Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Signet Investment Advisory Group Inc.

Signet Investment Advisory Group Inc. lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,938 shares of the real estate investment trust’s stock after buying an additional 94 shares during the period. Digital Realty Trust makes up approximately 1.9% of Signet Investment Advisory Group Inc.’s holdings, making the stock its 20th largest position. Signet Investment Advisory Group Inc.’s holdings in Digital Realty Trust were worth $3,713,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Digital Realty Trust by 501.7% during the 3rd 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 acquiring an additional 3,607,802 shares during the period. Pathway Financial Advisers LLC raised its stake 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 during the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Digital Realty Trust during the third quarter worth $132,980,000. Sycomore Asset Management purchased a new position in Digital Realty Trust in the 3rd quarter valued at $80,915,000. Finally, abrdn plc increased its stake in Digital Realty Trust by 17.3% in the 3rd quarter. abrdn plc now owns 1,955,741 shares of the real estate investment trust’s stock valued at $315,999,000 after buying an additional 288,772 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Stifel Nicolaus raised their target price on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Evercore ISI raised their price objective on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Barclays boosted their target price on Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research report on Monday, November 18th. TD Cowen raised their price target on Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a report on Friday, October 25th. Finally, Raymond James upped their price objective on Digital Realty Trust from $170.00 to $190.00 and gave the stock a “strong-buy” rating in a report on Friday, October 25th. Two analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $179.70.

Digital Realty Trust Trading Down 0.6 %

Shares of DLR opened at $165.38 on Wednesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. Digital Realty Trust, Inc. has a 1-year low of $131.42 and a 1-year high of $198.00. The stock has a market cap of $54.86 billion, a price-to-earnings ratio of 138.97, a price-to-earnings-growth ratio of 4.27 and a beta of 0.63. The firm has a 50 day simple moving average of $177.62 and a 200-day simple moving average of $168.59.

Insider Buying and Selling at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the company’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 filing with the SEC, which is available through this link. 0.17% of the stock is owned by 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.