Vontobel Holding Ltd. Increases Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Vontobel Holding Ltd. boosted its position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 177.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,789 shares of the real estate investment trust's stock after acquiring an additional 10,094 shares during the quarter. Vontobel Holding Ltd.'s holdings in Digital Realty Trust were worth $2,800,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC acquired a new stake in Digital Realty Trust in the fourth quarter valued at approximately $35,000. Versant Capital Management Inc raised its holdings in 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 purchasing an additional 173 shares in the last quarter. First Financial Corp IN acquired a new stake in Digital Realty Trust during the fourth quarter worth approximately $42,000. Crews Bank & Trust acquired a new stake in Digital Realty Trust during the fourth quarter worth approximately $42,000. Finally, Dunhill Financial LLC raised its holdings in Digital Realty Trust by 84.4% during the third 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. Institutional investors and hedge funds own 99.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a "hold" rating to a "buy" rating and raised their price objective for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Barclays raised 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. UBS Group raised shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $147.00 to $205.00 in a report on Tuesday, January 7th. Citizens Jmp raised shares of Digital Realty Trust to a "strong-buy" rating in a report on Monday, January 27th. Finally, Evercore ISI lifted their target price on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an "outperform" rating in a report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Digital Realty Trust presently has a consensus rating of "Moderate Buy" and a consensus target price of $179.95.

Digital Realty Trust Price Performance

Shares of NYSE:DLR traded up $2.33 on Thursday, reaching $171.94. 2,131,820 shares of the company were exchanged, compared to its average volume of 2,340,504. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. Digital Realty Trust, Inc. has a 1-year low of $131.42 and a 1-year high of $198.00. The firm has a market cap of $57.03 billion, a price-to-earnings ratio of 106.13, a price-to-earnings-growth ratio of 4.23 and a beta of 0.63. The company has a 50-day moving average of $174.21 and a 200-day moving average of $169.27.

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 net margin of 10.85% and a return on equity of 2.97%. Equities analysts forecast that Digital Realty Trust, Inc. will post 7.06 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the company's 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. Insiders own 0.17% of the company's stock.

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.