FFG Partners LLC Raises Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

FFG Partners LLC grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 65,738 shares of the real estate investment trust’s stock after buying an additional 1,186 shares during the period. Digital Realty Trust accounts for 4.1% of FFG Partners LLC’s portfolio, making the stock its 11th biggest position. FFG Partners LLC’s holdings in Digital Realty Trust were worth $11,657,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of DLR. Adirondack Trust Co. grew its holdings in shares of 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 worth $32,000 after acquiring an additional 81 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $35,000. Versant Capital Management Inc lifted its position in 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 in the last quarter. Future Financial Wealth Managment LLC purchased a new position in shares of Digital Realty Trust in the third quarter worth $38,000. Finally, First Financial Corp IN purchased a new stake in shares of Digital Realty Trust during the fourth quarter valued at $42,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on DLR shares. Barclays boosted their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a report on Monday, November 18th. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price target for the company from $185.00 to $194.00 in a research report on Wednesday, January 15th. Jefferies Financial Group boosted their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. lifted their price target on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. Finally, Citizens Jmp upgraded Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.70.

Insider Buying and Selling

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 filing with the SEC, which is available at this link. 0.17% of the stock is currently owned by company insiders.

Digital Realty Trust Price Performance

NYSE:DLR opened at $168.07 on Friday. The company has a market capitalization of $55.75 billion, a P/E ratio of 141.24, a P/E/G ratio of 4.16 and a beta of 0.63. Digital Realty Trust, Inc. has a 12 month low of $131.42 and a 12 month high of $198.00. The business’s 50-day moving average is $179.23 and its 200 day moving average is $168.16. 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 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.