Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by Stiles Financial Services Inc

Stiles Financial Services Inc lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 14.9% during the fourth quarter, Holdings Channel reports. The firm owned 13,331 shares of the real estate investment trust’s stock after buying an additional 1,732 shares during the period. Stiles Financial Services Inc’s holdings in Digital Realty Trust were worth $2,365,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. acquired a new position in shares of Digital Realty Trust during the fourth quarter worth approximately $60,000. Kestra Private Wealth Services LLC grew its holdings in Digital Realty Trust by 23.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 14,472 shares of the real estate investment trust’s stock worth $2,566,000 after acquiring an additional 2,752 shares during the period. Empowered Funds LLC raised its holdings in shares of Digital Realty Trust by 25.6% in the 4th quarter. Empowered Funds LLC now owns 6,200 shares of the real estate investment trust’s stock worth $1,099,000 after purchasing an additional 1,263 shares in the last quarter. Kingsview Wealth Management LLC lifted its position in shares of Digital Realty Trust by 51.3% during the 4th quarter. Kingsview Wealth Management LLC now owns 3,857 shares of the real estate investment trust’s stock valued at $684,000 after acquiring an additional 1,308 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its holdings in shares of Digital Realty Trust by 2.5% during the fourth quarter. Apollon Wealth Management LLC now owns 9,235 shares of the real estate investment trust’s stock valued at $1,638,000 after purchasing an additional 224 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on DLR shares. Deutsche Bank Aktiengesellschaft upgraded shares of 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. Jefferies Financial Group lifted their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Evercore ISI increased their price objective on Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Finally, Scotiabank upped their price target on Digital Realty Trust from $178.00 to $208.00 and gave the stock a “sector perform” rating in a report on Thursday, January 23rd. Two 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $179.70.

Insider Transactions at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the company’s stock in a transaction that occurred 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 document filed with the SEC, which is available through this hyperlink. Company insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE DLR opened at $168.19 on Monday. The company has a 50 day moving average of $178.14 and a 200-day moving average of $168.34. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 1-year low of $131.42 and a 1-year high of $198.00. The firm has a market cap of $55.79 billion, a price-to-earnings ratio of 141.34, a PEG ratio of 4.27 and a beta of 0.63.

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.