Keeler Thomas Management LLC Sells 2,276 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Keeler Thomas Management LLC decreased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,230 shares of the real estate investment trust’s stock after selling 2,276 shares during the quarter. Digital Realty Trust comprises approximately 2.2% of Keeler Thomas Management LLC’s investment portfolio, making the stock its 14th biggest holding. Keeler Thomas Management LLC’s holdings in Digital Realty Trust were worth $6,070,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Digital Realty Trust by 501.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock valued at $700,224,000 after purchasing an additional 3,607,802 shares during the period. Pathway Financial Advisers LLC raised its holdings in shares of Digital Realty Trust by 15,301.1% in the third quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust’s stock valued at $299,433,000 after purchasing an additional 1,838,278 shares during the last quarter. Point72 Asset Management L.P. acquired a new position in Digital Realty Trust during the third quarter worth $132,980,000. Sycomore Asset Management acquired a new position in Digital Realty Trust during the third quarter worth $80,915,000. Finally, abrdn plc increased its stake in Digital Realty Trust by 17.3% in the 3rd quarter. abrdn plc now owns 1,955,741 shares of the real estate investment trust’s stock valued at $315,999,000 after buying an additional 288,772 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Buying and Selling

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The sale 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 Price Performance

Shares of NYSE:DLR opened at $159.32 on Tuesday. The firm has a 50 day moving average of $172.99 and a 200-day moving average of $169.80. Digital Realty Trust, Inc. has a 12 month low of $135.54 and a 12 month high of $198.00. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $52.85 billion, a PE ratio of 98.34, a PEG ratio of 4.38 and a beta of 0.63.

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, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on DLR shares. Scotiabank raised Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price target for the company in a research report on Tuesday, February 18th. Stifel Nicolaus increased their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price target for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. StockNews.com downgraded shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, UBS Group raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and upped their target price for the company from $147.00 to $205.00 in a report on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.95.

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.