Digital Realty Trust (DLR) : Coldstream Capital Management Inc reduced its stake in Digital Realty Trust by 17.56% during the most recent quarter end. The investment management company now holds a total of 25,970 shares of Digital Realty Trust which is valued at $2,336,521 after selling 5,533 shares in Digital Realty Trust , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Digital Realty Trust makes up approximately 0.42% of Coldstream Capital Management Inc’s portfolio.
Other Hedge Funds, Including , Aqr Capital Management boosted its stake in DLR in the latest quarter, The investment management firm added 42,783 additional shares and now holds a total of 119,683 shares of Digital Realty Trust which is valued at $10,767,880. Digital Realty Trust makes up approx 0.02% of Aqr Capital Management’s portfolio. Ikos Cif Ltd added DLR to its portfolio by purchasing 764 company shares during the most recent quarter which is valued at $67,408. Digital Realty Trust makes up approx 0.40% of Ikos Cif Ltd’s portfolio.Nomura Asset Management Co Ltd boosted its stake in DLR in the latest quarter, The investment management firm added 364 additional shares and now holds a total of 116,915 shares of Digital Realty Trust which is valued at $10,315,410. Digital Realty Trust makes up approx 0.19% of Nomura Asset Management Co Ltd’s portfolio.Navellier Associates Inc boosted its stake in DLR in the latest quarter, The investment management firm added 10,427 additional shares and now holds a total of 172,907 shares of Digital Realty Trust which is valued at $16,595,614. Digital Realty Trust makes up approx 2.40% of Navellier Associates Inc’s portfolio. Rothschild Investment Corp Il sold out all of its stake in DLR during the most recent quarter. The investment firm sold 5,930 shares of DLR which is valued $562,994.
Digital Realty Trust opened for trading at $87.95 and hit $89.17 on the upside on Monday, eventually ending the session at $88.94, with a gain of 1.60% or 1.4 points. The heightened volatility saw the trading volume jump to 16,54,562 shares. Company has a market cap of $14,136 M.
On the company’s financial health, Digital Realty Trust reported $1.44 EPS for the quarter, based on the information available during the earnings call on Oct 27, 2016. Analyst had a consensus estimate of $1.44. The company had revenue of $546.30 million for the quarter, compared to analysts expectations of $534.67 million. The company’s revenue was up 25.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.28 EPS.
Investors should note that on Nov 9, 2016, Digital Realty Trust announced a cash dividend of $0.8800. The company’s management has announced Dec 13, 2016 as the ex-dividend date and fixed the record date on Dec 15, 2016. The payable date has been fixed on Jan 13, 2017.
Many Wall Street Analysts have commented on Digital Realty Trust. Digital Realty Trust was Upgraded by Morgan Stanley to ” Overweight” on Nov 8, 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.