Kintegral Advisory LLC Decreases Stake in Digital Realty Trust, Inc. (NYSE:DLR)

Kintegral Advisory LLC decreased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,482 shares of the real estate investment trust’s stock after selling 302 shares during the quarter. Kintegral Advisory LLC’s holdings in Digital Realty Trust were worth $1,158,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DLR. Private Advisor Group LLC raised its holdings in Digital Realty Trust by 8.6% in the 3rd quarter. Private Advisor Group LLC now owns 13,006 shares of the real estate investment trust’s stock valued at $2,105,000 after acquiring an additional 1,027 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of Digital Realty Trust by 20.9% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 10,516 shares of the real estate investment trust’s stock valued at $1,702,000 after purchasing an additional 1,815 shares in the last quarter. Dakota Wealth Management increased its holdings in shares of Digital Realty Trust by 19.2% in the third quarter. Dakota Wealth Management now owns 18,073 shares of the real estate investment trust’s stock valued at $2,925,000 after purchasing an additional 2,916 shares during the last quarter. Trueblood Wealth Management LLC lifted its position in Digital Realty Trust by 3.1% during the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock worth $334,000 after buying an additional 61 shares in the last quarter. Finally, Signet Investment Advisory Group Inc. boosted its stake in Digital Realty Trust by 2.7% during the third quarter. Signet Investment Advisory Group Inc. now owns 20,844 shares of the real estate investment trust’s stock worth $3,373,000 after buying an additional 556 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Down 3.9 %

Shares of DLR stock opened at $165.26 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The company has a 50 day moving average price of $173.51 and a 200 day moving average price of $169.58. The stock has a market capitalization of $54.82 billion, a P/E ratio of 102.01, a price-to-earnings-growth ratio of 4.38 and a beta of 0.63. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, topping 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%. Equities research analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Insiders Place Their Bets

In other 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 can be accessed through this link. 0.17% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on DLR shares. Stifel Nicolaus raised their target price on Digital Realty Trust from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Royal Bank of Canada raised their price objective on shares of Digital Realty Trust from $177.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Barclays boosted their target price on shares of Digital Realty Trust from $135.00 to $142.00 and gave the company an “underweight” rating in a report on Monday, November 18th. Scotiabank upgraded shares of 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 report on Tuesday, February 18th. Finally, Wells Fargo & Company reduced their price target on shares of Digital Realty Trust from $210.00 to $185.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. Two analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average 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.