Robeco Institutional Asset Management B.V. Reduces Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Robeco Institutional Asset Management B.V. lowered its position in Digital Realty Trust, Inc. (NYSE:DLR) by 8.4% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 25,201 shares of the real estate investment trust’s stock after selling 2,324 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Digital Realty Trust were worth $4,469,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DLR. Clear Creek Financial Management LLC lifted its stake in shares of Digital Realty Trust by 1.6% in the third quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock worth $621,000 after buying an additional 59 shares in the last quarter. OneDigital Investment Advisors LLC lifted 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 worth $305,000 after purchasing an additional 59 shares in the last quarter. Trueblood Wealth Management LLC boosted its holdings in shares of Digital Realty Trust by 3.1% during the 3rd quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock worth $334,000 after purchasing an additional 61 shares during the last quarter. Stolper Co grew its position in shares of 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 purchasing an additional 64 shares in the last quarter. Finally, GHP Investment Advisors Inc. increased its holdings in shares of Digital Realty Trust by 14.3% in the third quarter. GHP Investment Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 66 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DLR. JPMorgan Chase & Co. upped their target price on Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price objective for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Truist Financial boosted their target price on shares of Digital Realty Trust from $168.00 to $202.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Barclays lifted their price target on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a research report on Monday, November 18th. Finally, Wells Fargo & Company increased their price objective on Digital Realty Trust from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $180.95.

Insider Buying and Selling

In other news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction dated 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 is available at this hyperlink. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $163.80 on Monday. The company has a market cap of $54.33 billion, a price-to-earnings ratio of 137.65, a price-to-earnings-growth ratio of 4.11 and a beta of 0.64. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 52 week low of $131.42 and a 52 week high of $198.00. The company has a fifty day simple moving average of $181.03 and a two-hundred day simple moving average of $167.98.

Digital Realty Trust 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.