DIGITAL RLTY TR/SH (Nasdaq: DLR) Profit Outlook

DIGITAL RLTY TR/SH (Nasdaq: DLR) started the day trading at USD 143.07 per share, then rallying to USD 146.86 and closing at USD 145.5 per share. A net gain of 1.69% for the day. Long term pricing analysis shows the stock trading at 7.26% lower than it’s 52 weeks high and –36.23% higher than the 52 week low. The share volume traded for the day was 3,512K which was 1 times the 50 Day Average Volume.

DIGITAL RLTY TR/SH had a market cap of 39,039,547K as of 17th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $2.79.

DIGITAL RLTY TR/SH is a real estate investment trust that invests in carrier-neutral data centers and provides colocation and peering services. As of December 31, 2019, the company owned interests in 225 operating data center facilities totaling 34.5 million rentable square feet in the United States, Europe, Asia, Canada, and Australia.

Financial Results

DIGITAL RLTY TR/SH Reports First Quarter Of Fiscal 2020.

  • Digital Realty reported revenues for the first quarter of 2020 of $823 million, a 5% increase from the previous quarter and a 1% increase from the same quarter last year.
  • The company delivered first-quarter of 2020 net income of $229 million, and net income available to common stockholders of $203 million, or $0.90 per diluted share, compared to $1.50 per diluted share in the previous quarter and $0.46 per diluted share in the same quarter last year.
  • Digital Realty generated the first quarter of 2020 adjusted EBITDA of $482 million, a 1% increase from the previous quarter and a 1% decrease over the same quarter last year.
  • The company reported first-quarter of 2020 funds from operations of $212 million, or $0.91 per share, compared to $1.62 per share in the previous quarter and $1.92 per share in the same quarter last year.
  • Excluding certain items that do not represent core expenses or revenue streams, Digital Realty delivered the first quarter of 2020 core FFO per share of $1.53, a 6% decrease from $1.62 per share in the previous quarter, and a 12% decrease from $1.73 per share in the same quarter last year.

DIGITAL RLTY TR/SH (17th June 2020): The Institutional Ownership as of today stood at 103.11% and the Total Value of Holdings (millions) is $ 40,256 Million USD.

New Institutional Holders and other activity – As of today, the total number of shares held is 276,670,433 by 1,016 institutional holders.

Latest News

17-June-2020:- Atom Investors LP Invests $952,000 in DIGITAL RLTY TR/SH (NYSE:DLR)

Atom Investors LP bought a new stake in shares of DIGITAL RLTY TR/SH (NYSE: DLR) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,850 shares of the real estate investment trust’s stock, valued at approximately $952,000.

15-June-2020:- 1,463 Shares in DIGITAL RLTY TR/SH (NYSE: DLR) Purchased by Quantamental Technologies LLC

Quantamental Technologies LLC bought a new position in shares of DIGITAL RLTY TR/SH (NYSE: DLR) in the first quarter, according to the company in its most recent filing with the SEC. The firm bought 1,463 shares of the real estate investment trust’s stock, valued at approximately $203,000. Other institutional investors have also recently made changes to their positions in the company.

12-June-2020:- DIGITAL RLTY TR/SH (NYSE: DLR) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC boosted its holdings in shares of DIGITAL RLTY TR/SH (NYSE: DLR) by 29.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,284,675 shares of the real estate investment trust’s stock after buying an additional 1,200,919 shares during the period.

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