Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Longbow Finance SA

Longbow Finance SA raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 5.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,663 shares of the real estate investment trust’s stock after acquiring an additional 552 shares during the period. Longbow Finance SA’s holdings in Digital Realty Trust were worth $2,068,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Clear Creek Financial Management LLC boosted its holdings in Digital Realty Trust by 1.6% in the third quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $621,000 after purchasing an additional 59 shares during the last quarter. OneDigital Investment Advisors LLC grew its stake in shares of Digital Realty Trust by 3.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock worth $305,000 after purchasing an additional 59 shares during the period. Stolper Co lifted its stake in shares of Digital Realty Trust by 0.5% in the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock valued at $2,243,000 after purchasing an additional 64 shares during the period. Bleakley Financial Group LLC grew its position in Digital Realty Trust by 1.5% during the fourth quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust’s stock valued at $769,000 after buying an additional 64 shares during the period. Finally, GHP Investment Advisors Inc. raised its position in shares of Digital Realty Trust by 14.3% in the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $85,000 after acquiring an additional 66 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DLR shares. JMP Securities restated a “market outperform” rating and issued a $220.00 price target on shares of Digital Realty Trust in a research note on Tuesday, February 18th. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their target price for the stock from $147.00 to $205.00 in a research note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price target for the company from $185.00 to $194.00 in a research note on Wednesday, January 15th. Truist Financial upped their price objective on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Finally, Wells Fargo & Company decreased their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a report on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, fifteen 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 $179.95.

Insider Activity at Digital Realty Trust

In other 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 transaction of $471,873.20. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.17% of the stock is owned by insiders.

Digital Realty Trust Stock Down 3.7 %

DLR stock opened at $159.32 on Tuesday. The firm has a market cap of $52.85 billion, a PE ratio of 98.34, a PEG ratio of 4.38 and a beta of 0.63. Digital Realty Trust, Inc. has a one year low of $135.54 and a one year high of $198.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The firm’s 50 day moving average price is $172.99 and its 200-day moving average price is $169.80.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates 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 anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

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.