363 Shares in Digital Realty Trust, Inc. (NYSE:DLR) Bought by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 363 shares of the real estate investment trust’s stock, valued at approximately $64,000.

A number of other large investors have also recently bought and sold shares of DLR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Digital Realty Trust by 501.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,326,914 shares of the real estate investment trust’s stock worth $700,224,000 after purchasing an additional 3,607,802 shares during the period. Pathway Financial Advisers LLC raised its position in Digital Realty Trust by 15,301.1% during the 3rd quarter. Pathway Financial Advisers LLC now owns 1,850,292 shares of the real estate investment trust’s stock worth $299,433,000 after buying an additional 1,838,278 shares during the last quarter. Point72 Asset Management L.P. purchased a new position in Digital Realty Trust during the 3rd quarter worth $132,980,000. Sycomore Asset Management purchased a new position in Digital Realty Trust during the 3rd quarter worth $80,915,000. Finally, abrdn plc raised its position in Digital Realty Trust by 17.3% during the 3rd quarter. abrdn plc now owns 1,955,741 shares of the real estate investment trust’s stock worth $315,999,000 after buying an additional 288,772 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $165.49 on Wednesday. Digital Realty Trust, Inc. has a 12-month low of $131.42 and a 12-month high of $198.00. The stock has a market capitalization of $54.90 billion, a P/E ratio of 139.07, a P/E/G ratio of 4.27 and a beta of 0.63. The firm’s 50-day moving average is $174.97 and its two-hundred day moving average is $169.16. 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 (NYSE:DLR) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. Equities analysts predict that Digital Realty Trust, Inc. will post 6.71 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction that occurred on 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 link. 0.17% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on DLR shares. Raymond James upped their price objective on shares of Digital Realty Trust from $170.00 to $190.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 25th. Deutsche Bank Aktiengesellschaft upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price objective for the stock from $185.00 to $194.00 in a research report on Wednesday, January 15th. Truist Financial upped their price objective on shares of Digital Realty Trust from $168.00 to $202.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Stifel Nicolaus increased their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Finally, Jefferies Financial Group increased their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $179.95.

Digital Realty Trust Company 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.