Asset Management One Co. Ltd. Buys 24,596 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Asset Management One Co. Ltd. raised its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 621,826 shares of the real estate investment trust's stock after acquiring an additional 24,596 shares during the period. Asset Management One Co. Ltd. owned 0.19% of Digital Realty Trust worth $110,772,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DLR. FNY Investment Advisers LLC acquired a new position in Digital Realty Trust during the 4th quarter valued at about $35,000. Versant Capital Management Inc boosted its position in shares of Digital Realty Trust by 480.6% during the fourth 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 during the period. First Financial Corp IN acquired a new position in shares of Digital Realty Trust during the fourth quarter worth approximately $42,000. Crews Bank & Trust acquired a new position in Digital Realty Trust during the 4th quarter worth $42,000. Finally, Dunhill Financial LLC boosted its position in Digital Realty Trust by 84.4% during the 3rd quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 124 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Stock Down 0.5 %

DLR stock traded down $0.75 during midday trading on Monday, reaching $164.06. The company had a trading volume of 4,795,069 shares, compared to its average volume of 2,331,411. Digital Realty Trust, Inc. has a 1 year low of $131.42 and a 1 year high of $198.00. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $54.42 billion, a P/E ratio of 137.86, a PEG ratio of 4.27 and a beta of 0.63. The company has a 50 day moving average of $175.45 and a two-hundred day moving average of $169.08.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Citizens Jmp raised shares of Digital Realty Trust to a "strong-buy" rating in a report on Monday, January 27th. Evercore ISI upped their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 23rd. TD Cowen upped their target price on Digital Realty Trust from $120.00 to $128.00 and gave the stock a "hold" rating in a research report on Friday, October 25th. Scotiabank boosted their price objective on Digital Realty Trust from $178.00 to $208.00 and gave the stock a "sector perform" rating in a research note on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a "hold" rating to a "buy" rating and raised their target price for the company from $185.00 to $194.00 in a research note on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $179.95.

Insider Activity at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.17% of the company's stock.

Digital Realty Trust 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.