Zeke Capital Advisors LLC increased its stake in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 15.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,474 shares of the real estate investment trust’s stock after purchasing an additional 846 shares during the quarter. Zeke Capital Advisors LLC’s holdings in DIGITAL RLTY TR/SH were worth $840,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of DIGITAL RLTY TR/SH by 1.2% during the second quarter. Vanguard Group Inc. now owns 33,699,413 shares of the real estate investment trust’s stock valued at $3,969,454,000 after purchasing an additional 388,759 shares during the last quarter. APG Asset Management US Inc. grew its stake in shares of DIGITAL RLTY TR/SH by 3.5% during the second quarter. APG Asset Management US Inc. now owns 9,304,500 shares of the real estate investment trust’s stock valued at $1,095,977,000 after purchasing an additional 313,000 shares during the last quarter. Northern Trust Corp grew its stake in shares of DIGITAL RLTY TR/SH by 1.7% during the second quarter. Northern Trust Corp now owns 3,328,399 shares of the real estate investment trust’s stock valued at $392,052,000 after purchasing an additional 57,232 shares during the last quarter. Canada Pension Plan Investment Board grew its stake in shares of DIGITAL RLTY TR/SH by 1.6% during the second quarter. Canada Pension Plan Investment Board now owns 3,303,216 shares of the real estate investment trust’s stock valued at $389,086,000 after purchasing an additional 51,251 shares during the last quarter. Finally, Nuveen Asset Management LLC grew its stake in shares of DIGITAL RLTY TR/SH by 136.8% during the second quarter. Nuveen Asset Management LLC now owns 2,766,779 shares of the real estate investment trust’s stock valued at $325,899,000 after purchasing an additional 1,598,434 shares during the last quarter.
In other DIGITAL RLTY TR/SH news, Director Kevin Kennedy sold 300 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were 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 of the company’s stock, valued at $37,500. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.49% of the stock is currently owned by company insiders.
Shares of DLR stock opened at $132.98 on Monday. DIGITAL RLTY TR/SH has a 52-week low of $100.05 and a 52-week high of $133.08. The stock has a market cap of $27.45 billion, a PE ratio of 20.15, a PEG ratio of 2.86 and a beta of 0.40. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.36 and a current ratio of 0.36. The firm’s 50 day moving average price is $127.56 and its two-hundred day moving average price is $121.29.
DIGITAL RLTY TR/SH (NYSE:DLR) last announced its quarterly earnings data on Tuesday, July 30th. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $801.00 million during the quarter, compared to the consensus estimate of $807.48 million. During the same period in the previous year, the business posted $1.66 earnings per share. DIGITAL RLTY TR/SH’s revenue was up 6.1% compared to the same quarter last year. As a group, sell-side analysts predict that DIGITAL RLTY TR/SH will post 6.65 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a $1.08 dividend. The ex-dividend date was Thursday, September 12th. This represents a $4.32 dividend on an annualized basis and a yield of 3.25%. DIGITAL RLTY TR/SH’s payout ratio is presently 65.45%.
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.
Read More: What is an overbought condition?
Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DIGITAL RLTY TR/SH (NYSE:DLR).
Receive News & Ratings for DIGITAL RLTY TR/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DIGITAL RLTY TR/SH and related companies with MarketBeat.com's FREE daily email newsletter.