Digital Realty Trust, Inc. (NYSE:DLR) Shares Bought by Apollon Wealth Management LLC

Apollon Wealth Management LLC boosted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,235 shares of the real estate investment trust’s stock after purchasing an additional 224 shares during the period. Apollon Wealth Management LLC’s holdings in Digital Realty Trust were worth $1,638,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of DLR. Clear Creek Financial Management LLC grew its holdings in 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 worth $621,000 after acquiring an additional 59 shares during the period. OneDigital Investment Advisors LLC boosted its stake in shares of Digital Realty Trust by 3.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock worth $305,000 after acquiring an additional 59 shares in the last quarter. Trueblood Wealth Management LLC grew its position in shares of Digital Realty Trust by 3.1% during the 3rd 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 during the period. Stolper Co increased its stake in shares of Digital Realty Trust by 0.5% in the 4th quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock valued at $2,243,000 after purchasing an additional 64 shares in the last quarter. Finally, Bleakley Financial Group LLC raised its holdings in Digital Realty Trust by 1.5% in the 4th quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust’s stock worth $769,000 after purchasing an additional 64 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insiders Place Their Bets

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the business’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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.17% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Scotiabank boosted their price objective on Digital Realty Trust from $178.00 to $208.00 and gave the company a “sector perform” rating in a research report on Thursday, January 23rd. Wells Fargo & Company lowered their price objective on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a report on Tuesday, February 4th. JPMorgan Chase & Co. raised their target price on Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, October 25th. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their price target for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Finally, Barclays raised their price objective on Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a report on Monday, November 18th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $179.70.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $166.14 on Tuesday. 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’s 50 day simple moving average is $178.14 and its 200-day simple moving average is $168.45. The company has a market capitalization of $55.11 billion, a price-to-earnings ratio of 139.61, a price-to-earnings-growth ratio of 4.27 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.