Sigma Planning Corp Grows Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Sigma Planning Corp increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,526 shares of the real estate investment trust’s stock after purchasing an additional 244 shares during the quarter. Sigma Planning Corp’s holdings in Digital Realty Trust were worth $2,753,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DLR. Private Advisor Group LLC boosted its stake in Digital Realty Trust by 8.6% in the third quarter. Private Advisor Group LLC now owns 13,006 shares of the real estate investment trust’s stock valued at $2,105,000 after acquiring an additional 1,027 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in shares of Digital Realty Trust by 20.9% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 10,516 shares of the real estate investment trust’s stock valued at $1,702,000 after buying an additional 1,815 shares in the last quarter. Dakota Wealth Management boosted its holdings in Digital Realty Trust by 19.2% in the 3rd quarter. Dakota Wealth Management now owns 18,073 shares of the real estate investment trust’s stock worth $2,925,000 after buying an additional 2,916 shares during the period. Trueblood Wealth Management LLC grew its stake in Digital Realty Trust by 3.1% in the 3rd quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock valued at $334,000 after buying an additional 61 shares in the last quarter. Finally, Signet Investment Advisory Group Inc. grew its stake in Digital Realty Trust by 2.7% in the 3rd quarter. Signet Investment Advisory Group Inc. now owns 20,844 shares of the real estate investment trust’s stock valued at $3,373,000 after buying an additional 556 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DLR has been the subject of a number of recent research reports. Stifel Nicolaus lifted their price objective on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their price target for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. Citizens Jmp upgraded Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Barclays lifted their price target on Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a research report on Monday, November 18th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $220.00 price target on shares of Digital Realty Trust in a research report on Tuesday, February 18th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average price target of $179.95.

Digital Realty Trust Trading Down 3.9 %

NYSE DLR opened at $165.26 on Friday. Digital Realty Trust, Inc. has a 1-year low of $135.54 and a 1-year high of $198.00. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The stock has a 50-day moving average of $173.51 and a 200-day moving average of $169.58. The firm has a market cap of $54.82 billion, a PE 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 released its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, beating 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%. As a group, sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.17% of the stock is currently owned by corporate insiders.

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.