DIGITAL RLTY TR/SH (NYSE:DLR) Shares Purchased by NEXT Financial Group Inc

NEXT Financial Group Inc boosted its holdings in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 59.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,851 shares of the real estate investment trust’s stock after purchasing an additional 691 shares during the quarter. NEXT Financial Group Inc’s holdings in DIGITAL RLTY TR/SH were worth $218,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Pacer Advisors Inc. boosted its position in DIGITAL RLTY TR/SH by 1,022.6% during the first quarter. Pacer Advisors Inc. now owns 27,987 shares of the real estate investment trust’s stock worth $3,331,000 after purchasing an additional 25,494 shares in the last quarter. Spectrum Management Group Inc. boosted its position in DIGITAL RLTY TR/SH by 8.6% during the first quarter. Spectrum Management Group Inc. now owns 18,980 shares of the real estate investment trust’s stock worth $2,259,000 after purchasing an additional 1,500 shares in the last quarter. Janus Henderson Group PLC boosted its position in DIGITAL RLTY TR/SH by 39.6% during the first quarter. Janus Henderson Group PLC now owns 692,207 shares of the real estate investment trust’s stock worth $82,374,000 after purchasing an additional 196,481 shares in the last quarter. Ferguson Wellman Capital Management Inc. boosted its position in DIGITAL RLTY TR/SH by 267.4% during the first quarter. Ferguson Wellman Capital Management Inc. now owns 337,496 shares of the real estate investment trust’s stock worth $40,162,000 after purchasing an additional 245,639 shares in the last quarter. Finally, Perella Weinberg Partners Capital Management LP purchased a new position in DIGITAL RLTY TR/SH during the first quarter worth approximately $3,717,000. Institutional investors own 99.17% of the company’s stock.

In other DIGITAL RLTY TR/SH news, Director Kevin Kennedy sold 300 shares of the firm’s stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $125.00, for a total transaction of $37,500.00. Following the completion of the sale, the director now owns 300 shares of the company’s stock, valued at $37,500. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Edward F. Sham sold 11,400 shares of DIGITAL RLTY TR/SH stock in a transaction on Monday, June 17th. The shares were sold at an average price of $122.00, for a total value of $1,390,800.00. Following the completion of the sale, the insider now directly owns 15,738 shares of the company’s stock, valued at $1,920,036. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,100 shares of company stock valued at $1,475,200. 0.49% of the stock is owned by insiders.

DIGITAL RLTY TR/SH stock traded down $1.18 during trading on Monday, reaching $116.03. 10,018 shares of the company were exchanged, compared to its average volume of 1,037,510. DIGITAL RLTY TR/SH has a 52-week low of $100.05 and a 52-week high of $125.19. The firm has a market capitalization of $24.41 billion, a P/E ratio of 17.63, a P/E/G ratio of 2.54 and a beta of 0.43. The company has a quick ratio of 0.05, a current ratio of 0.36 and a debt-to-equity ratio of 1.16. The firm’s 50 day moving average price is $118.95.

DIGITAL RLTY TR/SH (NYSE:DLR) last announced its quarterly earnings data on Tuesday, July 30th. The real estate investment trust reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $1.63 by ($1.48). DIGITAL RLTY TR/SH had a return on equity of 3.01% and a net margin of 10.00%. The company had revenue of $801.00 million for the quarter, compared to analysts’ expectations of $807.48 million. During the same quarter in the previous year, the business posted $1.66 EPS. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. Equities research analysts predict that DIGITAL RLTY TR/SH will post 6.64 earnings per share for the current year.

A number of equities analysts have issued reports on DLR shares. Jefferies Financial Group downgraded DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating and lowered their price target for the stock from $144.00 to $125.00 in a research report on Tuesday, April 23rd. TheStreet upgraded DIGITAL RLTY TR/SH from a “c+” rating to a “b” rating in a research report on Thursday, April 25th. Argus started coverage on DIGITAL RLTY TR/SH in a research report on Wednesday, July 3rd. They issued a “buy” rating and a $140.00 target price on the stock. Stifel Nicolaus set a $130.00 target price on DIGITAL RLTY TR/SH and gave the company a “buy” rating in a research report on Friday, April 26th. Finally, Cowen set a $125.00 target price on DIGITAL RLTY TR/SH and gave the company a “hold” rating in a research report on Wednesday, July 31st. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. DIGITAL RLTY TR/SH has an average rating of “Buy” and an average price target of $126.46.

About DIGITAL RLTY TR/SH

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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