Brown Advisory Inc. boosted its stake in DIGITAL RLTY TR/SH (NYSE:DLR) by 24.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,332 shares of the real estate investment trust’s stock after purchasing an additional 855 shares during the period. Brown Advisory Inc.’s holdings in DIGITAL RLTY TR/SH were worth $483,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in DLR. Schwab Charles Investment Management Inc. increased its stake in shares of 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 during the period. Spinnaker Trust purchased a new position in shares of DIGITAL RLTY TR/SH during the first quarter valued at approximately $1,640,000. BNP Paribas Arbitrage SA increased its stake 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 buying an additional 29,874 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of DIGITAL RLTY TR/SH by 1.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 80,589 shares of the real estate investment trust’s stock valued at $8,993,000 after buying an additional 1,442 shares during the period. Finally, CIBC Asset Management Inc increased its stake in shares of DIGITAL RLTY TR/SH by 3.2% during the second quarter. CIBC Asset Management Inc now owns 22,926 shares of the real estate investment trust’s stock valued at $2,558,000 after buying an additional 702 shares during the period. 98.45% of the stock is currently owned by institutional investors and hedge funds.

Shares of DLR stock opened at $122.66 on Friday. The firm has a market capitalization of $25.36 billion, a P/E ratio of 19.98, a PEG ratio of 2.71 and a beta of 0.14. DIGITAL RLTY TR/SH has a twelve month low of $96.56 and a twelve month high of $125.10. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.30 and a current ratio of 0.30.

DIGITAL RLTY TR/SH (NYSE:DLR) last issued its quarterly earnings results on Thursday, July 26th. The real estate investment trust reported $0.32 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.61 by ($1.29). The firm 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%. DIGITAL RLTY TR/SH’s revenue for the quarter was up 33.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.54 earnings per share. equities analysts anticipate that DIGITAL RLTY TR/SH will post 6.6 earnings per share for the current fiscal year.

The company also recently declared 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. The ex-dividend date is Thursday, September 13th. This represents a $4.04 annualized dividend and a yield of 3.29%. DIGITAL RLTY TR/SH’s payout ratio is 65.80%.

In related news, insider Edward F. Sham sold 10,435 shares of the company’s stock in a transaction on Friday, July 6th. The stock was sold at an average price of $115.00, for a total value of $1,200,025.00. Following the sale, the insider now directly owns 6,207 shares of the company’s stock, valued at $713,805. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Joshua A. Mills sold 2,500 shares of the company’s stock in a transaction on 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 in the company, valued at $749,925. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,435 shares of company stock worth $2,318,775. 0.43% of the stock is owned by insiders.

DLR has been the topic of several research analyst reports. Zacks Investment Research cut DIGITAL RLTY TR/SH from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 18th. Wells Fargo & Co reissued a “buy” rating on shares of DIGITAL RLTY TR/SH in a research note on Friday, July 27th. Barclays boosted their target price on DIGITAL RLTY TR/SH from $139.00 to $141.00 and gave the company an “overweight” rating in a research note on Thursday, August 2nd. Stifel Nicolaus boosted their target price on DIGITAL RLTY TR/SH from $128.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, July 27th. Finally, Credit Suisse Group set a $130.00 target price on DIGITAL RLTY TR/SH and gave the company a “hold” rating in a research note on Wednesday, August 8th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. DIGITAL RLTY TR/SH presently has a consensus rating of “Buy” and a consensus price target of $127.25.

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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