Optimum Investment Advisors Has $200,000 Stock Holdings in DIGITAL RLTY TR/SH (NYSE:DLR)

Optimum Investment Advisors lifted its holdings in DIGITAL RLTY TR/SH (NYSE:DLR) by 88.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,700 shares of the real estate investment trust’s stock after acquiring an additional 800 shares during the quarter. Optimum Investment Advisors’ holdings in DIGITAL RLTY TR/SH were worth $200,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. FMR LLC boosted its position in shares of DIGITAL RLTY TR/SH by 3.1% in the first quarter. FMR LLC now owns 4,123,291 shares of the real estate investment trust’s stock worth $490,672,000 after buying an additional 122,913 shares during the period. Geode Capital Management LLC boosted its position in DIGITAL RLTY TR/SH by 7.2% during the fourth quarter. Geode Capital Management LLC now owns 3,250,993 shares of the real estate investment trust’s stock valued at $345,892,000 after purchasing an additional 217,995 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in DIGITAL RLTY TR/SH by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,113,241 shares of the real estate investment trust’s stock valued at $331,715,000 after purchasing an additional 11,115 shares during the last quarter. Parnassus Investments CA boosted its position in DIGITAL RLTY TR/SH by 0.9% during the first quarter. Parnassus Investments CA now owns 3,101,104 shares of the real estate investment trust’s stock valued at $369,031,000 after purchasing an additional 28,360 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its position in DIGITAL RLTY TR/SH by 11.0% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 986,968 shares of the real estate investment trust’s stock valued at $116,255,000 after purchasing an additional 97,576 shares during the last quarter. 99.17% of the stock is owned by institutional investors and hedge funds.

NYSE DLR traded down $0.15 during trading on Friday, hitting $119.59. 25,888 shares of the company traded hands, compared to its average volume of 1,043,071. DIGITAL RLTY TR/SH has a 12 month low of $100.05 and a 12 month high of $125.19. The business’s fifty day simple moving average is $118.50. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.36 and a quick ratio of 0.05. The company has a market cap of $24.39 billion, a P/E ratio of 18.10, a P/E/G ratio of 2.54 and a beta of 0.43.

DIGITAL RLTY TR/SH (NYSE:DLR) last posted its earnings results on Tuesday, July 30th. The real estate investment trust reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.63 by ($1.48). DIGITAL RLTY TR/SH had a net margin of 10.00% and a return on equity of 3.01%. The company had revenue of $801.00 million for the quarter, compared to the consensus estimate of $807.48 million. During the same quarter last year, the business earned $1.66 earnings per share. DIGITAL RLTY TR/SH’s quarterly revenue was up 6.1% on a year-over-year basis. On average, equities research analysts predict that DIGITAL RLTY TR/SH will post 6.64 EPS for the current fiscal year.

A number of research firms recently issued reports on DLR. Jefferies Financial Group cut DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating and reduced their price objective for the company from $144.00 to $125.00 in a research report on Tuesday, April 23rd. TheStreet raised DIGITAL RLTY TR/SH from a “c+” rating to a “b” rating in a research report on Thursday, April 25th. Stifel Nicolaus set a $130.00 price objective on DIGITAL RLTY TR/SH and gave the company a “buy” rating in a research report on Friday, April 26th. Cowen set a $125.00 price objective on DIGITAL RLTY TR/SH and gave the company a “hold” rating in a research report on Wednesday, July 31st. Finally, ValuEngine cut DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a research report on Thursday, June 27th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $126.46.

In other news, Director Kevin Kennedy sold 300 shares of DIGITAL RLTY TR/SH stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $125.00, for a total value of $37,500.00. Following the transaction, the director now directly owns 300 shares in the company, valued at $37,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Edward F. Sham sold 11,400 shares of DIGITAL RLTY TR/SH stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $122.00, for a total value of $1,390,800.00. Following the completion of the transaction, the insider now owns 15,738 shares in the company, valued at $1,920,036. The disclosure for this sale can be found here. 0.49% of the stock is owned by company insiders.

About DIGITAL RLTY TR/SH

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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