Shepherd Financial Partners LLC lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 27.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,785 shares of the real estate investment trust's stock after buying an additional 2,110 shares during the period. Shepherd Financial Partners LLC's holdings in Digital Realty Trust were worth $1,735,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Golden State Wealth Management LLC acquired a new stake in Digital Realty Trust in the 4th quarter worth about $62,000. FFG Partners LLC increased its stake in shares of Digital Realty Trust by 1.8% in the fourth quarter. FFG Partners LLC now owns 65,738 shares of the real estate investment trust's stock valued at $11,657,000 after buying an additional 1,186 shares during the period. Global X Japan Co. Ltd. raised its position in Digital Realty Trust by 12.8% during the 4th quarter. Global X Japan Co. Ltd. now owns 680 shares of the real estate investment trust's stock worth $121,000 after purchasing an additional 77 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Digital Realty Trust by 7.8% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 128,058 shares of the real estate investment trust's stock valued at $22,709,000 after purchasing an additional 9,264 shares during the period. Finally, Silver Oak Securities Incorporated acquired a new position in Digital Realty Trust in the fourth quarter valued at $1,245,000. Institutional investors own 99.71% of the company's stock.
Several equities research analysts have weighed in on the stock. Scotiabank lifted their price target on shares of Digital Realty Trust from $178.00 to $208.00 and gave the company a "sector perform" rating in a research note on Thursday, January 23rd. Barclays raised their price objective on Digital Realty Trust from $135.00 to $142.00 and gave the company an "underweight" rating in a research note on Monday, November 18th. Raymond James upped their target price on Digital Realty Trust from $170.00 to $190.00 and gave the stock a "strong-buy" rating in a research report on Friday, October 25th. Evercore ISI boosted their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an "outperform" rating in a research note on Wednesday, October 23rd. Finally, Citizens Jmp raised shares of Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Digital Realty Trust currently has an average rating of "Moderate Buy" and an average target price of $179.70.
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In other news, CFO Matt Mercier sold 2,518 shares of the company'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 filing with the SEC, which is accessible through the SEC website. 0.17% of the stock is currently owned by insiders.
DLR opened at $168.19 on Friday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The stock's fifty day moving average is $178.69 and its two-hundred day moving average is $168.16. The company has a market capitalization of $55.79 billion, a P/E ratio of 141.34, a PEG ratio of 4.16 and a beta of 0.63. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00.
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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