Lederer & Associates Investment Counsel CA Cuts Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Lederer & Associates Investment Counsel CA lessened its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 3.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,503 shares of the real estate investment trust’s stock after selling 93 shares during the period. Lederer & Associates Investment Counsel CA’s holdings in Digital Realty Trust were worth $444,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of DLR. Clear Creek Financial Management LLC grew its position in shares of Digital Realty Trust by 1.6% during the third quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $621,000 after purchasing an additional 59 shares in the last quarter. OneDigital Investment Advisors LLC raised its stake in shares of Digital Realty Trust by 3.2% during the third quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock valued at $305,000 after acquiring an additional 59 shares in the last quarter. Trueblood Wealth Management LLC raised its stake in shares of Digital Realty Trust by 3.1% during the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock valued at $334,000 after acquiring an additional 61 shares in the last quarter. Stolper Co increased its holdings in Digital Realty Trust by 0.5% during the fourth quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock valued at $2,243,000 after buying an additional 64 shares during the period. Finally, GHP Investment Advisors Inc. increased its holdings in Digital Realty Trust by 14.3% during the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $85,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust 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 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.

Analyst Ratings Changes

Several brokerages recently issued reports on DLR. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price objective for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. UBS Group upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $147.00 to $205.00 in a research note on Tuesday, January 7th. Wells Fargo & Company lifted their price objective on shares of Digital Realty Trust from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 10th. Stifel Nicolaus lifted their price objective on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, Evercore ISI boosted their target price on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.95.

Digital Realty Trust Trading Down 0.3 %

Shares of Digital Realty Trust stock opened at $163.80 on Monday. 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 quick ratio of 1.61 and a current ratio of 1.61. The company has a market capitalization of $54.33 billion, a P/E ratio of 137.65, a PEG ratio of 4.16 and a beta of 0.63. The company’s fifty day moving average is $181.03 and its two-hundred day moving average is $167.98.

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.