Digital Realty Trust, Inc. (NYSE:DLR) Holdings Lowered by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC lessened its position in Digital Realty Trust, Inc. (NYSE:DLR) by 99.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 11,548 shares of the real estate investment trust’s stock after selling 1,838,744 shares during the quarter. Pathway Financial Advisers LLC’s holdings in Digital Realty Trust were worth $2,048,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new stake in Digital Realty Trust in the 4th quarter valued at about $35,000. Versant Capital Management Inc lifted its stake in Digital Realty Trust by 480.6% during the fourth 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 during the last quarter. First Financial Corp IN bought a new stake in Digital Realty Trust during the fourth quarter worth approximately $42,000. Crews Bank & Trust acquired a new position in Digital Realty Trust in the fourth quarter worth approximately $42,000. Finally, Dunhill Financial LLC increased its holdings in shares of Digital Realty Trust by 84.4% in the third quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 124 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on DLR shares. Wells Fargo & Company dropped their price target on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Jefferies Financial Group raised their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Raymond James upped their price target on shares of Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a research report on Friday, October 25th. TD Cowen raised their price objective on shares of Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Finally, UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their target price for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. 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 MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus target price of $179.70.

Insider Activity

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the company’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 transaction of $471,873.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Trading Down 1.5 %

Digital Realty Trust stock opened at $163.12 on Thursday. Digital Realty Trust, Inc. has a one year low of $131.42 and a one year high of $198.00. The company’s fifty day moving average price is $176.55 and its two-hundred day moving average price is $168.69. The company has a market capitalization of $54.11 billion, a price-to-earnings ratio of 137.08, a PEG ratio of 4.27 and a beta of 0.63. 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 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.