Global X Japan Co. Ltd. Purchases 77 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Global X Japan Co. Ltd. boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 12.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 680 shares of the real estate investment trust’s stock after purchasing an additional 77 shares during the period. Global X Japan Co. Ltd.’s holdings in Digital Realty Trust were worth $121,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AEGON ASSET MANAGEMENT UK Plc boosted its holdings in shares of Digital Realty Trust by 17.7% in the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust’s stock worth $11,768,000 after acquiring an additional 9,959 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in Digital Realty Trust by 6.4% in the third quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust’s stock worth $61,643,000 after purchasing an additional 23,028 shares in the last quarter. Cumberland Partners Ltd grew its holdings in shares of Digital Realty Trust by 207.3% during the third quarter. Cumberland Partners Ltd now owns 46,595 shares of the real estate investment trust’s stock worth $7,540,000 after purchasing an additional 31,430 shares during the last quarter. Capital Investment Advisors LLC increased its stake in shares of Digital Realty Trust by 26.4% in the fourth quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust’s stock valued at $9,682,000 after buying an additional 11,405 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its holdings in shares of Digital Realty Trust by 53.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 16,561 shares of the real estate investment trust’s stock valued at $2,937,000 after buying an additional 5,788 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on DLR. Jefferies Financial Group raised their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. boosted their price objective on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Scotiabank increased their price objective on Digital Realty Trust from $178.00 to $208.00 and gave the company a “sector perform” rating in a research report on Thursday, January 23rd. UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $147.00 to $205.00 in a research report on Tuesday, January 7th. Finally, Stifel Nicolaus raised their price target on Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $179.70.

Digital Realty Trust Trading Up 0.0 %

NYSE DLR opened at $168.19 on Friday. Digital Realty Trust, Inc. has a one year low of $131.42 and a one year high of $198.00. 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 firm has a market cap of $55.79 billion, a P/E ratio of 141.34, a P/E/G ratio of 4.16 and a beta of 0.63. The stock’s 50-day moving average is $178.69 and its 200-day moving average is $168.16.

Insider Buying and Selling

In other news, CFO Matt Mercier sold 2,518 shares of the company’s stock in a transaction that occurred on 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.17% of the stock is owned by company insiders.

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.