Digital Realty Trust (DLR) : Coldstream Capital Management Inc scooped up 4,047 additional shares in Digital Realty Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 31,503 shares of Digital Realty Trust which is valued at $3,201,965.Digital Realty Trust makes up approximately 0.54% of Coldstream Capital Management Inc’s portfolio.
Other Hedge Funds, Including , Edge Asset Management Inc reduced its stake in DLR by selling 804,856 shares or 45.23% in the most recent quarter. The Hedge Fund company now holds 974,810 shares of DLR which is valued at $97,812,435. Digital Realty Trust makes up approx 0.84% of Edge Asset Management Inc’s portfolio.California Public Employees Retirement System reduced its stake in DLR by selling 2,400 shares or 0.61% in the most recent quarter. The Hedge Fund company now holds 390,100 shares of DLR which is valued at $39,817,507. Digital Realty Trust makes up approx 0.06% of California Public Employees Retirement System’s portfolio.Huntington National Bank reduced its stake in DLR by selling 1,105 shares or 25.23% in the most recent quarter. The Hedge Fund company now holds 3,275 shares of DLR which is valued at $345,152. Digital Realty Trust makes up approx 0.01% of Huntington National Bank’s portfolio.Capstone Asset Management Co boosted its stake in DLR in the latest quarter, The investment management firm added 10,850 additional shares and now holds a total of 14,631 shares of Digital Realty Trust which is valued at $1,606,776. Digital Realty Trust makes up approx 0.05% of Capstone Asset Management Co’s portfolio.
Digital Realty Trust opened for trading at $101 and hit $102.13 on the upside on Wednesday, eventually ending the session at $101.78, with a gain of 1.10% or 1.11 points. The heightened volatility saw the trading volume jump to 11,06,983 shares. Company has a market cap of $14,948 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.