Digital Realty Trust (DLR) : Duff Phelps Investment Management Co scooped up 166,304 additional shares in Digital Realty Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 999,604 shares of Digital Realty Trust which is valued at $94,672,495.Digital Realty Trust makes up approximately 1.37% of Duff Phelps Investment Management Co’s portfolio.
Other Hedge Funds, Including , Sarasin Partners Llp sold out all of its stake in DLR during the most recent quarter. The investment firm sold 112,566 shares of DLR which is valued $10,661,126.Msi Financial Services Inc reduced its stake in DLR by selling 403 shares or 12.28% in the most recent quarter. The Hedge Fund company now holds 2,880 shares of DLR which is valued at $272,390. Digital Realty Trust makes up approx 0.01% of Msi Financial Services Inc’s portfolio.Creative Planning boosted its stake in DLR in the latest quarter, The investment management firm added 545 additional shares and now holds a total of 16,683 shares of Digital Realty Trust which is valued at $1,526,828. Digital Realty Trust makes up approx 0.01% of Creative Planning’s portfolio.Naples Global Advisors reduced its stake in DLR by selling 75 shares or 0.87% in the most recent quarter. The Hedge Fund company now holds 8,497 shares of DLR which is valued at $785,973. Digital Realty Trust makes up approx 0.31% of Naples Global Advisors’s portfolio.Simplex Trading boosted its stake in DLR in the latest quarter, The investment management firm added 3,004 additional shares and now holds a total of 4,883 shares of Digital Realty Trust which is valued at $447,380. Digital Realty Trust makes up approx 0.06% of Simplex Trading’s portfolio.
Digital Realty Trust opened for trading at $94.7 and hit $95.7 on the upside on Friday, eventually ending the session at $94.71, with a gain of 0.14% or 0.13 points. The heightened volatility saw the trading volume jump to 10,44,114 shares. Company has a market cap of $13,909 M.
On the company’s financial health, Digital Realty Trust reported $1.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.39. The company had revenue of $514.90 million for the quarter, compared to analysts expectations of $513.47 million. The company’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.30 EPS.
Many Wall Street Analysts have commented on Digital Realty Trust. Company shares were Reiterated by Barclays on Aug 12, 2016 to “Overweight”, Firm has raised the Price Target to $ 126 from a previous price target of $118 .Company shares were Reiterated by RBC Capital Mkts on Aug 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 120 from a previous price target of $105 .Digital Realty Trust was Downgraded by Jefferies to ” Hold” on Jul 19, 2016.
Digital Realty Trust Inc. is a real estate investment trust (REIT) that owns acquires develops and manages technology-related real estate. The Companys services include implementation services remote hands services data center infrastructure management (DCIM) client services and digital realty partner network. The Company is a sole general partner of Digital Realty Trust L.P. As of December 31 2014 Digital Realty Trust Inc. owned 97.8% common general partnership interest in Digital Realty Trust L.P. The remaining 2.2% common limited partnership interests are owned by non-affiliated investors and certain directors and officers of Digital Realty Trust Inc. The Company focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users including the information technology (IT) departments of Fortune 100 and financial services companies.