Blue Trust Inc. Has $97,000 Position in Digital Realty Trust, Inc. (NYSE:DLR)

Blue Trust Inc. lowered its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 86.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 547 shares of the real estate investment trust’s stock after selling 3,608 shares during the quarter. Blue Trust Inc.’s holdings in Digital Realty Trust were worth $97,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DLR. FNY Investment Advisers LLC acquired a new position in Digital Realty Trust during the fourth quarter valued at approximately $35,000. Versant Capital Management Inc grew its holdings in Digital Realty Trust by 480.6% during the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 173 shares during the period. First Financial Corp IN acquired a new position in Digital Realty Trust during the fourth quarter valued at approximately $42,000. Crews Bank & Trust acquired a new position in Digital Realty Trust during the fourth quarter valued at approximately $42,000. Finally, Dunhill Financial LLC grew its holdings in Digital Realty Trust by 84.4% during the third quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 124 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on DLR shares. Barclays boosted their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company 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 target for the company in a report on Tuesday, February 18th. Stifel Nicolaus upped their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 21st. UBS Group upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their price target for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price target for the company from $185.00 to $194.00 in a report on Wednesday, January 15th. Two analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $179.95.

Insiders Place Their Bets

In other news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction dated 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 document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE DLR opened at $165.26 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The firm’s fifty day moving average price is $173.51 and its two-hundred day moving average price is $169.58. Digital Realty Trust, Inc. has a 1 year low of $135.54 and a 1 year high of $198.00. The firm has a market capitalization of $54.82 billion, a P/E ratio of 102.01, a price-to-earnings-growth ratio of 4.38 and a beta of 0.63.

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%. As a group, research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

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.