Krueger & Catalano Capital Partners LLC Acquires 1,607 Shares of DIGITAL RLTY TR/SH (NYSE:DLR)

Krueger & Catalano Capital Partners LLC lifted its holdings in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 13.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,982 shares of the real estate investment trust’s stock after purchasing an additional 1,607 shares during the period. Krueger & Catalano Capital Partners LLC’s holdings in DIGITAL RLTY TR/SH were worth $1,647,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. FTB Advisors Inc. boosted its position in shares of DIGITAL RLTY TR/SH by 217.4% during the 1st quarter. FTB Advisors Inc. now owns 346 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 237 shares in the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of DIGITAL RLTY TR/SH during the 1st quarter valued at about $51,000. Bremer Bank National Association bought a new stake in shares of DIGITAL RLTY TR/SH during the 1st quarter valued at about $56,000. Winslow Evans & Crocker Inc. boosted its position in shares of DIGITAL RLTY TR/SH by 14.5% during the 1st quarter. Winslow Evans & Crocker Inc. now owns 696 shares of the real estate investment trust’s stock valued at $86,000 after purchasing an additional 88 shares in the last quarter. Finally, Manchester Capital Management LLC boosted its position in shares of DIGITAL RLTY TR/SH by 29.6% during the 1st quarter. Manchester Capital Management LLC now owns 701 shares of the real estate investment trust’s stock valued at $83,000 after purchasing an additional 160 shares in the last quarter. Institutional investors own 99.17% of the company’s stock.

DLR has been the topic of several recent research reports. Raymond James upgraded DIGITAL RLTY TR/SH from a “market perform” rating to an “outperform” rating and set a $116.00 price target on the stock in a report on Thursday, June 6th. Stifel Nicolaus set a $130.00 price target on DIGITAL RLTY TR/SH and gave the stock a “buy” rating in a report on Friday, April 26th. Barclays reiterated a “buy” rating and issued a $143.00 price target on shares of DIGITAL RLTY TR/SH in a report on Tuesday, April 16th. Argus initiated coverage on DIGITAL RLTY TR/SH in a report on Wednesday, July 3rd. They issued a “buy” rating and a $140.00 price target on the stock. Finally, Cowen set a $125.00 price target on DIGITAL RLTY TR/SH and gave the stock a “hold” rating in a report on Wednesday. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. DIGITAL RLTY TR/SH has an average rating of “Buy” and an average target price of $126.46.

In other DIGITAL RLTY TR/SH news, insider Edward F. Sham sold 17,233 shares of the stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $119.65, for a total transaction of $2,061,928.45. Following the completion of the transaction, the insider now owns 21,571 shares of the company’s stock, valued at approximately $2,580,970.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kevin Kennedy sold 400 shares of the stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $117.25, for a total transaction of $46,900.00. Following the completion of the transaction, the director now directly owns 400 shares of the company’s stock, valued at approximately $46,900. The disclosure for this sale can be found here. Insiders sold a total of 29,333 shares of company stock valued at $3,537,128 over the last 90 days. 0.49% of the stock is currently owned by company insiders.

NYSE DLR opened at $115.53 on Friday. The business has a 50-day simple moving average of $118.99. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $23.74 billion, a PE ratio of 17.50, a PEG ratio of 2.46 and a beta of 0.40. DIGITAL RLTY TR/SH has a 1 year low of $100.05 and a 1 year high of $125.19.

DIGITAL RLTY TR/SH (NYSE:DLR) last issued its quarterly earnings results on Tuesday, July 30th. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($1.48). DIGITAL RLTY TR/SH had a return on equity of 3.27% and a net margin of 10.95%. The company had revenue of $801.00 million during the quarter, compared to the consensus estimate of $807.48 million. During the same period in the prior year, the firm earned $1.66 earnings per share. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. As a group, equities analysts anticipate that DIGITAL RLTY TR/SH will post 6.66 EPS for the current year.

DIGITAL RLTY TR/SH 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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