Leavell Investment Management Inc. Purchases 7,781 Shares of Digital Realty Trust, Inc. (NYSE:DLR)

Leavell Investment Management Inc. grew its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 74.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,283 shares of the real estate investment trust’s stock after purchasing an additional 7,781 shares during the period. Leavell Investment Management Inc.’s holdings in Digital Realty Trust were worth $3,262,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FNY Investment Advisers LLC bought a new stake in Digital Realty Trust in the fourth quarter worth $35,000. Versant Capital Management Inc boosted its stake in shares of Digital Realty Trust by 480.6% during the fourth quarter. Versant Capital Management Inc now owns 209 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 173 shares during the period. First Financial Corp IN bought a new position in shares of Digital Realty Trust in the fourth quarter worth approximately $42,000. Crews Bank & Trust bought a new stake in Digital Realty Trust during the 4th quarter valued at $42,000. Finally, Dunhill Financial LLC boosted its holdings in shares of Digital Realty Trust by 84.4% during the third quarter. Dunhill Financial LLC now owns 271 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 124 shares during the period. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Down 1.5 %

NYSE:DLR opened at $163.12 on Thursday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.61 and a current ratio of 1.61. The firm has a market cap of $54.11 billion, a P/E ratio of 137.08, a P/E/G ratio of 4.27 and a beta of 0.63. Digital Realty Trust, Inc. has a fifty-two week low of $131.42 and a fifty-two week high of $198.00. The firm has a 50-day simple moving average of $177.10 and a two-hundred day simple moving average of $168.72.

Analyst Upgrades and Downgrades

DLR has been the subject of a number of recent analyst reports. TD Cowen upped their price target on Digital Realty Trust from $120.00 to $128.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Royal Bank of Canada raised their price target on Digital Realty Trust from $177.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Raymond James boosted their price objective on shares of Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a research report on Friday, October 25th. JMP Securities reissued a “market outperform” rating and issued a $220.00 price target on shares of Digital Realty Trust in a research note on Monday. Finally, JPMorgan Chase & Co. lifted their price objective on Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, October 25th. Two analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average target price of $179.70.

Insider Activity

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 transaction of $471,873.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.17% of the company’s stock.

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.