Greenleaf Trust Raises Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Greenleaf Trust raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 5.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,458 shares of the real estate investment trust’s stock after buying an additional 222 shares during the period. Greenleaf Trust’s holdings in Digital Realty Trust were worth $791,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Adirondack Trust Co. increased its holdings in Digital Realty Trust by 68.6% during the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 81 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of Digital Realty Trust during the fourth quarter valued at approximately $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 valued at $37,000 after acquiring an additional 173 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new stake in Digital Realty Trust in the third quarter worth $38,000. Finally, First Financial Corp IN bought a new stake in Digital Realty Trust in the fourth quarter valued at $42,000. Institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

DLR has been the subject of several research analyst reports. UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and raised their target price for the stock from $147.00 to $205.00 in a research report on Tuesday, January 7th. Scotiabank lifted their price objective on Digital Realty Trust from $178.00 to $208.00 and gave the company a “sector perform” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. increased their target price on Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Deutsche Bank Aktiengesellschaft upgraded 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 report on Wednesday, January 15th. Finally, Barclays increased their price objective on Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a report on Monday, November 18th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $179.70.

Insider Transactions at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the company’s 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 filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.17% of the company’s stock.

Digital Realty Trust Trading Up 1.3 %

DLR opened at $163.49 on Wednesday. The stock has a 50-day moving average of $180.40 and a 200 day moving average of $168.10. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 12 month low of $131.42 and a 12 month high of $198.00. The firm has a market cap of $54.23 billion, a P/E ratio of 137.38, a P/E/G ratio of 4.16 and a beta of 0.63.

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.