Roxbury Financial LLC Acquires New Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Roxbury Financial LLC acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 315 shares of the real estate investment trust’s stock, valued at approximately $62,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. raised its stake in Digital Realty Trust by 2.5% in the 3rd quarter. Daiwa Securities Group Inc. now owns 4,843,432 shares of the real estate investment trust’s stock valued at $783,812,000 after purchasing an additional 117,461 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Digital Realty Trust by 501.7% in 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 last quarter. abrdn plc increased its stake in shares of 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 worth $315,999,000 after acquiring an additional 288,772 shares during the last quarter. Pathway Financial Advisers LLC increased its stake in shares of Digital Realty Trust by 15,301.1% in the 3rd quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust’s stock worth $299,433,000 after acquiring an additional 1,838,278 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Digital Realty Trust by 2.6% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,615,123 shares of the real estate investment trust’s stock worth $261,375,000 after acquiring an additional 40,491 shares during the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock opened at $164.06 on Friday. The business has a 50-day moving average of $175.45 and a 200 day moving average of $168.78. Digital Realty Trust, Inc. has a 12 month low of $131.42 and a 12 month high of $198.00. The stock has a market capitalization of $54.42 billion, a price-to-earnings ratio of 137.86, a price-to-earnings-growth 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 (NYSE:DLR) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. As a group, sell-side analysts forecast that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on DLR. Truist Financial raised their target price on Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. JMP Securities reaffirmed a “market outperform” rating and issued a $220.00 target price on shares of Digital Realty Trust in a research note on Monday, February 10th. Evercore ISI raised their target price on Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price objective for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Finally, Jefferies Financial Group raised their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. One 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 assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Digital Realty Trust has an average rating of “Moderate Buy” and a consensus price target of $179.95.

Insider Activity

In other 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.17% of the company’s stock.

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.