Catalyst Capital Advisors LLC Buys Shares of 363 Digital Realty Trust, Inc. (NYSE:DLR)

Catalyst Capital Advisors LLC bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 363 shares of the real estate investment trust’s stock, valued at approximately $64,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. AEGON ASSET MANAGEMENT UK Plc boosted its holdings in 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 purchasing an additional 9,959 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in Digital Realty Trust by 26.4% in the 4th 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. Rockefeller Capital Management L.P. raised its stake in shares of Digital Realty Trust by 6.4% in the 3rd 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 acquiring an additional 23,028 shares during the period. Cumberland Partners Ltd raised its stake 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 acquiring an additional 31,430 shares during the period. Finally, Harbor Investment Advisory LLC raised its stake in shares of Digital Realty Trust by 53.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 16,561 shares of the real estate investment trust’s stock valued at $2,937,000 after acquiring an additional 5,788 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Truist Financial boosted their price target on shares of Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. StockNews.com raised shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Friday, February 14th. TD Cowen boosted their price target on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a research note on Friday, October 25th. JMP Securities reissued a “market outperform” rating and issued a $220.00 price target on shares of Digital Realty Trust in a research note on Tuesday. Finally, Scotiabank raised shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 target price on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $179.95.

Digital Realty Trust Trading Up 0.7 %

Shares of Digital Realty Trust stock opened at $165.49 on Wednesday. The company has a fifty day simple moving average of $174.97 and a 200-day simple moving average of $169.16. 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. The stock has a market cap of $54.90 billion, a price-to-earnings ratio of 139.07, a PEG ratio of 4.27 and a beta of 0.63.

Digital Realty Trust (NYSE:DLR) last issued its earnings results 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 net margin of 8.04% and a return on equity of 2.24%. On average, equities analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current fiscal year.

Insider Activity

In other news, CFO Matt Mercier sold 2,518 shares of the company’s 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 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.