Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Rhumbline Advisers

Rhumbline Advisers lifted its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 1.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 628,454 shares of the real estate investment trust's stock after purchasing an additional 10,689 shares during the quarter. Rhumbline Advisers owned about 0.19% of Digital Realty Trust worth $111,444,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. FNY Investment Advisers LLC purchased a new stake in Digital Realty Trust in the fourth quarter valued at $35,000. Versant Capital Management Inc boosted its stake in shares of 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 buying an additional 173 shares during the last quarter. First Financial Corp IN acquired a new stake in Digital Realty Trust during the fourth quarter worth about $42,000. Crews Bank & Trust acquired a new position in Digital Realty Trust in the fourth quarter valued at approximately $42,000. Finally, Dunhill Financial LLC boosted its position in Digital Realty Trust by 84.4% in the 3rd quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust's stock worth $44,000 after purchasing an additional 124 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.17% of the company's stock.

Analysts Set New Price Targets

DLR has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a "hold" rating to a "buy" rating and upped their price target for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Royal Bank of Canada increased their target price on shares of Digital Realty Trust from $177.00 to $207.00 and gave the company an "outperform" rating in a research report on Monday, October 28th. UBS Group upgraded shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $147.00 to $205.00 in a research report on Tuesday, January 7th. Barclays increased their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company an "underweight" rating in a report on Monday, November 18th. Finally, TD Cowen boosted their target price on Digital Realty Trust from $120.00 to $128.00 and gave the stock a "hold" rating in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Digital Realty Trust has a consensus rating of "Moderate Buy" and an average target price of $179.95.

Digital Realty Trust Trading Up 2.4 %

Shares of NYSE DLR traded up $4.00 during trading on Wednesday, reaching $169.65. The stock had a trading volume of 2,088,423 shares, compared to its average volume of 2,345,660. The company has a market cap of $56.28 billion, a P/E ratio of 104.72, a PEG ratio of 4.19 and a beta of 0.63. 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 business's 50-day moving average price is $174.56 and its 200-day moving average price is $169.26. Digital Realty Trust, Inc. has a fifty-two week low of $131.42 and a fifty-two week high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings data 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 2.97% and a net margin of 10.85%. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 7.06 EPS for the current fiscal year.

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.