Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Sentry Investment Management LLC

Sentry Investment Management LLC reduced its position in Digital Realty Trust, Inc. (NYSE:DLR) by 14.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,272 shares of the real estate investment trust’s stock after selling 207 shares during the period. Sentry Investment Management LLC’s holdings in Digital Realty Trust were worth $226,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in DLR. Private Advisor Group LLC increased its holdings in shares of Digital Realty Trust by 8.6% in the 3rd quarter. Private Advisor Group LLC now owns 13,006 shares of the real estate investment trust’s stock valued at $2,105,000 after acquiring an additional 1,027 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in Digital Realty Trust by 594.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 104,028 shares of the real estate investment trust’s stock worth $16,835,000 after purchasing an additional 89,052 shares during the last quarter. GHP Investment Advisors Inc. increased its stake in Digital Realty Trust by 14.3% in the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 66 shares during the period. abrdn plc raised its holdings in shares of Digital Realty Trust by 17.3% in the third quarter. abrdn plc now owns 1,955,741 shares of the real estate investment trust’s stock valued at $315,999,000 after buying an additional 288,772 shares during the last quarter. Finally, Fortitude Family Office LLC raised its holdings in shares of Digital Realty Trust by 153.9% in the third quarter. Fortitude Family Office LLC now owns 452 shares of the real estate investment trust’s stock valued at $73,000 after buying an additional 274 shares during the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Trading Down 1.1 %

Shares of DLR stock opened at $158.01 on Wednesday. Digital Realty Trust, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The business has a fifty day simple moving average of $172.45 and a 200-day simple moving average of $169.86. The stock has a market cap of $52.41 billion, a P/E ratio of 97.54, a P/E/G ratio of 4.38 and a beta of 0.63.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. On average, analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on the company. UBS Group raised Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their price objective for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Stifel Nicolaus boosted their target price on Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 21st. StockNews.com lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday. JPMorgan Chase & Co. upped their price objective on shares of Digital Realty Trust from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $179.95.

Insider Activity at Digital Realty Trust

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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.17% of the stock is owned by corporate insiders.

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.