Savant Capital LLC Buys 375 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Savant Capital LLC raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 7.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 5,208 shares of the real estate investment trust’s stock after buying an additional 375 shares during the quarter. Savant Capital LLC’s holdings in Digital Realty Trust were worth $923,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new position in shares of Digital Realty Trust in the 4th quarter worth about $35,000. Versant Capital Management Inc increased its stake in Digital Realty Trust by 480.6% during the 4th 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 in the last quarter. First Financial Corp IN purchased a new position in Digital Realty Trust in the fourth quarter worth about $42,000. Crews Bank & Trust purchased a new stake in shares of Digital Realty Trust during the fourth quarter valued at approximately $42,000. Finally, Dunhill Financial LLC increased its position in shares of 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 valued at $44,000 after acquiring an additional 124 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on DLR shares. JPMorgan Chase & Co. upped their price target on Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Friday. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Evercore ISI lifted their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. TD Cowen increased their price objective on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Finally, StockNews.com raised shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $179.95.

Digital Realty Trust Stock Down 0.5 %

DLR opened at $164.06 on Friday. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00. 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 firm has a 50-day simple moving average of $176.02 and a two-hundred day simple moving average of $168.66. The company has a market capitalization of $54.42 billion, a PE ratio of 137.86, a price-to-earnings-growth ratio of 4.27 and a beta of 0.63.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. Analysts forecast that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Insider Buying and Selling at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction dated Thursday, December 12th. The stock was 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 Securities & Exchange Commission, which is available at this link. 0.17% of the stock is owned by company insiders.

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.