Digital Realty Trust (DLR) : Dynamic Advisors Solutions reduced its stake in Digital Realty Trust by 20.5% during the most recent quarter end. The investment management company now holds a total of 44,559 shares of Digital Realty Trust which is valued at $4,107,449 after selling 11,490 shares in Digital Realty Trust , the firm said in a disclosure report filed with the SEC on May 2, 2016.Digital Realty Trust makes up approximately 1.75% of Dynamic Advisors Solutions’s portfolio.
Digital Realty Trust opened for trading at $91.2 and hit $92.63 on the upside on Friday, eventually ending the session at $92.18, with a gain of 0.80% or 0.73 points. The heightened volatility saw the trading volume jump to 10,76,389 shares. Company has a market cap of $13,532 M.
Other Hedge Funds, Including , Ifp Advisors Inc boosted its stake in DLR in the latest quarter, The investment management firm added 2,273 additional shares and now holds a total of 6,732 shares of Digital Realty Trust which is valued at $620,556. Digital Realty Trust makes up approx 0.04% of Ifp Advisors Inc’s portfolio. Nisa Investment Advisors L.l.c. sold out all of its stake in DLR during the most recent quarter. The investment firm sold 5,000 shares of DLR which is valued $439,900. Cedar Wealth Management added DLR to its portfolio by purchasing 300 company shares during the most recent quarter which is valued at $26,394. Digital Realty Trust makes up approx 0.02% of Cedar Wealth Management’s portfolio.Whittier Trust Co boosted its stake in DLR in the latest quarter, The investment management firm added 295 additional shares and now holds a total of 6,745 shares of Digital Realty Trust which is valued at $593,425. Digital Realty Trust makes up approx 0.03% of Whittier Trust Co’s portfolio.Integrated Wealth Management reduced its stake in DLR by selling 35 shares or 10.09% in the most recent quarter. The Hedge Fund company now holds 312 shares of DLR which is valued at $26,885. Digital Realty Trust makes up approx 0.01% of Integrated Wealth Management’s portfolio.
On the company’s financial health, Digital Realty Trust reported $1.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $1.35. The company had revenue of $504.19 million for the quarter, compared to analysts expectations of $518.03 million. The company’s revenue was up 24.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.27 EPS.
Many Wall Street Analysts have commented on Digital Realty Trust. Company shares were Reiterated by Canaccord Genuity on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 102 from a previous price target of $79 .Digital Realty Trust was Downgraded by Stifel to ” Hold” on Mar 21, 2016. Company shares were Reiterated by Stifel on Feb 29, 2016 to “Buy”, Firm has raised the Price Target to $ 87 from a previous price target of $84 .
Digital Realty Trust Inc. is a real estate investment trust (REIT) that owns acquires develops and manages technology-related real estate. The Companys services include implementation services remote hands services data center infrastructure management (DCIM) client services and digital realty partner network. The Company is a sole general partner of Digital Realty Trust L.P. As of December 31 2014 Digital Realty Trust Inc. owned 97.8% common general partnership interest in Digital Realty Trust L.P. The remaining 2.2% common limited partnership interests are owned by non-affiliated investors and certain directors and officers of Digital Realty Trust Inc. The Company focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users including the information technology (IT) departments of Fortune 100 and financial services companies.