Wealthspire Advisors LLC Has $883,000 Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Wealthspire Advisors LLC boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 5.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,982 shares of the real estate investment trust’s stock after purchasing an additional 236 shares during the period. Wealthspire Advisors LLC’s holdings in Digital Realty Trust were worth $883,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. TCW Group Inc. grew its stake in shares of Digital Realty Trust by 8.9% in the 4th quarter. TCW Group Inc. now owns 55,194 shares of the real estate investment trust’s stock valued at $9,788,000 after buying an additional 4,498 shares in the last quarter. LDR Capital Management LLC acquired a new position in Digital Realty Trust during the fourth quarter worth $1,346,000. Sigma Planning Corp raised its holdings in Digital Realty Trust by 1.6% during the fourth quarter. Sigma Planning Corp now owns 15,526 shares of the real estate investment trust’s stock valued at $2,753,000 after buying an additional 244 shares in the last quarter. Turning Point Benefit Group Inc. bought a new position in Digital Realty Trust during the fourth quarter valued at about $306,000. Finally, Compass Capital Corp MA ADV acquired a new stake in shares of Digital Realty Trust in the fourth quarter worth about $494,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on DLR shares. Barclays boosted their target price on Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a report on Monday, November 18th. Scotiabank upgraded shares of Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price objective for the company in a research note on Tuesday, February 18th. JPMorgan Chase & Co. raised their target price on shares of Digital Realty Trust from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Stifel Nicolaus boosted their target price on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Finally, Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus price target of $179.95.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the company’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Trading Down 1.1 %

Shares of DLR stock opened at $158.01 on Wednesday. The firm has a fifty day moving average of $172.45 and a 200-day moving average of $169.86. The stock has a market cap of $52.41 billion, a price-to-earnings ratio of 97.54, a P/E/G ratio of 4.38 and a beta of 0.63. Digital Realty Trust, Inc. has a 52-week low of $135.54 and a 52-week high of $198.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping 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, equities research analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal 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.