Simplex Trading buys $447,380 stake in Digital Realty Trust (DLR)

Digital Realty Trust (DLR) : Simplex Trading scooped up 3,004 additional shares in Digital Realty Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 4,883 shares of Digital Realty Trust which is valued at $447,380.Digital Realty Trust makes up approximately 0.06% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , Advisory Services Network boosted its stake in DLR in the latest quarter, The investment management firm added 76 additional shares and now holds a total of 362 shares of Digital Realty Trust which is valued at $33,166. Digital Realty Trust makes up approx 0.01% of Advisory Services Network’s portfolio.Chevy Chase Trust Holdings reduced its stake in DLR by selling 2,872 shares or 2.29% in the most recent quarter. The Hedge Fund company now holds 122,551 shares of DLR which is valued at $11,131,307. Digital Realty Trust makes up approx 0.06% of Chevy Chase Trust Holdings’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in DLR by selling 14,727 shares or 37.91% in the most recent quarter. The Hedge Fund company now holds 24,116 shares of DLR which is valued at $2,190,456. Digital Realty Trust makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.Eqis Capital Management reduced its stake in DLR by selling 2,681 shares or 50.78% in the most recent quarter. The Hedge Fund company now holds 2,599 shares of DLR which is valued at $236,067. Digital Realty Trust makes up approx 0.01% of Eqis Capital Management’s portfolio.

Digital Realty Trust opened for trading at $91.44 and hit $93.77 on the upside on Friday, eventually ending the session at $91.62, with a gain of 0.69% or 0.63 points. The heightened volatility saw the trading volume jump to 12,93,608 shares. Company has a market cap of $13,456 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 Barclays on Aug 12, 2016 to “Overweight”, Firm has raised the Price Target to $ 126 from a previous price target of $118 .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 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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