Sheaff Brock Investment Advisors LLC Sells 2,490 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Sheaff Brock Investment Advisors LLC reduced its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 16.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,236 shares of the real estate investment trust's stock after selling 2,490 shares during the quarter. Sheaff Brock Investment Advisors LLC's holdings in Digital Realty Trust were worth $2,170,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. FNY Investment Advisers LLC purchased a new position in Digital Realty Trust during the 4th quarter valued at about $35,000. Versant Capital Management Inc lifted its holdings 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 valued at $37,000 after purchasing an additional 173 shares during the last quarter. First Financial Corp IN bought a new stake in shares of Digital Realty Trust in the 4th quarter worth approximately $42,000. Crews Bank & Trust purchased a new stake in shares of Digital Realty Trust in the 4th quarter worth approximately $42,000. Finally, Dunhill Financial LLC increased 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 valued at $44,000 after buying 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 dated 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 document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.17% of the company's stock.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock traded up $4.00 during trading hours on Wednesday, reaching $169.65. The company's stock had a trading volume of 2,119,173 shares, compared to its average volume of 2,347,033. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. Digital Realty Trust, Inc. has a one year low of $131.42 and a one year high of $198.00. The firm has a 50 day moving average price of $174.56 and a 200-day moving average price of $169.26. The stock has a market cap of $56.28 billion, a P/E ratio of 104.72, a P/E/G ratio of 4.19 and a beta of 0.63.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating 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, analysts predict that Digital Realty Trust, Inc. will post 7.06 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on DLR. UBS Group upgraded shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and upped their price target for the stock from $147.00 to $205.00 in a research note on Tuesday, January 7th. Raymond James increased their price target on shares of Digital Realty Trust from $170.00 to $190.00 and gave the company a "strong-buy" rating in a report on Friday, October 25th. Wells Fargo & Company decreased their price objective 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. StockNews.com upgraded Digital Realty Trust from a "sell" rating to a "hold" rating in a research note on Friday, February 14th. Finally, Royal Bank of Canada boosted their price target on Digital Realty Trust from $177.00 to $207.00 and gave the stock an "outperform" rating in a research note on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus 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.