Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 55.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,400 shares of the real estate investment trust’s stock after buying an additional 19,500 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Digital Realty Trust were worth $9,647,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sierra Ocean LLC bought a new position in shares of Digital Realty Trust during the 4th quarter valued at approximately $29,000. FNY Investment Advisers LLC purchased a new stake in Digital Realty Trust in the fourth quarter worth $35,000. Versant Capital Management Inc lifted its holdings in Digital Realty Trust by 480.6% during the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 173 shares in the last quarter. Centricity Wealth Management LLC purchased a new stake in shares of Digital Realty Trust in the fourth quarter valued at approximately $37,000. Finally, First Financial Corp IN bought a new position in shares of Digital Realty Trust during the 4th quarter worth $42,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of DLR opened at $165.26 on Monday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The stock has a 50-day moving average of $173.51 and a two-hundred day moving average of $169.73. The stock has a market cap of $54.82 billion, a P/E ratio of 102.01, a P/E/G ratio of 4.38 and a beta of 0.63. Digital Realty Trust, Inc. has a one year low of $135.54 and a one year high of $198.00.

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

Insider Buying and Selling at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.17% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

DLR has been the topic of several research reports. JMP Securities reissued a “market outperform” rating and set a $220.00 price objective on shares of Digital Realty Trust in a report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their price target for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. JPMorgan Chase & Co. raised their price objective on Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Wells Fargo & Company reduced their target price on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. Finally, Stifel Nicolaus increased their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $179.95.

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.