Kintegral Advisory LLC trimmed its holdings in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 4.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 6,482 shares of the real estate investment trust’s stock after selling 302 shares during the quarter. Kintegral Advisory LLC’s holdings in Digital Realty Trust were worth $1,158,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the stock. AEGON ASSET MANAGEMENT UK Plc grew its position 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 valued at $11,768,000 after buying an additional 9,959 shares during the last quarter. Capital Investment Advisors LLC grew its holdings in shares of Digital Realty Trust by 26.4% during the fourth quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust’s stock worth $9,682,000 after purchasing an additional 11,405 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in shares of Digital Realty Trust by 6.4% during 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 lifted its holdings in shares of Digital Realty Trust by 207.3% in the 3rd 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. Finally, Leavell Investment Management Inc. lifted its holdings in shares of Digital Realty Trust by 74.1% in the 4th quarter. Leavell Investment Management Inc. now owns 18,283 shares of the real estate investment trust’s stock valued at $3,262,000 after purchasing an additional 7,781 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.
Digital Realty Trust Stock Down 3.9 %
Digital Realty Trust stock opened at $165.26 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The firm has a market capitalization of $54.82 billion, a price-to-earnings ratio of 102.01, a price-to-earnings-growth ratio of 4.38 and a beta of 0.63. The stock’s fifty day moving average is $173.51 and its two-hundred day moving average is $169.58. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Truist Financial raised their price objective on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Barclays lifted their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a research note on Monday, November 18th. Royal Bank of Canada increased their target price on shares of Digital Realty Trust from $177.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Finally, UBS Group upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their price target for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $179.95.
Read Our Latest Analysis on Digital Realty Trust
Insider Activity
In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.17% of the company’s stock.
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.
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