Consolidated Planning Corp Purchases 1,507 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Consolidated Planning Corp raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 47.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,699 shares of the real estate investment trust’s stock after acquiring an additional 1,507 shares during the quarter. Consolidated Planning Corp’s holdings in Digital Realty Trust were worth $833,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. McClarren Financial Advisors Inc. bought a new stake in Digital Realty Trust during the fourth quarter valued at $76,000. Van ECK Associates Corp boosted its position in Digital Realty Trust by 0.5% during the fourth quarter. Van ECK Associates Corp now owns 150,802 shares of the real estate investment trust’s stock valued at $26,742,000 after acquiring an additional 818 shares during the last quarter. Kentucky Trust Co bought a new stake in Digital Realty Trust during the fourth quarter valued at $97,000. Signet Investment Advisory Group Inc. boosted its position in Digital Realty Trust by 0.5% during the fourth quarter. Signet Investment Advisory Group Inc. now owns 20,938 shares of the real estate investment trust’s stock valued at $3,713,000 after acquiring an additional 94 shares during the last quarter. Finally, Leavell Investment Management Inc. boosted its position in Digital Realty Trust by 74.1% during the fourth quarter. Leavell Investment Management Inc. now owns 18,283 shares of the real estate investment trust’s stock valued at $3,262,000 after acquiring an additional 7,781 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DLR. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Truist Financial upped their price objective on shares of Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Evercore ISI upped their price objective on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price objective for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $179.70.

Digital Realty Trust Trading Down 1.5 %

NYSE:DLR opened at $163.12 on Thursday. 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 firm has a market cap of $54.11 billion, a price-to-earnings ratio of 137.08, a price-to-earnings-growth ratio of 4.27 and a beta of 0.63. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00. The firm has a 50-day moving average price of $177.10 and a two-hundred day moving average price of $168.72.

About Digital Realty Trust

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.