Marshall Wace North America L.P. Invests $14.74 Million in DIGITAL RLTY TR/SH (DLR)

Marshall Wace North America L.P. purchased a new stake in shares of DIGITAL RLTY TR/SH (NYSE:DLR) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 131,084 shares of the real estate investment trust’s stock, valued at approximately $14,744,000. Marshall Wace North America L.P. owned approximately 0.06% of DIGITAL RLTY TR/SH as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Centaurus Financial Inc. bought a new stake in shares of DIGITAL RLTY TR/SH during the second quarter valued at approximately $103,000. Winslow Evans & Crocker Inc. boosted its position in shares of DIGITAL RLTY TR/SH by 105.5% during the third quarter. Winslow Evans & Crocker Inc. now owns 1,118 shares of the real estate investment trust’s stock valued at $128,000 after purchasing an additional 574 shares in the last quarter. Qube Research & Technologies Ltd boosted its position in shares of DIGITAL RLTY TR/SH by 378.1% during the second quarter. Qube Research & Technologies Ltd now owns 1,200 shares of the real estate investment trust’s stock valued at $134,000 after purchasing an additional 949 shares in the last quarter. NEXT Financial Group Inc bought a new stake in shares of DIGITAL RLTY TR/SH during the third quarter valued at approximately $156,000. Finally, Brown Brothers Harriman & Co. boosted its position in shares of DIGITAL RLTY TR/SH by 8,650.0% during the third quarter. Brown Brothers Harriman & Co. now owns 1,400 shares of the real estate investment trust’s stock valued at $157,000 after purchasing an additional 1,384 shares in the last quarter. Institutional investors own 99.10% of the company’s stock.

Several equities research analysts recently weighed in on the company. Royal Bank of Canada restated a “buy” rating and set a $131.00 price target on shares of DIGITAL RLTY TR/SH in a research report on Monday, August 13th. Berenberg Bank assumed coverage on 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. ValuEngine upgraded DIGITAL RLTY TR/SH from a “hold” rating to a “buy” rating in a research report on Thursday. Citigroup dropped their price target on DIGITAL RLTY TR/SH from $131.00 to $126.00 and set a “buy” rating on the stock in a research report on Tuesday, November 6th. Finally, BMO Capital Markets set a $120.00 price target on DIGITAL RLTY TR/SH and gave the company a “hold” rating in a research report on Friday, October 26th. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. DIGITAL RLTY TR/SH presently has a consensus rating of “Buy” and a consensus price target of $125.47.

DIGITAL RLTY TR/SH stock opened at $115.72 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.34 and a current ratio of 0.34. DIGITAL RLTY TR/SH has a 12 month low of $96.56 and a 12 month high of $125.10. The firm has a market capitalization of $24.11 billion, a price-to-earnings ratio of 18.85, a P/E/G ratio of 2.57 and a beta of 0.44.

DIGITAL RLTY TR/SH (NYSE:DLR) last released its earnings results 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 return on equity of 3.96% and a net margin of 11.78%. The company had revenue of $768.92 million during the quarter, compared to the consensus estimate of $773.08 million. On average, research analysts predict that DIGITAL RLTY TR/SH will post 6.6 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Friday, December 14th will be issued a $1.01 dividend. This represents a $4.04 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend is Thursday, December 13th. DIGITAL RLTY TR/SH’s dividend payout ratio (DPR) is 65.80%.

In other news, insider Christopher Sharp sold 7,871 shares of the company’s stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $116.00, for a total transaction of $913,036.00. Following the transaction, the insider now directly owns 8,933 shares of the company’s stock, valued at $1,036,228. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Kevin Kennedy sold 400 shares of the company’s stock in a transaction on Tuesday, December 4th. The shares were sold at an average price of $114.51, for a total value of $45,804.00. Following the transaction, the director now directly owns 400 shares in the company, valued at $45,804. The disclosure for this sale can be found here. Insiders sold 13,271 shares of company stock worth $1,508,840 over the last three months. Corporate insiders own 0.43% of the company’s stock.

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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.

Further Reading: Leveraged Buyout (LBO) Explained

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

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