Somewhat Positive Press Coverage Somewhat Unlikely to Impact DIGITAL RLTY TR/SH (DLR) Share Price

Media headlines about DIGITAL RLTY TR/SH (NYSE:DLR) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. DIGITAL RLTY TR/SH earned a news impact score of 0.15 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.5791119419907 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

Shares of DIGITAL RLTY TR/SH opened at $120.96 on Monday, according to Marketbeat.com. The company has a market cap of $25.11 billion, a PE ratio of 19.70, a PEG ratio of 2.68 and a beta of 0.15. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.30 and a quick ratio of 0.33. DIGITAL RLTY TR/SH has a 1 year low of $96.56 and a 1 year high of $127.23.

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

A number of research firms have commented on DLR. BMO Capital Markets increased their price objective on shares of DIGITAL RLTY TR/SH from $120.00 to $124.00 and gave the company a “market perform” rating in a report on Monday, July 30th. Royal Bank of Canada reiterated a “buy” rating and issued a $131.00 price objective on shares of DIGITAL RLTY TR/SH in a report on Monday. Barclays increased their price objective on shares of DIGITAL RLTY TR/SH from $139.00 to $141.00 and gave the company an “overweight” rating in a report on Thursday, August 2nd. Zacks Investment Research downgraded shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a report on Thursday. Finally, Citigroup raised their price target on shares of DIGITAL RLTY TR/SH from $119.00 to $131.00 and gave the stock a “buy” rating in a report on Monday, July 30th. They noted that the move was a valuation call. Eight investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $127.17.

In related news, insider Edward F. Sham sold 10,435 shares of the stock in a transaction that occurred on Friday, July 6th. The shares were sold at an average price of $115.00, for a total transaction of $1,200,025.00. Following the completion of the transaction, the insider now owns 6,207 shares of the company’s stock, valued at approximately $713,805. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Joshua A. Mills sold 2,500 shares of the stock in a transaction that occurred 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 transaction, 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 a total of 20,435 shares of company stock valued at $2,318,775 in the last ninety days. 0.43% of the stock is currently owned by corporate insiders.

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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