Commonwealth Bank of Australia raised its holdings in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 66.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,956 shares of the real estate investment trust’s stock after acquiring an additional 781 shares during the period. Commonwealth Bank of Australia’s holdings in DIGITAL RLTY TR/SH were worth $216,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. American Century Companies Inc. lifted its stake in shares of DIGITAL RLTY TR/SH by 93.1% in the 1st quarter. American Century Companies Inc. now owns 185,213 shares of the real estate investment trust’s stock valued at $19,518,000 after purchasing an additional 89,311 shares during the period. Eaton Vance Management lifted its stake in shares of DIGITAL RLTY TR/SH by 7.6% in the 1st quarter. Eaton Vance Management now owns 16,197 shares of the real estate investment trust’s stock valued at $1,707,000 after purchasing an additional 1,138 shares during the period. Synovus Financial Corp acquired a new position in shares of DIGITAL RLTY TR/SH in the 1st quarter valued at $187,000. Neuberger Berman Group LLC lifted its stake in shares of DIGITAL RLTY TR/SH by 1,105.0% in the 1st quarter. Neuberger Berman Group LLC now owns 272,826 shares of the real estate investment trust’s stock valued at $28,941,000 after purchasing an additional 250,185 shares during the period. Finally, US Bancorp DE lifted its stake in shares of DIGITAL RLTY TR/SH by 43.7% in the 1st quarter. US Bancorp DE now owns 196,918 shares of the real estate investment trust’s stock valued at $20,752,000 after purchasing an additional 59,890 shares during the period. Institutional investors and hedge funds own 98.45% of the company’s stock.

In other DIGITAL RLTY TR/SH news, SVP Joshua A. Mills sold 5,000 shares of the company’s stock in a transaction on Tuesday, June 26th. The shares were sold at an average price of $110.00, for a total transaction of $550,000.00. Following the completion of the transaction, the senior vice president now directly owns 9,166 shares in the company, valued at $1,008,260. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 transaction of $281,250.00. Following the sale, the senior vice president now directly owns 6,666 shares of the company’s stock, valued at approximately $749,925. The disclosure for this sale can be found here. Insiders have sold 20,435 shares of company stock valued at $2,318,775 over the last 90 days. 0.43% of the stock is currently owned by company insiders.

Several research firms recently issued reports on DLR. Royal Bank of Canada reiterated a “buy” rating and issued a $131.00 target price on shares of DIGITAL RLTY TR/SH in a research note on Monday, August 13th. Zacks Investment Research cut shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a research note on Thursday, August 9th. Credit Suisse Group set a $130.00 target price on shares of DIGITAL RLTY TR/SH and gave the company a “hold” rating in a research note on Wednesday, August 8th. Barclays boosted their target price on shares of 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. Finally, BMO Capital Markets boosted their target price on shares of DIGITAL RLTY TR/SH from $120.00 to $124.00 and gave the company a “market perform” rating in a research note on Monday, July 30th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. DIGITAL RLTY TR/SH has a consensus rating of “Buy” and a consensus price target of $127.25.

NYSE:DLR opened at $122.66 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.95. The firm has a market cap of $25.33 billion, a price-to-earnings ratio of 19.42, a P/E/G ratio of 2.71 and a beta of 0.14. DIGITAL RLTY TR/SH has a fifty-two week low of $96.56 and a fifty-two week high of $125.10.

DIGITAL RLTY TR/SH (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 26th. The real estate investment trust reported $0.32 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.61 by ($1.29). The company had revenue of $754.91 million for the quarter, compared to analyst estimates of $759.30 million. DIGITAL RLTY TR/SH had a return on equity of 3.02% and a net margin of 9.79%. The business’s revenue was up 33.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.54 earnings per share. equities research analysts predict that DIGITAL RLTY TR/SH will post 6.6 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be given a dividend of $1.01 per share. This represents a $4.04 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date is Thursday, September 13th. DIGITAL RLTY TR/SH’s dividend payout ratio is presently 65.80%.

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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