GPS Wealth Strategies Group LLC Sells 178 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

GPS Wealth Strategies Group LLC trimmed its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 27.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 469 shares of the real estate investment trust’s stock after selling 178 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Digital Realty Trust were worth $83,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. AEGON ASSET MANAGEMENT UK Plc boosted its stake in Digital Realty Trust by 17.7% in the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust’s stock valued at $11,768,000 after buying an additional 9,959 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in Digital Realty Trust by 6.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust’s stock valued at $61,643,000 after purchasing an additional 23,028 shares during the last quarter. Cumberland Partners Ltd grew its position in Digital Realty Trust by 207.3% during the 3rd quarter. Cumberland Partners Ltd now owns 46,595 shares of the real estate investment trust’s stock worth $7,540,000 after acquiring an additional 31,430 shares during the last quarter. Capital Investment Advisors LLC raised its position in Digital Realty Trust by 26.4% in the fourth quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust’s stock valued at $9,682,000 after purchasing an additional 11,405 shares during the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in Digital Realty Trust by 53.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 16,561 shares of the real estate investment trust’s stock worth $2,937,000 after buying an additional 5,788 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.17% of the company’s stock.

Digital Realty Trust Trading Down 1.5 %

Shares of DLR stock opened at $161.44 on Tuesday. Digital Realty Trust, Inc. has a 1 year low of $131.42 and a 1 year high of $198.00. The firm has a market capitalization of $53.55 billion, a PE ratio of 135.66, a price-to-earnings-growth ratio of 4.16 and a beta of 0.64. The stock has a fifty day moving average of $181.03 and a two-hundred day moving average of $168.06. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61.

Analyst Ratings Changes

DLR has been the topic of several research analyst reports. Royal Bank of Canada upped their target price 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. Scotiabank upped their price objective on shares of Digital Realty Trust from $178.00 to $208.00 and gave the stock a “sector perform” rating in a report on Thursday, January 23rd. Wells Fargo & Company boosted their target price on shares of Digital Realty Trust from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 10th. Stifel Nicolaus raised their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Finally, Evercore ISI boosted their price objective on Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $180.95.

About Digital Realty Trust

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.