Yousif Capital Management LLC Has $9.03 Million Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Yousif Capital Management LLC reduced its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 50,919 shares of the real estate investment trust’s stock after selling 2,414 shares during the quarter. Yousif Capital Management LLC’s holdings in Digital Realty Trust were worth $9,029,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and increased their target price for the stock from $147.00 to $205.00 in a research note on Tuesday, January 7th. Truist Financial lifted their target price on Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Jefferies Financial Group upped their price target 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. Stifel Nicolaus lifted their price objective on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, Raymond James increased their target price on shares of Digital Realty Trust from $170.00 to $190.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, six have given 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, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and an average target price of $179.70.

Digital Realty Trust Stock Up 2.4 %

DLR stock opened at $167.34 on Thursday. The firm has a 50-day moving average price of $179.79 and a 200-day moving average price of $168.16. Digital Realty Trust, Inc. has a 12 month low of $131.42 and a 12 month high of $198.00. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $55.51 billion, a P/E ratio of 140.62, a price-to-earnings-growth ratio of 4.16 and a beta of 0.63.

Insider Buying and Selling

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the company’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.17% of the stock is owned by corporate insiders.

Digital Realty Trust 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.