Savant Capital LLC Raises Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Savant Capital LLC boosted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 7.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,208 shares of the real estate investment trust’s stock after purchasing an additional 375 shares during the quarter. Savant Capital LLC’s holdings in Digital Realty Trust were worth $923,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of DLR. FNY Investment Advisers LLC purchased a new stake in shares of Digital Realty Trust in the fourth quarter worth $35,000. Versant Capital Management Inc raised its holdings in shares of Digital Realty Trust by 480.6% in the 4th quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 173 shares in the last quarter. First Financial Corp IN purchased a new stake in shares of Digital Realty Trust in the 4th quarter valued at about $42,000. Crews Bank & Trust purchased a new position in shares of Digital Realty Trust during the fourth quarter worth about $42,000. Finally, Dunhill Financial LLC increased its position in shares of Digital Realty Trust by 84.4% in the third quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 124 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was 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 Securities & Exchange Commission, which is accessible through this link. 0.17% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DLR. Jefferies Financial Group boosted their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Royal Bank of Canada raised their price target on Digital Realty Trust from $177.00 to $207.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. Truist Financial increased their price objective on Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Finally, StockNews.com upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Friday. One analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $179.95.

Digital Realty Trust Price Performance

Shares of DLR stock opened at $164.06 on Friday. 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 firm has a market cap of $54.42 billion, a P/E ratio of 137.86, a P/E/G ratio of 4.27 and a beta of 0.63. The business’s 50 day moving average price is $176.02 and its 200-day moving average price is $168.66. Digital Realty Trust, Inc. has a fifty-two week low of $131.42 and a fifty-two week high of $198.00.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. On average, equities research analysts anticipate that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

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.