grace capital Has $1.69 Million Position in DIGITAL RLTY TR/SH (DLR)

grace capital increased its position in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 161.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,817 shares of the real estate investment trust’s stock after buying an additional 9,759 shares during the period. grace capital’s holdings in DIGITAL RLTY TR/SH were worth $1,685,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BLB&B Advisors LLC raised its stake in DIGITAL RLTY TR/SH by 54.8% during the fourth quarter. BLB&B Advisors LLC now owns 11,068 shares of the real estate investment trust’s stock worth $1,179,000 after buying an additional 3,920 shares during the last quarter. Thomas White International Ltd. bought a new position in DIGITAL RLTY TR/SH during the third quarter worth $529,000. Afam Capital Inc. raised its stake in DIGITAL RLTY TR/SH by 1.2% during the third quarter. Afam Capital Inc. now owns 68,500 shares of the real estate investment trust’s stock worth $7,705,000 after buying an additional 838 shares during the last quarter. Marshall Wace North America L.P. bought a new position in DIGITAL RLTY TR/SH during the third quarter worth $14,744,000. Finally, Financial Gravity Companies Inc. bought a new position in DIGITAL RLTY TR/SH during the fourth quarter worth $320,000. 99.17% of the stock is owned by institutional investors and hedge funds.

DIGITAL RLTY TR/SH stock opened at $119.12 on Monday. DIGITAL RLTY TR/SH has a fifty-two week low of $100.05 and a fifty-two week high of $125.10. The stock has a market cap of $24.76 billion, a P/E ratio of 18.05, a PEG ratio of 2.55 and a beta of 0.48. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.21 and a current ratio of 0.21.

DIGITAL RLTY TR/SH (NYSE:DLR) last released its quarterly earnings results on Tuesday, February 5th. The real estate investment trust reported $0.15 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.52). DIGITAL RLTY TR/SH had a return on equity of 3.58% and a net margin of 10.87%. The firm had revenue of $778.30 million for the quarter, compared to analysts’ expectations of $789.59 million. During the same quarter last year, the firm posted $0.26 earnings per share. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, research analysts anticipate that DIGITAL RLTY TR/SH will post 6.68 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be issued a dividend of $1.08 per share. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from DIGITAL RLTY TR/SH’s previous quarterly dividend of $1.01. This represents a $4.32 annualized dividend and a yield of 3.63%. DIGITAL RLTY TR/SH’s payout ratio is 65.45%.

Several research firms have recently commented on DLR. Jefferies Financial Group raised shares of DIGITAL RLTY TR/SH from a “hold” rating to a “buy” rating and boosted their target price for the stock from $124.00 to $136.00 in a research report on Monday, December 10th. Barclays decreased their target price on shares of DIGITAL RLTY TR/SH from $132.00 to $131.00 and set an “overweight” rating for the company in a research report on Thursday, January 3rd. BMO Capital Markets reissued a “hold” rating and set a $115.00 target price on shares of DIGITAL RLTY TR/SH in a research report on Wednesday, February 6th. ValuEngine downgraded shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Finally, TheStreet downgraded shares of DIGITAL RLTY TR/SH from a “b-” rating to a “c+” rating in a research report on Wednesday, February 6th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $126.27.

In related news, Director Kevin Kennedy sold 400 shares of the business’s stock in a transaction dated Friday, February 8th. The shares were sold at an average price of $110.13, for a total transaction of $44,052.00. Following the transaction, the director now directly owns 400 shares in the company, valued at $44,052. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.43% of the stock is currently owned by insiders.

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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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