Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by WealthShield Partners LLC

WealthShield Partners LLC lessened its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 15,512 shares of the real estate investment trust’s stock after selling 480 shares during the quarter. WealthShield Partners LLC’s holdings in Digital Realty Trust were worth $2,770,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Sierra Ocean LLC bought a new stake in shares of Digital Realty Trust in the 4th quarter worth $29,000. FNY Investment Advisers LLC bought a new stake in shares of Digital Realty Trust in the 4th quarter worth $35,000. Versant Capital Management Inc raised its stake in shares of 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 worth $37,000 after buying an additional 173 shares in the last quarter. Centricity Wealth Management LLC bought a new stake in shares of Digital Realty Trust in the 4th quarter worth $37,000. Finally, First Financial Corp IN bought a new stake in shares of Digital Realty Trust in the 4th quarter worth $42,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

DLR has been the topic of a number of research reports. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $147.00 to $205.00 in a research note on Tuesday, January 7th. Scotiabank raised 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 report on Tuesday, February 18th. Royal Bank of Canada boosted their target price on Digital Realty Trust from $177.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. JMP Securities reaffirmed a “market outperform” rating and set a $220.00 target price on shares of Digital Realty Trust in a research report on Tuesday, February 18th. Finally, Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $179.95.

Insider Transactions at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Trading Down 3.9 %

Digital Realty Trust stock opened at $165.26 on Monday. The business has a 50 day moving average price of $173.51 and a two-hundred day moving average price of $169.73. 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 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, Inc. has a 12 month low of $135.54 and a 12 month high of $198.00.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating 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%. As a group, equities analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS 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.