Chronos Wealth Management LLC Has $5.31 Million Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Chronos Wealth Management LLC raised its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 0.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,965 shares of the real estate investment trust’s stock after acquiring an additional 70 shares during the quarter. Digital Realty Trust makes up approximately 2.7% of Chronos Wealth Management LLC’s investment portfolio, making the stock its 17th largest position. Chronos Wealth Management LLC’s holdings in Digital Realty Trust were worth $5,314,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in DLR. AEGON ASSET MANAGEMENT UK Plc grew its stake in shares of Digital Realty Trust by 17.7% during the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 66,374 shares of the real estate investment trust’s stock worth $11,768,000 after buying an additional 9,959 shares during the last quarter. Rockefeller Capital Management L.P. boosted 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 valued at $61,643,000 after purchasing an additional 23,028 shares in the last quarter. Cumberland Partners Ltd increased its stake in shares of Digital Realty Trust by 207.3% in the third quarter. Cumberland Partners Ltd now owns 46,595 shares of the real estate investment trust’s stock valued at $7,540,000 after buying an additional 31,430 shares during the period. Capital Investment Advisors LLC raised its holdings 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 during the last quarter. Finally, Harbor Investment Advisory LLC grew its holdings in Digital Realty Trust by 53.7% during 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 acquiring an additional 5,788 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Digital Realty Trust news, CFO Matt Mercier sold 2,518 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $187.40, for a total value of $471,873.20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.17% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on DLR shares. Barclays lifted their price target on shares of Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a report on Monday, November 18th. JPMorgan Chase & Co. lifted their price objective on Digital Realty Trust from $180.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. Evercore ISI raised their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Raymond James upped 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 note on Friday, October 25th. Finally, JMP Securities started coverage on shares of Digital Realty Trust in a research note on Monday, January 27th. They set an “outperform” rating and a $220.00 target price for the company. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $179.70.

Digital Realty Trust Stock Up 0.0 %

DLR opened at $168.19 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $131.42 and a fifty-two week high of $198.00. The company’s 50-day moving average is $178.69 and its 200 day moving average is $168.16. The firm has a market capitalization of $55.79 billion, a P/E ratio of 141.34, a PEG ratio of 4.16 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 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.