DIGITAL RLTY TR/SH (NYSE:DLR) Holdings Increased by Empire Life Investments Inc.

Empire Life Investments Inc. raised its stake in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 24.3% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 188,076 shares of the real estate investment trust’s stock after acquiring an additional 36,793 shares during the period. DIGITAL RLTY TR/SH makes up approximately 1.9% of Empire Life Investments Inc.’s holdings, making the stock its 18th biggest position. Empire Life Investments Inc. owned approximately 0.09% of DIGITAL RLTY TR/SH worth $22,381,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of DLR. Bessemer Group Inc. increased its position in shares of DIGITAL RLTY TR/SH by 72.6% during the 4th quarter. Bessemer Group Inc. now owns 233 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 98 shares during the last quarter. Ruggie Capital Group purchased a new stake in shares of DIGITAL RLTY TR/SH during the 4th quarter valued at about $28,000. Parkside Financial Bank & Trust increased its position in shares of DIGITAL RLTY TR/SH by 223.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 382 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 264 shares during the last quarter. We Are One Seven LLC purchased a new stake in shares of DIGITAL RLTY TR/SH during the 4th quarter valued at about $42,000. Finally, Bremer Trust National Association purchased a new stake in shares of DIGITAL RLTY TR/SH during the 4th quarter valued at about $51,000. Institutional investors and hedge funds own 99.17% of the company’s stock.

In other DIGITAL RLTY TR/SH news, insider Edward F. Sham sold 17,233 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $119.65, for a total value of $2,061,928.45. Following the completion of the transaction, the insider now directly owns 21,571 shares in the company, valued at approximately $2,580,970.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Joshua A. Mills sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $119.21, for a total value of $1,192,100.00. Following the completion of the transaction, the senior vice president now owns 14,166 shares of the company’s stock, valued at $1,688,728.86. The disclosure for this sale can be found here. Corporate insiders own 0.49% of the company’s stock.

DIGITAL RLTY TR/SH stock opened at $117.60 on Friday. The company has a market capitalization of $24.22 billion, a P/E ratio of 17.82, a PEG ratio of 2.61 and a beta of 0.46. DIGITAL RLTY TR/SH has a 12-month low of $100.05 and a 12-month high of $125.10. The company has a quick ratio of 0.21, a current ratio of 0.50 and a debt-to-equity ratio of 1.08.

DIGITAL RLTY TR/SH (NYSE:DLR) last released its earnings results on Thursday, April 25th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.65 by $0.08. The company had revenue of $814.50 million during the quarter, compared to analyst estimates of $800.13 million. DIGITAL RLTY TR/SH had a net margin of 10.95% and a return on equity of 3.27%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.63 EPS. Analysts forecast that DIGITAL RLTY TR/SH will post 6.68 EPS for the current year.

Several equities research analysts have recently commented on the stock. Raymond James lowered shares of DIGITAL RLTY TR/SH from an “outperform” rating to a “market perform” rating and set a $120.00 price target for the company. in a research report on Monday, March 25th. Stifel Nicolaus set a $130.00 price target on shares of DIGITAL RLTY TR/SH and gave the company a “buy” rating in a research report on Friday, April 26th. Zacks Investment Research lowered shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th. TheStreet raised shares of DIGITAL RLTY TR/SH from a “c+” rating to a “b” rating in a research report on Thursday, April 25th. Finally, Jefferies Financial Group lowered shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating and reduced their price target for the company from $144.00 to $125.00 in a research report on Tuesday, April 23rd. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $126.64.

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DIGITAL RLTY TR/SH Company 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.

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Institutional Ownership by Quarter for DIGITAL RLTY TR/SH (NYSE:DLR)

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