Digital Realty Trust, Inc. (NYSE:DLR) Stock Holdings Lifted by NovaPoint Capital LLC

NovaPoint Capital LLC lifted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,388 shares of the real estate investment trust’s stock after acquiring an additional 181 shares during the period. NovaPoint Capital LLC’s holdings in Digital Realty Trust were worth $601,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. AEGON ASSET MANAGEMENT UK Plc grew its position in Digital Realty Trust by 17.7% during 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 purchasing an additional 9,959 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in Digital Realty Trust by 6.4% during the third 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 in the last quarter. Cumberland Partners Ltd grew its position in Digital Realty Trust by 207.3% during the third quarter. Cumberland Partners Ltd now owns 46,595 shares of the real estate investment trust’s stock valued at $7,540,000 after purchasing an additional 31,430 shares in the last quarter. Capital Investment Advisors LLC grew its position in Digital Realty Trust by 26.4% during 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 in the last quarter. Finally, Harbor Investment Advisory LLC grew its position in Digital Realty Trust by 53.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 16,561 shares of the real estate investment trust’s stock worth $2,937,000 after acquiring an additional 5,788 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Up 2.4 %

DLR opened at $167.34 on Thursday. The firm’s 50-day simple moving average is $179.79 and its 200-day simple moving average is $168.16. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. Digital Realty Trust, Inc. has a twelve month low of $131.42 and a twelve month high of $198.00. The firm has a market cap of $55.51 billion, a price-to-earnings ratio of 140.62, a PEG ratio of 4.16 and a beta of 0.63.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust 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 transaction of $471,873.20. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.17% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Raymond James boosted their target price on shares of Digital Realty Trust from $170.00 to $190.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 25th. TD Cowen boosted their target price on shares of Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Evercore ISI boosted their price objective on shares of Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. Two analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus target price of $179.70.

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.