Livforsakringsbolaget Skandia Omsesidigt Lowers Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Livforsakringsbolaget Skandia Omsesidigt lowered its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,787 shares of the real estate investment trust’s stock after selling 200 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Digital Realty Trust were worth $497,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in DLR. FNY Investment Advisers LLC purchased a new stake in Digital Realty Trust during the 4th quarter valued at approximately $35,000. Versant Capital Management Inc boosted its position in shares of 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 worth $37,000 after acquiring an additional 173 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new position in Digital Realty Trust during the third quarter valued at $38,000. First Financial Corp IN bought a new stake in Digital Realty Trust in the 4th quarter valued at $42,000. Finally, Crews Bank & Trust purchased a new stake in Digital Realty Trust in the 4th quarter worth $42,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Up 0.0 %

Shares of DLR opened at $168.19 on Friday. The firm has a market capitalization of $55.79 billion, a P/E ratio of 141.34, a P/E/G ratio of 4.16 and a beta of 0.63. Digital Realty Trust, Inc. has a 12-month low of $131.42 and a 12-month high of $198.00. The firm has a fifty day moving average price of $178.69 and a 200-day moving average price of $168.16. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81.

Insider Buying and Selling 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 Securities & Exchange Commission, which can be accessed through this link. 0.17% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DLR. Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Raymond James upped their price objective on Digital Realty Trust from $170.00 to $190.00 and gave the stock a “strong-buy” rating in a report on Friday, October 25th. JPMorgan Chase & Co. raised their target price on shares of Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, October 25th. TD Cowen upped their price target on shares of Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Finally, Evercore ISI lifted 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. Two equities 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 company’s stock. According to MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average 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.