Green Street Investors buys $6,660,086 stake in Digital Realty Trust (DLR)

Digital Realty Trust (DLR) : Green Street Investors scooped up 1,100 additional shares in Digital Realty Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 75,700 shares of Digital Realty Trust which is valued at $6,660,086.Digital Realty Trust makes up approximately 5.98% of Green Street Investors’s portfolio.

Digital Realty Trust opened for trading at $88.38 and hit $89.6 on the upside on Monday, eventually ending the session at $89.49, with a gain of 1.72% or 1.51 points. The heightened volatility saw the trading volume jump to 9,74,989 shares. Company has a market cap of $13,137 M.

Other Hedge Funds, Including , Cordasco Financial Network reduced its stake in DLR by selling 10,310 shares or 52.83% in the most recent quarter. The Hedge Fund company now holds 9,205 shares of DLR which is valued at $809,856. Digital Realty Trust makes up approx 0.90% of Cordasco Financial Network’s portfolio.Forte Capital Adv reduced its stake in DLR by selling 75 shares or 1.22% in the most recent quarter. The Hedge Fund company now holds 6,075 shares of DLR which is valued at $523,483. Digital Realty Trust makes up approx 0.23% of Forte Capital Adv’s portfolio.Strs Ohio boosted its stake in DLR in the latest quarter, The investment management firm added 10,743 additional shares and now holds a total of 257,580 shares of Digital Realty Trust which is valued at $22,195,669. Digital Realty Trust makes up approx 1.33% of Strs Ohio’s portfolio.Raymond James Trust N.a. reduced its stake in DLR by selling 634 shares or 11.76% in the most recent quarter. The Hedge Fund company now holds 4,755 shares of DLR which is valued at $409,738. Digital Realty Trust makes up approx 0.04% of Raymond James Trust N.a.’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 Company’s 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.

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