Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Stratos Investment Management LLC

Stratos Investment Management LLC reduced its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 6.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 15,020 shares of the real estate investment trust’s stock after selling 1,117 shares during the quarter. Stratos Investment Management LLC’s holdings in Digital Realty Trust were worth $2,664,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Adirondack Trust Co. lifted its holdings in shares of Digital Realty Trust by 68.6% in the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 81 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in Digital Realty Trust in the fourth quarter valued at approximately $35,000. Versant Capital Management Inc boosted its holdings in shares of Digital Realty Trust by 480.6% in the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 173 shares during the period. Future Financial Wealth Managment LLC acquired a new position in shares of Digital Realty Trust in the 3rd quarter valued at $38,000. Finally, First Financial Corp IN purchased a new stake in Digital Realty Trust in the 4th quarter valued at $42,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price objective for the company from $185.00 to $194.00 in a research note on Wednesday, January 15th. Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Raymond James lifted their target price on Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a research note on Friday, October 25th. Truist Financial increased their price target on Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Finally, Royal Bank of Canada boosted their price objective on shares of Digital Realty Trust from $177.00 to $207.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average target price of $179.70.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $163.49 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. The business’s fifty day moving average price is $180.40 and its two-hundred day moving average price is $168.10. The stock has a market cap of $54.23 billion, a PE ratio of 137.38, a price-to-earnings-growth ratio of 4.16 and a beta of 0.63. Digital Realty Trust, Inc. has a one year low of $131.42 and a one year high of $198.00.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.