HNP Capital LLC grew its holdings in DIGITAL RLTY TR/SH (NYSE:DLR) by 12.7% during the first quarter, Holdings Channel reports. The firm owned 3,092 shares of the real estate investment trust’s stock after acquiring an additional 349 shares during the quarter. HNP Capital LLC’s holdings in DIGITAL RLTY TR/SH were worth $368,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of DLR. Bessemer Group Inc. increased its holdings in DIGITAL RLTY TR/SH by 72.6% during the fourth quarter. Bessemer Group Inc. now owns 233 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 98 shares during the last quarter. Ruggie Capital Group acquired a new position in DIGITAL RLTY TR/SH during the fourth quarter worth $28,000. Parkside Financial Bank & Trust increased its holdings in DIGITAL RLTY TR/SH by 223.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 382 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 264 shares during the last quarter. We Are One Seven LLC acquired a new position in DIGITAL RLTY TR/SH during the fourth quarter worth $42,000. Finally, Bremer Trust National Association acquired a new position in DIGITAL RLTY TR/SH during the fourth quarter worth $51,000. Institutional investors own 99.17% of the company’s stock.
A number of equities analysts recently weighed in on DLR shares. TheStreet downgraded shares of DIGITAL RLTY TR/SH from a “b-” rating to a “c+” rating in a report on Wednesday, February 6th. ValuEngine downgraded shares of DIGITAL RLTY TR/SH from a “buy” rating to a “hold” rating in a report on Tuesday, April 9th. Barclays reduced their price objective on shares of DIGITAL RLTY TR/SH from $132.00 to $131.00 and set an “overweight” rating for the company in a research report on Thursday, January 3rd. BMO Capital Markets reaffirmed a “hold” rating and set a $115.00 price objective on shares of DIGITAL RLTY TR/SH in a research report on Wednesday, February 6th. Finally, Raymond James cut shares of DIGITAL RLTY TR/SH from an “outperform” rating to a “market perform” rating and set a $120.00 price objective for the company. in a research report on Monday, March 25th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $126.64.
DLR stock traded up $1.71 during midday trading on Wednesday, reaching $119.01. 34,031 shares of the company were exchanged, compared to its average volume of 1,359,859. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.21 and a quick ratio of 0.21. DIGITAL RLTY TR/SH has a one year low of $100.05 and a one year high of $125.10. The stock has a market cap of $24.94 billion, a price-to-earnings ratio of 18.08, a price-to-earnings-growth ratio of 2.54 and a beta of 0.48.
DIGITAL RLTY TR/SH (NYSE:DLR) last released its quarterly earnings data on Tuesday, February 5th. The real estate investment trust reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $1.67 by ($1.52). DIGITAL RLTY TR/SH had a return on equity of 3.58% and a net margin of 10.87%. The company had revenue of $778.30 million for the quarter, compared to the consensus estimate of $789.59 million. During the same period last year, the firm earned $0.26 earnings per share. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. Research analysts anticipate that DIGITAL RLTY TR/SH will post 6.68 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date was Thursday, March 14th. This is a boost from DIGITAL RLTY TR/SH’s previous quarterly dividend of $1.01. DIGITAL RLTY TR/SH’s payout ratio is presently 65.45%.
About DIGITAL RLTY TR/SH
Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products.
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