Global Retirement Partners LLC Sells 5,580 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Global Retirement Partners LLC lowered its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 56.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,366 shares of the real estate investment trust’s stock after selling 5,580 shares during the quarter. Global Retirement Partners LLC’s holdings in Digital Realty Trust were worth $774,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Plan Group Financial LLC lifted its holdings in shares of Digital Realty Trust by 10.6% in the 4th quarter. Plan Group Financial LLC now owns 6,047 shares of the real estate investment trust’s stock worth $1,072,000 after acquiring an additional 581 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in shares of Digital Realty Trust by 4.9% in the 4th quarter. New York State Common Retirement Fund now owns 184,154 shares of the real estate investment trust’s stock worth $32,656,000 after acquiring an additional 8,621 shares during the last quarter. Atria Wealth Solutions Inc. lifted its holdings in shares of Digital Realty Trust by 0.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 18,373 shares of the real estate investment trust’s stock worth $3,260,000 after acquiring an additional 168 shares during the last quarter. GAM Holding AG bought a new stake in shares of Digital Realty Trust in the 4th quarter worth about $1,153,000. Finally, Venturi Wealth Management LLC lifted its holdings in shares of Digital Realty Trust by 1,440.0% in the 4th quarter. Venturi Wealth Management LLC now owns 1,309 shares of the real estate investment trust’s stock worth $232,000 after acquiring an additional 1,224 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on DLR shares. Truist Financial raised their target price on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Citizens Jmp upgraded shares of Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. UBS Group upgraded shares of 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 report on Tuesday, January 7th. StockNews.com downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Wells Fargo & Company reduced their price target on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $179.95.

Digital Realty Trust Trading Down 3.9 %

NYSE DLR opened at $165.26 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The company has a market capitalization of $54.82 billion, a price-to-earnings ratio of 102.01, a price-to-earnings-growth ratio of 4.38 and a beta of 0.63. The company’s 50-day simple moving average is $173.51 and its two-hundred day simple moving average is $169.58. Digital Realty Trust, Inc. has a one year low of $135.54 and a one year 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. Equities analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Insider Transactions at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.17% of the company’s stock.

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.