Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Ieq Capital LLC

Ieq Capital LLC raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,885 shares of the real estate investment trust’s stock after purchasing an additional 575 shares during the period. Ieq Capital LLC’s holdings in Digital Realty Trust were worth $3,171,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Sierra Ocean LLC purchased a new stake in Digital Realty Trust in the 4th quarter valued at approximately $29,000. FNY Investment Advisers LLC acquired a new position in shares of Digital Realty Trust in the fourth quarter worth $35,000. Versant Capital Management Inc lifted its position in shares of Digital Realty Trust by 480.6% in 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. First Financial Corp IN acquired a new stake in shares of Digital Realty Trust during the fourth quarter valued at $42,000. Finally, Crews Bank & Trust purchased a new stake in Digital Realty Trust during the 4th quarter worth about $42,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DLR. JPMorgan Chase & Co. upped their target price on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Scotiabank raised shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price objective on the stock in a research note on Tuesday, February 18th. Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Royal Bank of Canada boosted their price target on Digital Realty Trust from $177.00 to $207.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $220.00 price objective on shares of Digital Realty Trust in a research report on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $179.95.

Digital Realty Trust Trading Down 3.9 %

Shares of DLR stock opened at $165.26 on Friday. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The firm’s 50 day moving average price is $173.51 and its two-hundred day moving average price is $169.58. The stock has a market cap of $54.82 billion, a price-to-earnings ratio of 102.01, a price-to-earnings-growth ratio of 4.38 and a beta of 0.63.

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

Insider Activity

In other 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.17% of the company’s stock.

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.