Union Bancaire Privee UBP SA Purchases Shares of 13,784 Digital Realty Trust, Inc. (NYSE:DLR)

Union Bancaire Privee UBP SA purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 13,784 shares of the real estate investment trust’s stock, valued at approximately $2,324,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Private Advisor Group LLC raised its position in shares of Digital Realty Trust by 8.6% during the third quarter. Private Advisor Group LLC now owns 13,006 shares of the real estate investment trust’s stock worth $2,105,000 after purchasing an additional 1,027 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Digital Realty Trust by 20.1% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 52,546 shares of the real estate investment trust’s stock worth $8,504,000 after purchasing an additional 8,806 shares during the period. Forsta AP Fonden raised its position in shares of Digital Realty Trust by 18.2% during the third quarter. Forsta AP Fonden now owns 70,100 shares of the real estate investment trust’s stock worth $11,344,000 after purchasing an additional 10,800 shares during the period. PFG Investments LLC raised its position in shares of Digital Realty Trust by 1.0% during the third quarter. PFG Investments LLC now owns 8,482 shares of the real estate investment trust’s stock worth $1,373,000 after purchasing an additional 80 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Digital Realty Trust by 594.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 104,028 shares of the real estate investment trust’s stock worth $16,835,000 after purchasing an additional 89,052 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Stock Down 3.9 %

Shares of NYSE:DLR opened at $165.26 on Monday. The company has a market capitalization of $54.82 billion, a PE ratio of 102.01, a price-to-earnings-growth 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. The business has a fifty day moving average price of $173.51 and a two-hundred day moving average price of $169.73. Digital Realty Trust, Inc. has a 1 year low of $135.54 and a 1 year high of $198.00.

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 for the quarter, topping the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a return on equity of 2.97% and a net margin of 10.85%. Analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

DLR has been the topic of a number of research reports. StockNews.com lowered Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday. Royal Bank of Canada upped their target price on Digital Realty Trust from $177.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Stifel Nicolaus increased their price target on Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Wells Fargo & Company lowered their price target on Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. Finally, Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus target price of $179.95.

Insider Transactions at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.17% of the stock is owned by corporate 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.