Silver Oak Securities Incorporated Acquires Shares of 7,064 Digital Realty Trust, Inc. (NYSE:DLR)

Silver Oak Securities Incorporated purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,064 shares of the real estate investment trust’s stock, valued at approximately $1,245,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Czech National Bank grew its holdings in shares of Digital Realty Trust by 1.4% during the third quarter. Czech National Bank now owns 62,695 shares of the real estate investment trust’s stock worth $10,146,000 after buying an additional 859 shares in the last quarter. Mather Group LLC. boosted its position in Digital Realty Trust by 17.9% during the third quarter. Mather Group LLC. now owns 3,491 shares of the real estate investment trust’s stock worth $565,000 after acquiring an additional 531 shares during the last quarter. Atomi Financial Group Inc. grew its stake in Digital Realty Trust by 9.9% during the 3rd quarter. Atomi Financial Group Inc. now owns 1,709 shares of the real estate investment trust’s stock valued at $277,000 after acquiring an additional 154 shares in the last quarter. Brookstone Capital Management raised its holdings in Digital Realty Trust by 17.0% in the 3rd quarter. Brookstone Capital Management now owns 18,060 shares of the real estate investment trust’s stock valued at $2,923,000 after acquiring an additional 2,619 shares during the last quarter. Finally, Future Financial Wealth Managment LLC purchased a new position in Digital Realty Trust in the 3rd quarter worth approximately $38,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on DLR. Stifel Nicolaus increased their price target on Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 21st. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and raised their target price for the stock from $147.00 to $205.00 in a research note on Tuesday, January 7th. JPMorgan Chase & Co. upped their price objective on shares of Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Truist Financial lifted their target price on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Finally, Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.70.

Insider Buying and Selling at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the business’s 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Up 0.5 %

Shares of NYSE:DLR opened at $168.07 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $131.42 and a fifty-two week high of $198.00. The firm’s 50 day moving average price is $179.23 and its 200 day moving average price is $168.16. 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 has a market cap of $55.75 billion, a price-to-earnings ratio of 141.24, a price-to-earnings-growth ratio of 4.16 and a beta of 0.63.

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.