Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Lederer & Associates Investment Counsel CA

Lederer & Associates Investment Counsel CA reduced its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.6% during the fourth quarter, HoldingsChannel reports. The firm owned 2,503 shares of the real estate investment trust’s stock after selling 93 shares during the quarter. Lederer & Associates Investment Counsel CA’s holdings in Digital Realty Trust were worth $444,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in DLR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Digital Realty Trust by 501.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock worth $700,224,000 after purchasing an additional 3,607,802 shares in the last quarter. Pathway Financial Advisers LLC lifted its position in shares of Digital Realty Trust by 15,301.1% during the third quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust’s stock worth $299,433,000 after purchasing an additional 1,838,278 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in Digital Realty Trust in the third quarter valued at $132,980,000. Sycomore Asset Management acquired a new stake in Digital Realty Trust in the third quarter valued at $80,915,000. Finally, abrdn plc raised its holdings in Digital Realty Trust by 17.3% in the third quarter. abrdn plc now owns 1,955,741 shares of the real estate investment trust’s stock valued at $315,999,000 after acquiring an additional 288,772 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.17% of the stock is owned by corporate insiders.

Digital Realty Trust Stock Down 0.3 %

Digital Realty Trust stock opened at $163.80 on Monday. The stock has a market cap of $54.33 billion, a price-to-earnings ratio of 137.65, a PEG ratio of 4.16 and a beta of 0.63. 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’s 50-day moving average price is $181.03 and its two-hundred day moving average price is $167.98. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00.

Analyst Ratings Changes

DLR has been the topic of several recent analyst reports. Wells Fargo & Company upped their price target on shares of Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Tuesday, December 10th. Royal Bank of Canada upped their price target on shares of Digital Realty Trust from $177.00 to $207.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. JMP Securities began coverage on shares of Digital Realty Trust in a report on Monday, January 27th. They issued an “outperform” rating and a $220.00 price target on the stock. Finally, Stifel Nicolaus raised their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.95.

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.