Digital Realty Trust (DLR) : Riskx Investments added new position in Digital Realty Trust during the most recent quarter end. The investment management firm now holds 7,393 shares of Digital Realty Trust which is valued at $754,604 , the company said in a statement filed on Aug 1, 2016 with the SEC.Digital Realty Trust makes up approximately 0.64% of Riskx Investments’s portfolio.
Other Hedge Funds, Including , Bank Of Hawaii boosted its stake in DLR in the latest quarter, The investment management firm added 7,230 additional shares and now holds a total of 11,230 shares of Digital Realty Trust which is valued at $1,146,246. Digital Realty Trust makes up approx 0.12% of Bank Of Hawaii’s portfolio.Pggm Investments boosted its stake in DLR in the latest quarter, The investment management firm added 139,475 additional shares and now holds a total of 1,366,086 shares of Digital Realty Trust which is valued at $143,971,804. Digital Realty Trust makes up approx 0.72% of Pggm Investments’s portfolio. First Financial Bank N.a. – Trust Division added DLR to its portfolio by purchasing 2,150 company shares during the most recent quarter which is valued at $239,145. Digital Realty Trust makes up approx 0.05% of First Financial Bank N.a. – Trust Division’s portfolio.
Digital Realty Trust opened for trading at $102.58 and hit $103.32 on the upside on Thursday, eventually ending the session at $103.07, with a gain of 0.98% or 1 points. The heightened volatility saw the trading volume jump to 15,06,077 shares. Company has a market cap of $15,133 M.
On the company’s financial health, Digital Realty Trust reported $1.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.39. The company had revenue of $514.90 million for the quarter, compared to analysts expectations of $513.47 million. The company’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.30 EPS.
Many Wall Street Analysts have commented on Digital Realty Trust. Company shares were Reiterated by RBC Capital Mkts on Aug 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 120 from a previous price target of $105 .Digital Realty Trust was Downgraded by Jefferies to ” Hold” on Jul 19, 2016. Digital Realty Trust was Initiated by Wells Fargo to “Outperform” on Jun 1, 2016.
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.