State Street Corp trimmed its position in Digital Realty Trust, Inc. (NYSE:DLR) for 10,636 shares. AlphaOne also assigned news articles about the real estate investment trust an impact score of 60 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the company’s share price in the near term. PVG Asset Management Corp’s holdings in Lexington Realty Trust were worth $893,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently modified their holdings of IRT. Acadia Realty Trust’s revenue for the quarter was up 29.0% compared to the same quarter a year ago. Twin has invested 0.12% in Digital Realty Trust, Inc. Blue Chip Partners Inc. now owns 1,842 shares of the real estate investment trust’s stock worth $208,000 after purchasing an additional 15 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Independence Realty Trust by 66.7% in the second quarter. FMR LLC now owns 11,066,494 shares of the real estate investment trust’s stock valued at $307,648,000 after buying an additional 348,630 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Lexington Realty Trust by 4.1% during the 1st quarter. State Street Corp now owns 3,152,708 shares of the real estate investment trust’s stock valued at $94,765,000 after buying an additional 216,710 shares during the last quarter. The Minnesota-based Tealwood Asset Mngmt has invested 1.55% in Digital Realty Trust, Inc.
In related news, insider Christopher Sharp sold 25,733 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. They now have a Dollars 38 price target on the stock.
Stock market analysts and brokers have recently amended their target prices on shares of Brandywine Realty Trust (NYSE:BDN). The transaction was disclosed in a document filed with the SEC, which is available at this link.
In other news, CEO Scott Schaeffer bought 35,000 shares of the business’s stock in a transaction dated Monday, August 7th. They now have a Dollars 18 price target on the stock. As of December 31, 2016, the Company had equity ownership interests in approximately 195 consolidated real estate properties, located in 40 states and containing an aggregate of approximately 43.3 million square feet of space, approximately 96.0% of which was leased. The disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.
01/23/2017 – Brandywine Realty Trust had its “equal-weight” rating reiterated by analysts at Barclays. (NYSE:DLR). Gateway Invest Advisers Ltd Llc reported 245,567 shares. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of United States & worldwide trademark and copyright laws. The original version of this piece can be read at https://weekherald.com/2017/10/08/lexington-realty-trust-lxp-shares-sold-by-pvg-asset-management-corp.html. The stock has moved north 3.42% over the past week of trading. The company has market cap of $2.50 billion.
Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 27th. Nuveen Asset Management LLC now owns 1,345,558 shares of the real estate investment trust’s stock worth $12,608,000 after buying an additional 806,509 shares in the last quarter. The company had revenue of $62 million for the quarter, compared to analyst estimates of $45.41 million. Lexington Realty Trust had a net margin of 9.80% and a return on equity of 2.92%. The business’s revenue was up 35.2% compared to the same quarter a year ago. After posting $0.23 EPS for the previous quarter, Lexington Realty Trust’s analysts now forecast 8.70 % EPS growth.
The company also recently announced a monthly dividend, which was paid on Friday, September 15th. The firm earned “Buy” rating on Friday, April 29 by Canaccord Genuity. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date was Thursday, September 14th. Acadia Realty Trust’s dividend payout ratio (DPR) is presently 162.50%. Brandywine Realty Trust had 25 analyst reports since August 14, 2015 according to SRatingsIntel. ValuEngine raised shares of Independence Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, September 1st.
Over the past 50 days, Acadia Realty Trust (NYSE:AKR) stock was -2.50% off of the high and 5.75% removed from the low. Jefferies Group LLC restated a “hold” rating and set a $11.00 price objective on shares of Lexington Realty Trust in a research note on Friday, June 23rd. Finally, KeyCorp reaffirmed a “buy” rating and issued a $130.00 price objective on shares of Digital Realty Trust in a research report on Friday, August 25th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock of Lexington Realty Trust (NYSE:LXP) has “Buy” rating given on Tuesday, September 8 by Evercore.
Digital Realty Trust, Inc.is a real estate investment trust. The Company is engaged in the business of owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of real estate assets.