Tokio Marine Asset Management Co. Ltd. Grows Position in Digital Realty Trust, Inc. (NYSE:DLR)

Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 5.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,783 shares of the real estate investment trust’s stock after purchasing an additional 485 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Digital Realty Trust were worth $1,735,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Clear Creek Financial Management LLC boosted its position in Digital Realty Trust by 1.6% during the third quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock worth $621,000 after purchasing an additional 59 shares in the last quarter. OneDigital Investment Advisors LLC lifted its position in shares of 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 acquiring an additional 59 shares in the last quarter. Trueblood Wealth Management LLC lifted its position in shares of Digital Realty Trust by 3.1% in the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock valued at $334,000 after acquiring an additional 61 shares in the last quarter. Stolper Co lifted its position in shares of Digital Realty Trust by 0.5% in the fourth quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock valued at $2,243,000 after acquiring an additional 64 shares in the last quarter. Finally, GHP Investment Advisors Inc. lifted its position in shares of Digital Realty Trust by 14.3% in the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $85,000 after acquiring an additional 66 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DLR has been the topic of several recent research reports. Citizens Jmp upgraded Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their target price for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Barclays upped their price target on Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research note on Monday, November 18th. Truist Financial increased their target price on Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Finally, Wells Fargo & Company increased their target price on Digital Realty Trust from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $180.95.

Insiders Place Their Bets

In related news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.17% of the stock is currently owned by company insiders.

Digital Realty Trust Trading Down 1.5 %

NYSE:DLR opened at $161.44 on Tuesday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The business’s 50 day moving average is $181.03 and its two-hundred day moving average is $168.06. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00. The company has a market cap of $53.55 billion, a PE ratio of 135.66, a P/E/G ratio of 4.16 and a beta of 0.64.

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.