Sheaff Brock Investment Advisors LLC Sells 2,490 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Sheaff Brock Investment Advisors LLC decreased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 16.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,236 shares of the real estate investment trust’s stock after selling 2,490 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Digital Realty Trust were worth $2,170,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC purchased a new position in shares of Digital Realty Trust in the 4th quarter worth $35,000. Versant Capital Management Inc boosted its position in Digital Realty Trust by 480.6% in the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 173 shares during the last quarter. First Financial Corp IN bought a new stake in shares of Digital Realty Trust during the 4th quarter valued at about $42,000. Crews Bank & Trust bought a new position in shares of Digital Realty Trust in the 4th quarter worth approximately $42,000. Finally, Dunhill Financial LLC boosted 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 worth $44,000 after buying an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

DLR has been the topic of several recent research reports. StockNews.com upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Friday. JPMorgan Chase & Co. raised their target price on Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday. Jefferies Financial Group boosted their price target on Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a report on Friday, October 25th. Scotiabank raised their price objective on Digital Realty Trust from $178.00 to $208.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 23rd. Finally, Wells Fargo & Company cut their price objective on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a research note on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $179.95.

Insiders Place Their Bets

In other news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction on Thursday, December 12th. The shares were 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 at this link. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Stock Down 0.5 %

Shares of DLR opened at $164.06 on Friday. The business’s 50 day simple moving average is $175.45 and its 200-day simple moving average is $168.78. Digital Realty Trust, Inc. has a 1 year low of $131.42 and a 1 year high of $198.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. 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.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. As a group, equities analysts expect that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current fiscal year.

Digital Realty Trust 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.