Yousif Capital Management LLC Sells 2,414 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Yousif Capital Management LLC decreased its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,919 shares of the real estate investment trust’s stock after selling 2,414 shares during the quarter. Yousif Capital Management LLC’s holdings in Digital Realty Trust were worth $9,029,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Adirondack Trust Co. grew its position in shares of Digital Realty Trust by 68.6% in the 3rd quarter. Adirondack Trust Co. now owns 199 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 81 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in Digital Realty Trust in the fourth quarter valued at approximately $35,000. Versant Capital Management Inc increased its position in Digital Realty Trust by 480.6% during the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 173 shares during the period. Future Financial Wealth Managment LLC bought a new position in Digital Realty Trust during the 3rd quarter worth approximately $38,000. Finally, First Financial Corp IN acquired a new position in shares of Digital Realty Trust in the 4th quarter worth approximately $42,000. 99.71% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction on 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 available through this link. 0.17% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

DLR has been the subject of a number of analyst reports. JMP Securities started coverage on shares of Digital Realty Trust in a research note on Monday, January 27th. They set an “outperform” rating and a $220.00 target price for the company. Deutsche Bank Aktiengesellschaft raised Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Citizens Jmp upgraded Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Royal Bank of Canada lifted their target price on Digital Realty Trust from $177.00 to $207.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. Finally, TD Cowen increased their price target on Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average price target of $179.70.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock opened at $167.34 on Thursday. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00. 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 business has a 50 day moving average price of $179.79 and a 200-day moving average price of $168.16. The company has a market cap of $55.51 billion, a PE ratio of 140.62, a price-to-earnings-growth ratio of 4.16 and a beta of 0.63.

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.