AlphaMark Advisors LLC Cuts Holdings in DIGITAL RLTY TR/SH (DLR)

AlphaMark Advisors LLC lowered its stake in DIGITAL RLTY TR/SH (NYSE:DLR) by 10.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,303 shares of the real estate investment trust’s stock after selling 810 shares during the quarter. AlphaMark Advisors LLC’s holdings in DIGITAL RLTY TR/SH were worth $821,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Gulf International Bank UK Ltd lifted its stake in DIGITAL RLTY TR/SH by 13.7% in the third quarter. Gulf International Bank UK Ltd now owns 72,880 shares of the real estate investment trust’s stock valued at $8,197,000 after buying an additional 8,800 shares in the last quarter. Virginia Retirement Systems ET AL lifted its stake in DIGITAL RLTY TR/SH by 9.4% in the third quarter. Virginia Retirement Systems ET AL now owns 136,717 shares of the real estate investment trust’s stock valued at $15,378,000 after buying an additional 11,700 shares in the last quarter. American Century Companies Inc. lifted its stake in DIGITAL RLTY TR/SH by 86.1% in the third quarter. American Century Companies Inc. now owns 541,222 shares of the real estate investment trust’s stock valued at $60,877,000 after buying an additional 250,397 shares in the last quarter. Canandaigua National Bank & Trust Co. lifted its stake in DIGITAL RLTY TR/SH by 4.7% in the third quarter. Canandaigua National Bank & Trust Co. now owns 14,007 shares of the real estate investment trust’s stock valued at $1,576,000 after buying an additional 627 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in DIGITAL RLTY TR/SH by 2.3% in the third quarter. Wells Fargo & Company MN now owns 568,907 shares of the real estate investment trust’s stock valued at $63,990,000 after buying an additional 12,821 shares in the last quarter. 98.28% of the stock is currently owned by hedge funds and other institutional investors.

DLR has been the topic of a number of research reports. Zacks Investment Research raised shares of DIGITAL RLTY TR/SH from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a research note on Monday, July 16th. Royal Bank of Canada reissued a “buy” rating and issued a $131.00 price objective on shares of DIGITAL RLTY TR/SH in a research report on Monday, August 13th. Guggenheim reissued a “hold” rating and issued a $125.00 price objective on shares of DIGITAL RLTY TR/SH in a research report on Friday, July 20th. Citigroup dropped their price target on shares of DIGITAL RLTY TR/SH from $131.00 to $126.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Berenberg Bank assumed coverage on shares of DIGITAL RLTY TR/SH in a research report on Thursday, September 20th. They set a “hold” rating and a $127.00 price target on the stock. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $126.06.

NYSE:DLR opened at $111.20 on Wednesday. DIGITAL RLTY TR/SH has a one year low of $96.56 and a one year high of $125.10. The firm has a market capitalization of $22.17 billion, a price-to-earnings ratio of 18.11, a P/E/G ratio of 2.36 and a beta of 0.41. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.30 and a current ratio of 0.34.

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 the Thomson Reuters’ consensus estimate 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 company had revenue of $768.92 million during the quarter, compared to analyst estimates of $773.08 million. On average, analysts predict that DIGITAL RLTY TR/SH will post 6.6 earnings per share for the current fiscal year.

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

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