Cetera Investment Advisers Has $240,000 Stock Holdings in DIGITAL RLTY TR/SH (NYSE:DLR)

Cetera Investment Advisers lifted its stake in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 4.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,864 shares of the real estate investment trust’s stock after purchasing an additional 86 shares during the period. Cetera Investment Advisers’ holdings in DIGITAL RLTY TR/SH were worth $240,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in DLR. Nuveen Asset Management LLC raised its position 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 worth $325,899,000 after purchasing an additional 1,598,434 shares during the period. UBS Asset Management Americas Inc. raised its position in DIGITAL RLTY TR/SH by 45.3% during the second quarter. UBS Asset Management Americas Inc. now owns 1,729,360 shares of the real estate investment trust’s stock valued at $203,701,000 after buying an additional 538,922 shares during the period. Parnassus Investments CA raised its position in DIGITAL RLTY TR/SH by 16.8% during the third quarter. Parnassus Investments CA now owns 3,572,590 shares of the real estate investment trust’s stock valued at $463,758,000 after buying an additional 513,401 shares during the period. Pictet Asset Management Ltd. raised its position in DIGITAL RLTY TR/SH by 71.6% during the second quarter. Pictet Asset Management Ltd. now owns 1,088,152 shares of the real estate investment trust’s stock valued at $128,173,000 after buying an additional 454,100 shares during the period. Finally, Bank of New York Mellon Corp raised its position in DIGITAL RLTY TR/SH by 25.1% during the second quarter. Bank of New York Mellon Corp now owns 2,139,551 shares of the real estate investment trust’s stock valued at $252,019,000 after buying an additional 428,946 shares during the period.

DLR has been the topic of several recent analyst reports. Morgan Stanley lowered DIGITAL RLTY TR/SH from an “overweight” rating to an “equal” rating and upped their price target for the company from $118.00 to $122.00 in a research report on Thursday, September 19th. Barclays set a $162.00 price target on DIGITAL RLTY TR/SH and gave the company a “buy” rating in a research report on Friday, October 11th. KeyCorp upped their price target on DIGITAL RLTY TR/SH from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, October 8th. William Blair raised DIGITAL RLTY TR/SH from a “market perform” rating to an “outperform” rating in a research report on Wednesday, October 30th. Finally, Guggenheim lowered DIGITAL RLTY TR/SH from a “buy” rating to a “neutral” rating and upped their target price for the stock from $127.00 to $132.00 in a research report on Wednesday, September 11th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. DIGITAL RLTY TR/SH currently has an average rating of “Buy” and a consensus price target of $131.21.

In other news, Director Kevin Kennedy sold 400 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $116.56, for a total transaction of $46,624.00. Following the completion of the sale, the director now owns 400 shares in the company, valued at approximately $46,624. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.49% of the company’s stock.

Shares of DLR stock opened at $118.87 on Monday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.33 and a quick ratio of 0.36. DIGITAL RLTY TR/SH has a fifty-two week low of $100.05 and a fifty-two week high of $136.32. The stock’s 50-day moving average is $127.82 and its two-hundred day moving average is $122.04. The firm has a market cap of $24.45 billion, a P/E ratio of 18.01, a PEG ratio of 2.55 and a beta of 0.38.

DIGITAL RLTY TR/SH (NYSE:DLR) last released its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.03. The company had revenue of $806.50 million during the quarter, compared to the consensus estimate of $814.47 million. DIGITAL RLTY TR/SH had a return on equity of 2.69% and a net margin of 9.22%. The firm’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.33 EPS. As a group, research analysts expect that DIGITAL RLTY TR/SH will post 6.62 EPS for the current year.

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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