Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC lowered its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 99.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,548 shares of the real estate investment trust’s stock after selling 1,838,744 shares during the period. Pathway Financial Advisers LLC’s holdings in Digital Realty Trust were worth $2,048,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DLR. Clear Creek Financial Management LLC grew its stake in Digital Realty Trust by 1.6% in the 3rd quarter. Clear Creek Financial Management LLC now owns 3,836 shares of the real estate investment trust’s stock worth $621,000 after acquiring an additional 59 shares during the period. OneDigital Investment Advisors LLC boosted its holdings in shares of Digital Realty Trust by 3.2% during the third 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 during the last quarter. Trueblood Wealth Management LLC grew its position in shares of Digital Realty Trust by 3.1% in the third quarter. Trueblood Wealth Management LLC now owns 2,061 shares of the real estate investment trust’s stock valued at $334,000 after purchasing an additional 61 shares during the period. Stolper Co increased its stake in 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 during the last quarter. Finally, Bleakley Financial Group LLC lifted its position in Digital Realty Trust by 1.5% during the fourth quarter. Bleakley Financial Group LLC now owns 4,336 shares of the real estate investment trust’s stock worth $769,000 after buying an additional 64 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Activity

In other news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction that occurred on 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 is available through this link. Company insiders own 0.17% of the company’s stock.

Digital Realty Trust Trading Down 1.5 %

DLR opened at $163.12 on Thursday. The stock has a market capitalization of $54.11 billion, a PE ratio of 137.08, a P/E/G ratio of 4.27 and a beta of 0.63. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. Digital Realty Trust, Inc. has a 12-month low of $131.42 and a 12-month high of $198.00. The firm’s fifty day moving average price is $176.55 and its 200 day moving average price is $168.69.

Analysts Set New Price Targets

DLR has been the subject of several recent analyst reports. Citizens Jmp upgraded Digital Realty Trust to a “strong-buy” rating in a report on Monday, January 27th. Barclays upped their price target on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research report on Monday, November 18th. Wells Fargo & Company decreased 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 report on Tuesday, February 4th. TD Cowen upped their price objective on Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Finally, Raymond James lifted their target price on Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $179.70.

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.