D.A. Davidson & CO. increased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 7.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 26,281 shares of the real estate investment trust’s stock after purchasing an additional 1,873 shares during the period. D.A. Davidson & CO.’s holdings in Digital Realty Trust were worth $2,993,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in DLR. Amica Retiree Medical Trust bought a new stake in Digital Realty Trust in the third quarter worth $102,000. Grove Bank & Trust boosted its holdings in Digital Realty Trust by 1,284.6% in the third quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock worth $106,000 after acquiring an additional 835 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its holdings in Digital Realty Trust by 4,984.2% in the third quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock worth $114,000 after acquiring an additional 947 shares in the last quarter. Fieldpoint Private Securities LLC bought a new stake in Digital Realty Trust in the third quarter worth $134,000. Finally, Investment Counselors of Maryland LLC bought a new stake in Digital Realty Trust in the third quarter worth $154,000. 98.29% of the stock is currently owned by institutional investors and hedge funds.
Several research firms have commented on DLR. TheStreet raised Digital Realty Trust from a “c+” rating to a “b” rating in a report on Thursday. Deutsche Bank dropped their target price on Digital Realty Trust from $130.00 to $125.00 and set a “buy” rating on the stock in a report on Friday. Citigroup raised Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $105.12 to $120.00 in a report on Wednesday. Barclays dropped their target price on Digital Realty Trust from $139.00 to $136.00 and set an “overweight” rating on the stock in a report on Tuesday, January 30th. Finally, UBS Group raised Digital Realty Trust from a “sell” rating to a “neutral” rating and set a $112.00 target price on the stock in a report on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $122.19.
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Digital Realty Trust Company Profile
Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.
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