Digital Realty Trust, Inc. (NYSE:DLR) Position Boosted by Bleakley Financial Group LLC

Bleakley Financial Group LLC lifted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 1.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,336 shares of the real estate investment trust’s stock after acquiring an additional 64 shares during the quarter. Bleakley Financial Group LLC’s holdings in Digital Realty Trust were worth $769,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. FNY Investment Advisers LLC acquired a new stake in shares of Digital Realty Trust during the 4th quarter valued at $35,000. Versant Capital Management Inc raised its holdings in shares of 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 acquiring an additional 173 shares in the last quarter. First Financial Corp IN purchased a new position in Digital Realty Trust in the fourth quarter valued at about $42,000. Crews Bank & Trust acquired a new position in Digital Realty Trust in the 4th quarter worth about $42,000. Finally, Dunhill Financial LLC raised its stake in shares of Digital Realty Trust by 84.4% during the 3rd quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 124 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Stock Up 0.0 %

NYSE DLR opened at $168.19 on Monday. Digital Realty Trust, Inc. has a twelve month low of $131.42 and a twelve month high of $198.00. 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 stock has a market cap of $55.79 billion, a PE ratio of 141.34, a PEG ratio of 4.27 and a beta of 0.63. The firm has a 50-day simple moving average of $178.14 and a 200 day simple moving average of $168.34.

Insider Buying and Selling at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction 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 legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their price target for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Jefferies Financial Group increased their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock 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 company a “buy” rating in a research note on Thursday, November 21st. Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Finally, JMP Securities began coverage on Digital Realty Trust in a research note on Monday, January 27th. They set an “outperform” rating and a $220.00 price target for the company. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $179.70.

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.