DIGITAL RLTY TR/SH (NYSE:DLR) Shares Sold by Tealwood Asset Management Inc.

Tealwood Asset Management Inc. reduced its stake in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 0.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,834 shares of the real estate investment trust’s stock after selling 159 shares during the period. DIGITAL RLTY TR/SH makes up approximately 1.5% of Tealwood Asset Management Inc.’s investment portfolio, making the stock its 10th biggest holding. Tealwood Asset Management Inc.’s holdings in DIGITAL RLTY TR/SH were worth $3,750,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of DLR. Winslow Evans & Crocker Inc. raised its position in shares of DIGITAL RLTY TR/SH by 14.5% in the first quarter. Winslow Evans & Crocker Inc. now owns 696 shares of the real estate investment trust’s stock worth $86,000 after acquiring an additional 88 shares during the period. Moloney Securities Asset Management LLC raised its position in shares of DIGITAL RLTY TR/SH by 0.9% in the second quarter. Moloney Securities Asset Management LLC now owns 10,183 shares of the real estate investment trust’s stock worth $1,199,000 after acquiring an additional 93 shares during the period. Boston Private Wealth LLC raised its position in shares of DIGITAL RLTY TR/SH by 2.2% in the second quarter. Boston Private Wealth LLC now owns 4,646 shares of the real estate investment trust’s stock worth $547,000 after acquiring an additional 98 shares during the period. Forsta AP Fonden raised its position in shares of DIGITAL RLTY TR/SH by 0.3% in the first quarter. Forsta AP Fonden now owns 33,110 shares of the real estate investment trust’s stock worth $3,940,000 after acquiring an additional 100 shares during the period. Finally, Signaturefd LLC raised its position in shares of DIGITAL RLTY TR/SH by 21.4% in the second quarter. Signaturefd LLC now owns 596 shares of the real estate investment trust’s stock worth $70,000 after acquiring an additional 105 shares during the period. Institutional investors own 99.23% of the company’s stock.

In related news, Director Kevin Kennedy sold 300 shares of the company’s stock in a transaction dated Thursday, June 20th. The shares were 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 approximately $37,500. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Edward F. Sham sold 11,400 shares of the company’s stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $122.00, for a total transaction of $1,390,800.00. Following the sale, the insider now directly owns 15,738 shares of the company’s stock, valued at approximately $1,920,036. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,400 shares of company stock valued at $1,513,104. 0.49% of the stock is owned by corporate insiders.

A number of research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of DIGITAL RLTY TR/SH from a “sell” rating to a “hold” rating and set a $125.00 price objective for the company in a research report on Friday, June 28th. TheStreet upgraded shares of DIGITAL RLTY TR/SH from a “c+” rating to a “b” rating in a research report on Thursday, April 25th. Argus assumed coverage on shares of DIGITAL RLTY TR/SH in a research report on Wednesday, July 3rd. They issued a “buy” rating and a $140.00 price objective for the company. ValuEngine downgraded shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a research report on Thursday, June 27th. Finally, Cowen set a $125.00 price objective on shares of DIGITAL RLTY TR/SH and gave the stock a “hold” rating in a research report on Wednesday, July 31st. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $126.92.

Shares of DLR stock traded down $0.13 on Thursday, reaching $123.16. 19,094 shares of the company were exchanged, compared to its average volume of 1,153,598. The company has a market cap of $25.69 billion, a price-to-earnings ratio of 18.64, a P/E/G ratio of 2.70 and a beta of 0.43. The business has a 50-day moving average price of $118.82 and a 200 day moving average price of $117.87. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.36 and a current ratio of 0.36. 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 released its 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). The company had revenue of $801.00 million for the quarter, compared to analysts’ expectations of $807.48 million. DIGITAL RLTY TR/SH had a return on equity of 3.01% and a net margin of 10.00%. The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.66 EPS. As a group, equities analysts anticipate that DIGITAL RLTY TR/SH will post 6.64 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be paid a dividend of $1.08 per share. The ex-dividend date is Thursday, September 12th. This represents a $4.32 annualized dividend and a yield of 3.51%. DIGITAL RLTY TR/SH’s dividend payout ratio is presently 65.45%.

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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