Pine Valley Investments Ltd Liability Co Acquires 99 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Pine Valley Investments Ltd Liability Co raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,154 shares of the real estate investment trust’s stock after acquiring an additional 99 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in Digital Realty Trust were worth $2,510,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sierra Ocean LLC acquired a new stake in Digital Realty Trust in the fourth quarter worth $29,000. FNY Investment Advisers LLC acquired a new stake in Digital Realty Trust in the fourth quarter worth $35,000. Versant Capital Management Inc raised its holdings in 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 worth $37,000 after purchasing an additional 173 shares during the period. Centricity Wealth Management LLC acquired a new stake in Digital Realty Trust in the fourth quarter worth $37,000. Finally, First Financial Corp IN acquired a new stake in Digital Realty Trust in the fourth quarter worth $42,000. 99.71% of the stock is owned by institutional investors.

Insider Transactions at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the company’s stock in a transaction dated 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 document filed with the SEC, which is accessible through the SEC website. 0.17% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DLR. Wells Fargo & Company dropped 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 report on Tuesday, February 4th. StockNews.com lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday. Truist Financial raised their price objective on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price objective for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.95.

Digital Realty Trust Stock Down 1.1 %

Digital Realty Trust stock opened at $158.01 on Wednesday. The firm has a market capitalization of $52.41 billion, a PE ratio of 97.54, a P/E/G ratio of 4.38 and a beta of 0.63. The company’s 50-day moving average is $172.45 and its 200-day moving average is $169.86. Digital Realty Trust, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data 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 net margin of 10.85% and a return on equity of 2.97%. Sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

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.