Legacy Capital Group California Inc. Has $533,000 Stock Position in Digital Realty Trust, Inc. (NYSE:DLR)

Legacy Capital Group California Inc. raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,678 shares of the real estate investment trust’s stock after purchasing an additional 129 shares during the quarter. Legacy Capital Group California Inc.’s holdings in Digital Realty Trust were worth $533,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. City State Bank acquired a new position in shares of Digital Realty Trust in the 2nd quarter worth approximately $25,000. First Financial Corp IN boosted its holdings in shares of Digital Realty Trust by 93.9% in the 2nd quarter. First Financial Corp IN now owns 221 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 107 shares in the last quarter. Wolff Wiese Magana LLC boosted its holdings in shares of Digital Realty Trust by 4,560.0% in the 2nd quarter. Wolff Wiese Magana LLC now owns 233 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 228 shares in the last quarter. Carolinas Wealth Consulting LLC boosted its holdings in shares of Digital Realty Trust by 156.1% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 274 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 167 shares in the last quarter. Finally, Clear Street Markets LLC boosted its holdings in shares of Digital Realty Trust by 28,900.0% in the 4th quarter. Clear Street Markets LLC now owns 290 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 289 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. StockNews.com raised Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Monday, November 13th. Deutsche Bank Aktiengesellschaft downgraded Digital Realty Trust from a “buy” rating to a “hold” rating and upped their price objective for the stock from $112.00 to $131.00 in a report on Friday, August 25th. Royal Bank of Canada upped their price objective on Digital Realty Trust from $125.00 to $140.00 and gave the stock an “outperformer” rating in a report on Monday, August 7th. Morgan Stanley reduced their price objective on Digital Realty Trust from $102.00 to $98.00 and set an “equal weight” rating on the stock in a report on Monday, October 23rd. Finally, Truist Financial upped their target price on shares of Digital Realty Trust from $130.00 to $138.00 and gave the company a “buy” rating in a research report on Wednesday, September 20th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $121.71.

Digital Realty Trust Stock Down 0.5 %

DLR stock traded down $0.62 during trading hours on Friday, reaching $134.53. 1,542,659 shares of the stock were exchanged, compared to its average volume of 2,436,599. The firm’s 50-day moving average is $124.30 and its 200-day moving average is $116.39. The company has a market cap of $40.74 billion, a price-to-earnings ratio of 46.87, a PEG ratio of 1.91 and a beta of 0.53. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.11 and a quick ratio of 1.11. Digital Realty Trust, Inc. has a 12 month low of $86.33 and a 12 month high of $136.55.

Digital Realty Trust Company Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data "meeting place" and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.