The stock of Digital Realty Trust, Inc. (NYSE:DLR) is a huge mover today! About 951,164 shares traded hands. Digital Realty Trust, Inc. (NYSE:DLR) has risen 2.24% since April 5, 2016 and is uptrending. It has outperformed by 0.28% the S&P500.
The move comes after 6 months positive chart setup for the $15.47 billion company. It was reported on Nov, 8 by Barchart.com. We have $115.61 PT which if reached, will make NYSE:DLR worth $3.40 billion more.
Digital Realty Trust, Inc. (NYSE:DLR) Ratings Coverage
Out of 15 analysts covering Digital Realty Trust (NYSE:DLR), 7 rate it a “Buy”, 1 “Sell”, while 7 “Hold”. This means 47% are positive. Digital Realty Trust has been the topic of 32 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating by Barclays Capital given on Friday, August 12. The company was downgraded on Monday, March 21 by Stifel Nicolaus. The company was initiated on Monday, October 19 by Barclays Capital. The firm has “Market Perform” rating given on Monday, November 2 by Raymond James. On Tuesday, October 20 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “” rating given on Thursday, September 3 by Macquarie Research. The stock has “Neutral” rating given by JP Morgan on Tuesday, December 22. As per Friday, April 29, the company rating was maintained by Canaccord Genuity. The company was downgraded on Tuesday, July 19 by Jefferies. The firm has “Overweight” rating given on Tuesday, April 5 by KeyBanc Capital Markets.
According to Zacks Investment Research, “Digital Realty Trust owns, acquires, repositions and manages technology-related real estate. The Company’s properties contain applications and operations critical to the day-to-day operations of technology industry tenants.”
Insitutional Activity: The institutional sentiment increased to 1.49 in Q2 2016. Its up 0.40, from 1.09 in 2016Q1. The ratio increased, as 37 funds sold all Digital Realty Trust, Inc. shares owned while 134 reduced positions. 91 funds bought stakes while 164 increased positions. They now own 164.77 million shares or 9.23% more from 150.84 million shares in 2016Q1.
Lazard Asset Ltd Co last reported 0% of its portfolio in the stock. The Florida-based State Board Of Administration Of Florida Retirement Systems has invested 0.08% in Digital Realty Trust, Inc. (NYSE:DLR). Ladenburg Thalmann accumulated 19,261 shares or 0.03% of the stock. Fred Alger Mngmt, a New York-based fund reported 31,181 shares. Korea Invest Corporation, a Korea-based fund reported 28,300 shares. Moreover, Johnson Counsel Inc has 0.01% invested in Digital Realty Trust, Inc. (NYSE:DLR) for 2,500 shares. Aperio Gru Ltd holds 0.05% of its portfolio in Digital Realty Trust, Inc. (NYSE:DLR) for 53,785 shares. Alpine Woods Capital Investors Lc has invested 1.19% of its portfolio in Digital Realty Trust, Inc. (NYSE:DLR). Umb Savings Bank N A Mo last reported 0.07% of its portfolio in the stock. Investec Asset holds 0.13% or 233,400 shares in its portfolio. Dimensional Fund L P has 0.12% invested in the company for 1.97 million shares. Beech Hill Advsrs Inc accumulated 22,490 shares or 1.66% of the stock. Nomura Asset Mgmt Commerce Ltd accumulated 116,551 shares or 0.24% of the stock. The New York-based Teachers has invested 0.07% in Digital Realty Trust, Inc. (NYSE:DLR). Raymond James Na holds 4,256 shares or 0.04% of its portfolio.
Insider Transactions: Since September 14, 2016, the stock had 0 buys, and 2 sales for $1.78 million net activity. SHAM EDWARD F sold $1.36M worth of stock or 14,701 shares. Mills Joshua A. sold 4,519 shares worth $416,742.
More important recent Digital Realty Trust, Inc. (NYSE:DLR) news were published by: Prnewswire.com which released: “Digital Realty Names Daniel Papes Senior Vice President Of Global Sales And …” on October 27, 2016, also Prnewswire.com published article titled: “Digital Realty Reports Third Quarter 2016 Results”, Forbes.com published: “Oversold Conditions For Digital Realty Trust (DLR)” on September 13, 2016. More interesting news about Digital Realty Trust, Inc. (NYSE:DLR) was released by: Fool.com and their article: “How Risky Is Digital Realty Trust Stock?” with publication date: May 02, 2016.
DLR Company Profile
Digital Realty Trust, Inc., incorporated on March 9, 2004, is a real estate investment trust (REIT). The Firm owns, acquires, develops and manages technology-related real estate. The Firm is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals, ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products. The Company’s portfolio consists of approximately 140 operating properties, including over eight Telx properties (of which approximately two properties are owned and over six properties are leased from third parties) and over 10 properties held as investments in unconsolidated joint ventures. The Company’s approximately 110 properties are located throughout North America, over 20 are located in Europe, approximately three are located in Australia and over three are located in Asia. The Firm owns over 98.1% common general partnership interest in Digital Realty Trust, L.P.
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