGITAL RLTY TR/SH has a twelve month low of $102.82 and a twelve month high of $136.32.
DIGITAL RLTY TR/SH (NYSE:DLR) last issued its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.03. The company had revenue of $806.50 million for the quarter, compared to analyst estimates of $814.47 million. DIGITAL RLTY TR/SH had a net margin of 9.22% and a return on equity of 2.69%. DIGITAL RLTY TR/SH’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.33 earnings per share. Analysts predict that DIGITAL RLTY TR/SH will post 6.62 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a dividend of $1.08 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.39%. DIGITAL RLTY TR/SH’s dividend payout ratio (DPR) is presently 65.45%.
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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