Resolution Capital Ltd increased its stake in DIGITAL Rlty Tr/SH SH (NYSE:DLR) by 84.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 791,713 shares of the real estate investment trust’s stock after acquiring an additional 362,610 shares during the period. DIGITAL Rlty Tr/SH SH makes up approximately 3.8% of Resolution Capital Ltd’s investment portfolio, making the stock its 13th biggest position. Resolution Capital Ltd’s holdings in DIGITAL Rlty Tr/SH SH were worth $83,431,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DLR. Mutual of America Capital Management LLC boosted its holdings in DIGITAL Rlty Tr/SH SH by 3.1% during the fourth quarter. Mutual of America Capital Management LLC now owns 24,949 shares of the real estate investment trust’s stock worth $2,842,000 after buying an additional 752 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in DIGITAL Rlty Tr/SH SH by 50.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,089 shares of the real estate investment trust’s stock worth $238,000 after buying an additional 700 shares in the last quarter. Aperio Group LLC boosted its holdings in DIGITAL Rlty Tr/SH SH by 3.2% during the fourth quarter. Aperio Group LLC now owns 150,128 shares of the real estate investment trust’s stock worth $17,100,000 after buying an additional 4,687 shares in the last quarter. US Bancorp DE boosted its holdings in DIGITAL Rlty Tr/SH SH by 2.7% during the fourth quarter. US Bancorp DE now owns 137,028 shares of the real estate investment trust’s stock worth $15,608,000 after buying an additional 3,608 shares in the last quarter. Finally, SeaCrest Wealth Management LLC bought a new stake in DIGITAL Rlty Tr/SH SH during the fourth quarter worth approximately $165,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

A number of brokerages recently weighed in on DLR. Barclays raised their target price on shares of DIGITAL Rlty Tr/SH SH from $133.00 to $134.00 and gave the stock an “overweight” rating in a report on Thursday, May 3rd. Robert W. Baird restated a “buy” rating and set a $125.00 target price on shares of DIGITAL Rlty Tr/SH SH in a report on Friday, February 23rd. Credit Suisse Group raised their target price on shares of DIGITAL Rlty Tr/SH SH from $95.00 to $101.00 and gave the stock a “hold” rating in a report on Friday, April 27th. ValuEngine cut shares of DIGITAL Rlty Tr/SH SH from a “buy” rating to a “hold” rating in a report on Thursday, April 12th. Finally, TheStreet upgraded shares of DIGITAL Rlty Tr/SH SH from a “c+” rating to a “b” rating in a report on Thursday, February 15th. Eight research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $122.06.

DLR stock opened at $108.36 on Thursday. DIGITAL Rlty Tr/SH SH has a 12-month low of $96.56 and a 12-month high of $127.23. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.33 and a quick ratio of 0.33. The company has a market capitalization of $22.29 billion, a price-to-earnings ratio of 17.65, a P/E/G ratio of 2.43 and a beta of 0.02.

DIGITAL Rlty Tr/SH SH (NYSE:DLR) last released its earnings results on Thursday, April 26th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. DIGITAL Rlty Tr/SH SH had a net margin of 10.23% and a return on equity of 3.63%. The company had revenue of $744.40 million during the quarter, compared to the consensus estimate of $742.93 million. During the same quarter in the prior year, the firm earned $1.52 EPS. The company’s revenue was up 35.2% compared to the same quarter last year. research analysts expect that DIGITAL Rlty Tr/SH SH will post 6.55 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Friday, June 15th will be issued a dividend of $1.01 per share. The ex-dividend date is Thursday, June 14th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 3.73%. DIGITAL Rlty Tr/SH SH’s dividend payout ratio is currently 65.80%.

In other news, SVP Christopher Kenney sold 10,000 shares of the firm’s stock in a transaction on Friday, March 9th. The shares were sold at an average price of $103.47, for a total transaction of $1,034,700.00. Following the transaction, the senior vice president now owns 10,000 shares in the company, valued at approximately $1,034,700. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.43% of the stock is currently owned by company insiders.

DIGITAL Rlty Tr/SH 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 SH (NYSE:DLR)

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