November 28, 2016 - By Clifton Ray · 0 Comments
Digital Realty Trust Inc (NYSE:DLR) institutional sentiment decreased to 1.15 in 2016 Q2. Its down -0.34, from 1.49 in 2016Q1. The ratio dived, as 255 funds opened new and increased positions, while 171 decreased and sold their holdings in Digital Realty Trust Inc. The funds in our partner’s database now have: 164.77 million shares, up from 150.84 million shares in 2016Q1. Also, the number of funds holding Digital Realty Trust Inc in their top 10 positions increased from 9 to 15 for an increase of 6. Sold All: 37 Reduced: 134 Increased: 164 New Position: 91.
Digital Realty Trust, Inc. is a real estate investment trust . The company has a market cap of $14.75 billion. The Firm owns, acquires, develops and manages technology-related real estate. It has a 63.86 P/E ratio. The Firm is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.
About 525,182 shares traded hands. Digital Realty Trust, Inc. (NYSE:DLR) has risen 4.05% since April 25, 2016 and is uptrending. It has underperformed by 1.96% the S&P500.
Analysts await Digital Realty Trust, Inc. (NYSE:DLR) to report earnings on February, 23. They expect $1.43 earnings per share, up 3.62% or $0.05 from last year’s $1.38 per share. DLR’s profit will be $230.39 million for 16.01 P/E if the $1.43 EPS becomes a reality. After $1.44 actual earnings per share reported by Digital Realty Trust, Inc. for the previous quarter, Wall Street now forecasts -0.69% negative EPS growth.
According to Zacks Investment Research, “Digital Realty Trust owns, acquires, repositions and manages technology-related real estate. The Company’s properties contain applications and operations critical to the day-to-day operations of technology industry tenants.”
Green Street Investors Llc holds 6.9% of its portfolio in Digital Realty Trust, Inc. for 77,600 shares. Pacific Heights Asset Management Llc owns 450,000 shares or 4.47% of their US portfolio. Moreover, Presima Inc. has 3.65% invested in the company for 212,500 shares. The Pennsylvania-based Cbre Clarion Securities Llc has invested 3.19% in the stock. Apg Asset Management Us Inc., a New York-based fund reported 3.70 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 2 selling transactions for $1.78 million net activity.
Ratings analysis reveals 50% of Digital Realty Trust’s analysts are positive. Out of 16 Wall Street analysts rating Digital Realty Trust, 8 give it “Buy”, 1 “Sell” rating, while 7 recommend “Hold”. The lowest target is $67 while the high is $126. The stock’s average target of $96.50 is 5.41% above today’s ($91.55) share price. DLR was included in 33 notes of analysts from July 31, 2015. The stock of Digital Realty Trust, Inc. (NYSE:DLR) earned “Underweight” rating by BB&T Capital on Thursday, November 12. The rating was maintained by Deutsche Bank with “Buy” on Friday, July 29. Deutsche Bank maintained Digital Realty Trust, Inc. (NYSE:DLR) rating on Monday, July 18. Deutsche Bank has “Buy” rating and $114 price target. On Monday, December 14 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. As per Wednesday, June 1, the company rating was initiated by Wells Fargo. The rating was maintained by Barclays Capital on Monday, November 9 with “Overweight”. On Thursday, August 11 the stock rating was maintained by Jefferies with “Hold”. Stifel Nicolaus maintained Digital Realty Trust, Inc. (NYSE:DLR) on Tuesday, December 22 with “Buy” rating. As per Monday, March 21, the company rating was downgraded by Stifel Nicolaus. The stock of Digital Realty Trust, Inc. (NYSE:DLR) earned “Market Perform” rating by Raymond James on Monday, November 2.
Digital Realty Trust, Inc., incorporated on March 9, 2004, is a real estate investment trust (REIT). The Firm owns, acquires, develops and manages technology-related real estate. The Firm is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals, ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products. The Company’s portfolio consists of approximately 140 operating properties, including over eight Telx properties (of which approximately two properties are owned and over six properties are leased from third parties) and over 10 properties held as investments in unconsolidated joint ventures. The Company’s approximately 110 properties are located throughout North America, over 20 are located in Europe, approximately three are located in Australia and over three are located in Asia. The Firm owns over 98.1% common general partnership interest in Digital Realty Trust, L.P.
More important recent Digital Realty Trust, Inc. (NYSE:DLR) news were published by: Forbes.com which released: “Digital Realty Trust (DLR) Shares Cross 4% Yield Mark” on November 10, 2016, also Forbes.com published article titled: “Why Digital Realty Trust is a Top Socially Responsible Dividend Stock (DLR)”, Fool.com published: “How Risky Is Digital Realty Trust Stock?” on May 02, 2016. More interesting news about Digital Realty Trust, Inc. (NYSE:DLR) was released by: Forbes.com and their article: “Digital Realty Trust Stock Sees Short Interest Make 11.6% Move” with publication date: June 27, 2016.
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By Clifton Ray