Walter & Keenan Wealth Management LLC IN ADV Has $1.56 Million Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Walter & Keenan Wealth Management LLC IN ADV decreased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 4.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 8,786 shares of the real estate investment trust’s stock after selling 393 shares during the period. Walter & Keenan Wealth Management LLC IN ADV’s holdings in Digital Realty Trust were worth $1,558,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Clear Creek Financial Management LLC increased its holdings in shares of Digital Realty Trust by 1.6% in the 3rd quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $621,000 after purchasing an additional 59 shares during the period. OneDigital Investment Advisors LLC increased its stake in Digital Realty Trust by 3.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock valued at $305,000 after buying an additional 59 shares during the period. Trueblood Wealth Management LLC lifted its position in Digital Realty Trust by 3.1% in the 3rd quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock worth $334,000 after buying an additional 61 shares in the last quarter. Stolper Co boosted its stake in shares of Digital Realty Trust by 0.5% during the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock valued at $2,243,000 after buying an additional 64 shares during the period. Finally, Bleakley Financial Group LLC grew its holdings in shares of Digital Realty Trust by 1.5% during the 4th quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust’s stock valued at $769,000 after acquiring an additional 64 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Truist Financial lifted their price objective on Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their price target for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Evercore ISI increased their price objective on Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Raymond James lifted their target price on shares of Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a research note on Friday, October 25th. Finally, JMP Securities initiated coverage on shares of Digital Realty Trust in a research note on Monday, January 27th. They set an “outperform” rating and a $220.00 price target on the stock. Two investment 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 stock has a consensus rating of “Moderate Buy” and an average target price of $179.70.

Insider Activity

In related news, CFO Matt Mercier sold 2,518 shares of the firm’s 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.17% of the stock is owned by company insiders.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock opened at $168.19 on Monday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. The company has a market cap of $55.79 billion, a PE ratio of 141.34, a price-to-earnings-growth ratio of 4.27 and a beta of 0.63. The firm has a fifty day moving average price of $178.14 and a two-hundred day moving average price of $168.34. Digital Realty Trust, Inc. has a fifty-two week low of $131.42 and a fifty-two week high of $198.00.

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.