Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lifted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 238,817 shares of the real estate investment trust’s stock after purchasing an additional 4,704 shares during the quarter. State of New Jersey Common Pension Fund D owned about 0.07% of Digital Realty Trust worth $42,349,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. AEGON ASSET MANAGEMENT UK Plc increased its holdings in shares of Digital Realty Trust by 17.7% in the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust’s stock valued at $11,768,000 after purchasing an additional 9,959 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of 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 valued at $61,643,000 after purchasing an additional 23,028 shares during the last quarter. Cumberland Partners Ltd increased its holdings in shares of Digital Realty Trust by 207.3% in the third quarter. Cumberland Partners Ltd now owns 46,595 shares of the real estate investment trust’s stock valued at $7,540,000 after purchasing an additional 31,430 shares during the last quarter. Capital Investment Advisors LLC increased its holdings 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 purchasing an additional 11,405 shares during the last quarter. Finally, Harbor Investment Advisory LLC increased 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 purchasing an additional 5,788 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the firm’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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.17% of the stock is owned by insiders.

Digital Realty Trust Trading Down 0.5 %

NYSE:DLR opened at $164.06 on Monday. The firm has a market cap 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. The stock has a fifty day moving average price of $175.45 and a 200 day moving average price of $168.94. Digital Realty Trust, Inc. has a 12-month low of $131.42 and a 12-month high of $198.00. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts anticipate that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Analyst Ratings Changes

DLR has been the subject of several analyst reports. Barclays increased their price objective 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. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Jefferies Financial Group increased 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. Scotiabank increased their price objective on Digital Realty Trust from $178.00 to $208.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 23rd. Finally, JMP Securities reiterated a “market outperform” rating and issued a $220.00 price objective on shares of Digital Realty Trust in a research report on Monday, February 10th. One analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $179.95.

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.