Focus Financial Network Inc. Acquires 177 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Focus Financial Network Inc. increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 12.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,627 shares of the real estate investment trust’s stock after buying an additional 177 shares during the quarter. Focus Financial Network Inc.’s holdings in Digital Realty Trust were worth $291,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Savant Capital LLC lifted its holdings in shares of Digital Realty Trust by 7.8% in the fourth quarter. Savant Capital LLC now owns 5,208 shares of the real estate investment trust’s stock worth $923,000 after acquiring an additional 375 shares during the last quarter. Stiles Financial Services Inc increased its position in Digital Realty Trust by 14.9% during the 4th quarter. Stiles Financial Services Inc now owns 13,331 shares of the real estate investment trust’s stock worth $2,365,000 after purchasing an additional 1,732 shares in the last quarter. Newbridge Financial Services Group Inc. bought a new position in Digital Realty Trust in the 4th quarter valued at approximately $60,000. Kestra Private Wealth Services LLC boosted its position in Digital Realty Trust by 23.5% in the fourth quarter. Kestra Private Wealth Services LLC now owns 14,472 shares of the real estate investment trust’s stock valued at $2,566,000 after buying an additional 2,752 shares in the last quarter. Finally, Empowered Funds LLC grew its stake in shares of Digital Realty Trust by 25.6% during the fourth quarter. Empowered Funds LLC now owns 6,200 shares of the real estate investment trust’s stock worth $1,099,000 after buying an additional 1,263 shares during the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on DLR shares. StockNews.com raised Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Friday. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $147.00 to $205.00 in a report on Tuesday, January 7th. JMP Securities reiterated a “market outperform” rating and set a $220.00 target price on shares of Digital Realty Trust in a research report on Monday, February 10th. Evercore ISI upped their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Finally, Scotiabank lifted their price target on shares of Digital Realty Trust from $178.00 to $208.00 and gave the stock a “sector perform” rating in a report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Digital Realty Trust has an average rating of “Moderate Buy” and an average target price of $179.95.

Insider Buying and Selling at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the business’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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of DLR opened at $164.06 on Friday. Digital Realty Trust, Inc. has a one year low of $131.42 and a one year high of $198.00. The company has a market cap of $54.42 billion, a PE ratio of 137.86, a P/E/G ratio of 4.27 and a beta of 0.63. The stock has a 50-day moving average of $176.02 and a 200-day moving average of $168.66. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

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.