1,747 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Bought by Good Life Advisors LLC

Good Life Advisors LLC bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,747 shares of the real estate investment trust's stock, valued at approximately $310,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Clear Creek Financial Management LLC lifted its holdings in Digital Realty Trust by 1.6% in the third quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust's stock valued at $621,000 after acquiring an additional 59 shares during the last quarter. OneDigital Investment Advisors LLC raised its position in Digital Realty Trust by 3.2% in the third quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust's stock valued at $305,000 after purchasing an additional 59 shares during the period. Trueblood Wealth Management LLC lifted its stake in shares of Digital Realty Trust by 3.1% in the 3rd quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust's stock valued at $334,000 after purchasing an additional 61 shares during the last quarter. Stolper Co grew its holdings in shares of Digital Realty Trust by 0.5% during the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust's stock worth $2,243,000 after purchasing an additional 64 shares during the period. Finally, Bleakley Financial Group LLC increased its position in shares of Digital Realty Trust by 1.5% during the 4th quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust's stock worth $769,000 after purchasing an additional 64 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.17% of the company's stock.

Digital Realty Trust Stock Down 3.9 %

DLR stock traded down $6.74 during trading on Friday, hitting $165.26. 2,498,440 shares of the company's stock were exchanged, compared to its average volume of 2,345,157. The business has a 50-day moving average price of $173.91 and a two-hundred day moving average price of $169.29. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $54.82 billion, a price-to-earnings ratio of 102.01, a PEG ratio of 4.33 and a beta of 0.63. Digital Realty Trust, Inc. has a 52-week low of $135.54 and a 52-week high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating 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%. As a group, equities research analysts expect that Digital Realty Trust, Inc. will post 7.05 EPS for the current year.

Analyst Ratings Changes

A number of research firms have commented on DLR. JMP Securities reaffirmed a "market outperform" rating and issued a $220.00 target price on shares of Digital Realty Trust in a research report on Tuesday. Barclays upped their price objective 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. Stifel Nicolaus lifted their target price on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a "buy" rating in a report on Thursday, November 21st. TD Cowen upped their price target on Digital Realty Trust from $120.00 to $128.00 and gave the stock a "hold" rating in a research note on Friday, October 25th. Finally, Jefferies Financial Group lifted their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the company a "buy" rating in a research note on Friday, October 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average 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.