Forsta AP Fonden Sells 24,600 Shares of Digital Realty Trust, Inc. (DLR)

Forsta AP Fonden cut its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 30.0% during the fourth quarter, Holdings Channel reports. The fund owned 57,484 shares of the real estate investment trust’s stock after selling 24,600 shares during the period. Forsta AP Fonden’s holdings in Digital Realty Trust were worth $6,547,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Pacer Advisors Inc. boosted its position in Digital Realty Trust by 10.4% during the third quarter. Pacer Advisors Inc. now owns 4,298 shares of the real estate investment trust’s stock worth $509,000 after acquiring an additional 405 shares during the last quarter. Commerce Bank boosted its holdings in Digital Realty Trust by 4.1% in the 3rd quarter. Commerce Bank now owns 10,617 shares of the real estate investment trust’s stock valued at $1,256,000 after purchasing an additional 415 shares during the last quarter. LS Investment Advisors LLC boosted its holdings in Digital Realty Trust by 8.3% in the 3rd quarter. LS Investment Advisors LLC now owns 6,558 shares of the real estate investment trust’s stock valued at $776,000 after purchasing an additional 500 shares during the last quarter. DnB Asset Management AS boosted its holdings in Digital Realty Trust by 2.6% in the 4th quarter. DnB Asset Management AS now owns 19,721 shares of the real estate investment trust’s stock valued at $2,246,000 after purchasing an additional 500 shares during the last quarter. Finally, Hall Capital Management Co. Inc. boosted its holdings in Digital Realty Trust by 13.3% in the 3rd quarter. Hall Capital Management Co. Inc. now owns 4,905 shares of the real estate investment trust’s stock valued at $580,000 after purchasing an additional 575 shares during the last quarter. Hedge funds and other institutional investors own 98.29% of the company’s stock.

Several equities analysts have weighed in on DLR shares. ValuEngine upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Wells Fargo & Co upgraded shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $109.31 to $120.00 in a report on Friday, December 22nd. Barclays decreased their target price on shares of Digital Realty Trust from $139.00 to $136.00 and set an “overweight” rating on the stock in a report on Tuesday, January 30th. Zacks Investment Research lowered shares of Digital Realty Trust from a “hold” rating to a “sell” rating in a report on Monday, January 15th. Finally, TheStreet lowered shares of Digital Realty Trust from a “b” rating to a “c+” rating in a report on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the company. Digital Realty Trust presently has an average rating of “Buy” and an average price target of $122.50.

Digital Realty Trust, Inc. (DLR) opened at $105.27 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.85. Digital Realty Trust, Inc. has a fifty-two week low of $98.28 and a fifty-two week high of $127.23. The company has a market cap of $21,596.13, a P/E ratio of 84.90, a PEG ratio of 2.14 and a beta of -0.11.

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Digital Realty Trust 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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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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