D.A. Davidson & CO. Purchases 1,330 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

D.A. Davidson & CO. grew its position in Digital Realty Trust, Inc. (NYSE:DLR) by 4.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 32,084 shares of the real estate investment trust’s stock after acquiring an additional 1,330 shares during the period. D.A. Davidson & CO.’s holdings in Digital Realty Trust were worth $5,689,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of DLR. Sierra Ocean LLC bought a new position in shares of Digital Realty Trust in the 4th quarter valued at $29,000. FNY Investment Advisers LLC bought a new position in shares of Digital Realty Trust in the 4th quarter valued at $35,000. Versant Capital Management Inc lifted its stake in shares of 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 acquiring an additional 173 shares during the last quarter. First Financial Corp IN bought a new position in shares of Digital Realty Trust in the 4th quarter valued at $42,000. Finally, Crews Bank & Trust bought a new position in shares of Digital Realty Trust in the 4th quarter valued at $42,000. 99.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Digital Realty Trust

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

Digital Realty Trust Stock Performance

Shares of DLR opened at $169.65 on Thursday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The stock has a 50-day moving average of $174.21 and a 200-day moving average of $169.27. The company has a market cap of $56.28 billion, a PE ratio of 104.72, a P/E/G ratio of 4.19 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 (NYSE:DLR) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 7.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Barclays raised their target price on Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research report on Monday, November 18th. Scotiabank raised Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 target price on the stock in a report on Tuesday. Wells Fargo & Company cut their target price on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a report on Tuesday, February 4th. Royal Bank of Canada lifted their target price on Digital Realty Trust from $177.00 to $207.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $220.00 target price on shares of Digital Realty Trust in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $179.95.

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.