Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Nvwm LLC

Nvwm LLC decreased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 14.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,227 shares of the real estate investment trust’s stock after selling 554 shares during the quarter. Nvwm LLC’s holdings in Digital Realty Trust were worth $572,000 as of its most recent filing with the Securities and Exchange Commission.

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

Digital Realty Trust Price Performance

NYSE DLR opened at $167.34 on Thursday. The company has a 50-day moving average price of $179.79 and a two-hundred day moving average price of $168.16. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00. The stock has a market cap of $55.51 billion, a price-to-earnings ratio of 140.62, a price-to-earnings-growth ratio of 4.16 and a beta of 0.63. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81.

Analyst Ratings Changes

A number of research firms recently issued reports on DLR. JMP Securities initiated coverage on shares of Digital Realty Trust in a research report on Monday, January 27th. They set an “outperform” rating and a $220.00 target price for the company. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and increased their target price for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Royal Bank of Canada increased 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 report on Monday, October 28th. Jefferies Financial Group upped their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, Barclays raised their target price on Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a research note on Monday, November 18th. Two analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $179.70.

Insider Activity at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.17% of the stock is owned by insiders.

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.