FourThought Financial Partners LLC Has $3.25 Million Stock Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

FourThought Financial Partners LLC decreased its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,348 shares of the real estate investment trust’s stock after selling 671 shares during the quarter. FourThought Financial Partners LLC’s holdings in Digital Realty Trust were worth $3,254,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Sierra Ocean LLC acquired a new stake in shares of Digital Realty Trust during the 4th quarter worth about $29,000. FNY Investment Advisers LLC acquired a new stake in Digital Realty Trust in the 4th quarter valued at about $35,000. Versant Capital Management Inc increased 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. Centricity Wealth Management LLC acquired a new stake in Digital Realty Trust in the 4th quarter valued at about $37,000. Finally, First Financial Corp IN acquired a new stake in Digital Realty Trust in the 4th quarter valued at about $42,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $159.32 on Tuesday. The stock’s 50 day moving average is $172.99 and its 200-day moving average is $169.80. Digital Realty Trust, Inc. has a twelve month low of $135.54 and a twelve month high of $198.00. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $52.85 billion, a price-to-earnings ratio of 98.34, a PEG ratio of 4.38 and a beta of 0.63.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) 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%. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Insiders Place Their Bets

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DLR. Scotiabank raised shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 target price on the stock in a research note on Tuesday, February 18th. StockNews.com lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday. UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $147.00 to $205.00 in a research note on Tuesday, January 7th. Wells Fargo & Company reduced their price objective on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Finally, Barclays raised their target price on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a report on Monday, November 18th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Digital Realty Trust has an average rating of “Moderate Buy” and a consensus target price of $179.95.

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.