Digital Realty Trust, Inc. (NYSE:DLR) Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 31.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 68,946 shares of the real estate investment trust’s stock after buying an additional 16,400 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Digital Realty Trust were worth $11,724,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. AEGON ASSET MANAGEMENT UK Plc grew its stake in Digital Realty Trust by 17.7% in the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust’s stock valued at $11,768,000 after acquiring an additional 9,959 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of Digital Realty Trust by 6.4% during the third quarter. Rockefeller Capital Management L.P. now owns 381,001 shares of the real estate investment trust’s stock worth $61,643,000 after purchasing an additional 23,028 shares in the last quarter. Cumberland Partners Ltd raised its position in shares of Digital Realty Trust by 207.3% during the 3rd quarter. Cumberland Partners Ltd now owns 46,595 shares of the real estate investment trust’s stock worth $7,540,000 after purchasing an additional 31,430 shares during the last quarter. Capital Investment Advisors LLC lifted its stake in Digital Realty Trust by 26.4% in the 4th quarter. Capital Investment Advisors LLC now owns 54,599 shares of the real estate investment trust’s stock valued at $9,682,000 after buying an additional 11,405 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its holdings in Digital Realty Trust by 53.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 16,561 shares of the real estate investment trust’s stock worth $2,937,000 after buying an additional 5,788 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Up 0.5 %

Shares of DLR opened at $168.07 on Friday. The company’s 50-day moving average price is $179.23 and its 200 day moving average price is $168.16. Digital Realty Trust, Inc. has a 12-month low of $131.42 and a 12-month high of $198.00. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. The firm has a market cap of $55.75 billion, a P/E ratio of 141.24, a price-to-earnings-growth ratio of 4.16 and a beta of 0.63.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. JMP Securities began coverage on Digital Realty Trust in a research report on Monday, January 27th. They issued an “outperform” rating and a $220.00 target price on the stock. TD Cowen lifted their target price on shares of Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. UBS Group upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and increased their target price for the company from $147.00 to $205.00 in a research report on Tuesday, January 7th. Wells Fargo & Company lowered 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. Finally, Jefferies Financial Group raised their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $179.70.

Insider Buying and Selling at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were 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 Securities & Exchange Commission, which is available at this hyperlink. Company 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.