TCW Group Inc. Acquires 4,498 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

TCW Group Inc. boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 8.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,194 shares of the real estate investment trust’s stock after acquiring an additional 4,498 shares during the quarter. TCW Group Inc.’s holdings in Digital Realty Trust were worth $9,788,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Clear Creek Financial Management LLC grew its stake in shares of Digital Realty Trust by 1.6% in the 3rd quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $621,000 after purchasing an additional 59 shares during the period. OneDigital Investment Advisors LLC boosted its stake in Digital Realty Trust by 3.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,886 shares of the real estate investment trust’s stock valued at $305,000 after buying an additional 59 shares in the last quarter. Stolper Co grew its position in Digital Realty Trust by 0.5% in the fourth quarter. Stolper Co now owns 12,648 shares of the real estate investment trust’s stock valued at $2,243,000 after acquiring an additional 64 shares during the period. Bleakley Financial Group LLC raised its stake in Digital Realty Trust by 1.5% during the fourth quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust’s stock worth $769,000 after acquiring an additional 64 shares in the last quarter. Finally, GHP Investment Advisors Inc. lifted its holdings in shares of Digital Realty Trust by 14.3% during the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $85,000 after acquiring an additional 66 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 3.9 %

Shares of NYSE:DLR opened at $165.26 on Monday. The company has a 50 day moving average of $173.51 and a 200-day moving average of $169.73. Digital Realty Trust, Inc. has a one year low of $135.54 and a one year high of $198.00. The stock has a market cap of $54.82 billion, a price-to-earnings ratio of 102.01, a P/E/G ratio of 4.38 and a beta of 0.63. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. On average, sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Analyst Ratings Changes

DLR has been the topic of several analyst reports. Truist Financial upped their target price on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Barclays upped their price objective on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research note on Monday, November 18th. UBS Group upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and lifted their target price for the company from $147.00 to $205.00 in a research note on Tuesday, January 7th. Wells Fargo & Company decreased their price target on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. Finally, StockNews.com downgraded Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $179.95.

Insider Activity

In related news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction that occurred on 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 legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.17% of the stock is currently owned by company insiders.

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.