Chatham Capital Group Inc. cut its stake in shares of DIGITAL RLTY TR/SH (NYSE:DLR) by 1.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,214 shares of the real estate investment trust’s stock after selling 595 shares during the period. DIGITAL RLTY TR/SH makes up approximately 1.0% of Chatham Capital Group Inc.’s investment portfolio, making the stock its 28th largest holding. Chatham Capital Group Inc.’s holdings in DIGITAL RLTY TR/SH were worth $3,952,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Pacer Advisors Inc. boosted its stake in DIGITAL RLTY TR/SH by 1,022.6% during the 1st quarter. Pacer Advisors Inc. now owns 27,987 shares of the real estate investment trust’s stock valued at $3,331,000 after purchasing an additional 25,494 shares during the last quarter. Resources Management Corp CT ADV lifted its position in shares of DIGITAL RLTY TR/SH by 7.2% during the 4th quarter. Resources Management Corp CT ADV now owns 9,583 shares of the real estate investment trust’s stock worth $1,021,000 after buying an additional 640 shares in the last quarter. Spectrum Management Group Inc. lifted its position in shares of DIGITAL RLTY TR/SH by 8.6% during the 1st quarter. Spectrum Management Group Inc. now owns 18,980 shares of the real estate investment trust’s stock worth $2,259,000 after buying an additional 1,500 shares in the last quarter. First Trust Advisors LP lifted its position in shares of DIGITAL RLTY TR/SH by 5.1% during the 4th quarter. First Trust Advisors LP now owns 41,616 shares of the real estate investment trust’s stock worth $4,434,000 after buying an additional 2,030 shares in the last quarter. Finally, Ferguson Wellman Capital Management Inc. lifted its position in shares of DIGITAL RLTY TR/SH by 267.4% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 337,496 shares of the real estate investment trust’s stock worth $40,162,000 after buying an additional 245,639 shares in the last quarter. 99.17% of the stock is owned by institutional investors and hedge funds.
In related news, insider Edward F. Sham sold 17,233 shares of the firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $119.65, for a total transaction of $2,061,928.45. Following the completion of the transaction, the insider now directly owns 21,571 shares of the company’s stock, valued at $2,580,970.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kevin Kennedy sold 400 shares of the firm’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $117.25, for a total transaction of $46,900.00. Following the transaction, the director now directly owns 400 shares of the company’s stock, valued at $46,900. The disclosure for this sale can be found here. In the last quarter, insiders have sold 27,633 shares of company stock worth $3,300,928. Corporate insiders own 0.49% of the company’s stock.
Shares of NYSE:DLR traded up $0.81 during trading on Friday, reaching $119.76. 756,054 shares of the stock traded hands, compared to its average volume of 1,298,714. DIGITAL RLTY TR/SH has a 52-week low of $100.05 and a 52-week high of $125.10. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.18. The stock has a market cap of $24.73 billion, a price-to-earnings ratio of 18.15, a PEG ratio of 2.58 and a beta of 0.43.
DIGITAL RLTY TR/SH (NYSE:DLR) last posted its quarterly earnings results on Thursday, April 25th. The real estate investment trust reported $1.73 EPS for the quarter, beating the Zacks’ consensus estimate of $1.65 by $0.08. DIGITAL RLTY TR/SH had a net margin of 10.95% and a return on equity of 3.27%. The firm had revenue of $814.50 million for the quarter, compared to analysts’ expectations of $800.13 million. During the same quarter in the prior year, the company posted $1.63 earnings per share. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. As a group, sell-side analysts anticipate that DIGITAL RLTY TR/SH will post 6.67 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend is Thursday, June 13th. DIGITAL RLTY TR/SH’s payout ratio is 65.45%.
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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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