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

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

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Advisor Group LLC increased its stake in shares of Digital Realty Trust by 8.6% in the third quarter. Private Advisor Group LLC now owns 13,006 shares of the real estate investment trust’s stock valued at $2,105,000 after buying an additional 1,027 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in Digital Realty Trust by 20.1% during the 3rd 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 acquiring an additional 8,806 shares during the last quarter. Forsta AP Fonden increased its position in Digital Realty Trust by 18.2% in the 3rd quarter. Forsta AP Fonden now owns 70,100 shares of the real estate investment trust’s stock valued at $11,344,000 after acquiring an additional 10,800 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake 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 valued at $16,835,000 after acquiring an additional 89,052 shares during 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 worth $85,000 after purchasing an additional 66 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Activity at Digital Realty Trust

In related 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 value of $471,873.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.17% of the stock is owned by insiders.

Digital Realty Trust Price Performance

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

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

Analysts Set New Price Targets

Several brokerages recently issued reports on DLR. Citizens Jmp raised Digital Realty Trust to a “strong-buy” rating in a research report on Monday, January 27th. Scotiabank raised Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 price objective on the stock in a research note on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the company from $185.00 to $194.00 in a research report on Wednesday, January 15th. Stifel Nicolaus boosted their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Finally, UBS Group upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $147.00 to $205.00 in a research report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.95.

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.