DIGITAL RLTY TR/SH (DLR) Holdings Lifted by Wambolt & Associates LLC

Wambolt & Associates LLC raised its holdings in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 3.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,525 shares of the real estate investment trust’s stock after buying an additional 234 shares during the period. Wambolt & Associates LLC’s holdings in DIGITAL RLTY TR/SH were worth $907,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DLR. Bessemer Group Inc. raised its stake in DIGITAL RLTY TR/SH by 72.6% during the 4th quarter. Bessemer Group Inc. now owns 233 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 98 shares in the last quarter. Ruggie Capital Group bought a new position in shares of DIGITAL RLTY TR/SH during the 4th quarter valued at about $28,000. Parkside Financial Bank & Trust boosted its position in shares of DIGITAL RLTY TR/SH by 223.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 382 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 264 shares in the last quarter. We Are One Seven LLC bought a new position in shares of DIGITAL RLTY TR/SH during the 4th quarter valued at about $42,000. Finally, Bremer Trust National Association bought a new position in shares of DIGITAL RLTY TR/SH during the 4th quarter valued at about $51,000. Institutional investors and hedge funds own 99.17% of the company’s stock.

Shares of NYSE DLR traded down $0.26 during midday trading on Thursday, reaching $121.72. 778,816 shares of the company traded hands, compared to its average volume of 1,404,670. The stock has a market cap of $25.39 billion, a PE ratio of 18.44, a PEG ratio of 2.58 and a beta of 0.48. DIGITAL RLTY TR/SH has a 12 month low of $100.05 and a 12 month high of $125.10. 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 issued its quarterly earnings data on Tuesday, February 5th. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.67 by ($1.52). DIGITAL RLTY TR/SH had a net margin of 10.87% and a return on equity of 3.58%. The company had revenue of $778.30 million for the quarter, compared to the consensus estimate of $789.59 million. During the same period in the previous year, the business posted $0.26 earnings per share. The firm’s revenue was up 6.4% compared to the same quarter last year. Analysts predict that DIGITAL RLTY TR/SH will post 6.67 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a $1.08 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This is a positive change from DIGITAL RLTY TR/SH’s previous quarterly dividend of $1.01. This represents a $4.32 annualized dividend and a yield of 3.55%. DIGITAL RLTY TR/SH’s dividend payout ratio (DPR) is 65.45%.

A number of analysts have recently issued reports on the stock. ValuEngine lowered shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Credit Suisse Group set a $123.00 price target on shares of DIGITAL RLTY TR/SH and gave the company a “hold” rating in a research report on Thursday, December 20th. BMO Capital Markets reissued a “hold” rating and issued a $115.00 price target on shares of DIGITAL RLTY TR/SH in a research report on Wednesday, February 6th. Zacks Investment Research raised shares of DIGITAL RLTY TR/SH from a “hold” rating to a “buy” rating and set a $135.00 price target on the stock in a research report on Thursday. Finally, TheStreet lowered 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 issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $126.55.

In other DIGITAL RLTY TR/SH news, Director Kevin Kennedy sold 400 shares of the stock in a transaction dated Friday, February 8th. The stock was sold at an average price of $110.13, for a total value of $44,052.00. Following the completion of 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 Securities & Exchange Commission, which is available through the SEC website. Also, SVP Joshua A. Mills sold 10,000 shares of the stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $119.21, for a total value of $1,192,100.00. Following the completion of the transaction, the senior vice president now owns 14,166 shares of the company’s stock, valued at $1,688,728.86. The disclosure for this sale can be found here. Company insiders own 0.43% of the company’s stock.

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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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