Daiwa Securities Group Inc. Sells 1,314,336 Shares of DIGITAL RLTY TR/SH (DLR)

Daiwa Securities Group Inc. lessened its stake in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 23.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,201,547 shares of the real estate investment trust’s stock after selling 1,314,336 shares during the period. DIGITAL RLTY TR/SH comprises about 4.0% of Daiwa Securities Group Inc.’s holdings, making the stock its 3rd biggest position. Daiwa Securities Group Inc. owned about 2.04% of DIGITAL RLTY TR/SH worth $472,590,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its position in DIGITAL RLTY TR/SH by 2.7% during the first quarter. Principal Financial Group Inc. now owns 1,698,267 shares of the real estate investment trust’s stock worth $178,964,000 after purchasing an additional 44,436 shares during the period. DnB Asset Management AS boosted its position in DIGITAL RLTY TR/SH by 4.6% during the second quarter. DnB Asset Management AS now owns 22,721 shares of the real estate investment trust’s stock worth $2,535,000 after purchasing an additional 1,000 shares during the period. IFM Investors Pty Ltd boosted its position in DIGITAL RLTY TR/SH by 48.4% during the second quarter. IFM Investors Pty Ltd now owns 9,442 shares of the real estate investment trust’s stock worth $1,054,000 after purchasing an additional 3,081 shares during the period. Trust Co. of Vermont boosted its position in DIGITAL RLTY TR/SH by 9.6% during the second quarter. Trust Co. of Vermont now owns 8,290 shares of the real estate investment trust’s stock worth $925,000 after purchasing an additional 723 shares during the period. Finally, Xact Kapitalforvaltning AB boosted its position in DIGITAL RLTY TR/SH by 20.6% during the second quarter. Xact Kapitalforvaltning AB now owns 72,441 shares of the real estate investment trust’s stock worth $8,083,000 after purchasing an additional 12,375 shares during the period. Institutional investors and hedge funds own 98.36% of the company’s stock.

DLR stock opened at $107.53 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.34 and a quick ratio of 0.30. DIGITAL RLTY TR/SH has a 12 month low of $96.56 and a 12 month high of $125.10. The company has a market capitalization of $22.17 billion, a PE ratio of 17.51, a PEG ratio of 2.36 and a beta of 0.41.

DIGITAL RLTY TR/SH (NYSE:DLR) last released its quarterly earnings data on Thursday, October 25th. The real estate investment trust reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $1.62 by ($1.29). DIGITAL RLTY TR/SH had a net margin of 11.78% and a return on equity of 3.96%. The firm had revenue of $768.92 million during the quarter, compared to the consensus estimate of $773.08 million. Equities research analysts predict that DIGITAL RLTY TR/SH will post 6.6 EPS for the current year.

DLR has been the subject of a number of research reports. Zacks Investment Research upgraded shares of DIGITAL RLTY TR/SH from a “hold” rating to a “buy” rating and set a $136.00 target price for the company in a research report on Tuesday, July 31st. Wells Fargo & Co reiterated a “buy” rating on shares of DIGITAL RLTY TR/SH in a research report on Friday, July 27th. Stifel Nicolaus increased their target price on shares of DIGITAL RLTY TR/SH from $128.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, July 27th. Citigroup increased their target price on shares of DIGITAL RLTY TR/SH from $119.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday, July 30th. They noted that the move was a valuation call. Finally, Royal Bank of Canada reiterated a “buy” rating and set a $131.00 target price on shares of DIGITAL RLTY TR/SH in a research report on Monday, August 13th. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $126.81.

DIGITAL RLTY TR/SH Profile

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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Institutional Ownership by Quarter for DIGITAL RLTY TR/SH (NYSE:DLR)

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