Digital Realty Trust, Inc. (NYSE:DLR) Stake Boosted by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 6.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,937,283 shares of the real estate investment trust’s stock after purchasing an additional 115,632 shares during the period. Schwab Charles Investment Management Inc. owned 0.94% of Digital Realty Trust worth $220,657,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DLR. Amica Retiree Medical Trust purchased a new stake in Digital Realty Trust in the 3rd quarter worth about $102,000. Grove Bank & Trust increased its position in shares of Digital Realty Trust by 1,284.6% during the third quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock worth $106,000 after acquiring an additional 835 shares during the period. Thompson Siegel & Walmsley LLC increased its position in shares of Digital Realty Trust by 4,984.2% during the third quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock worth $114,000 after acquiring an additional 947 shares during the period. Sun Life Financial INC increased its position in shares of Digital Realty Trust by 12,844.4% during the second quarter. Sun Life Financial INC now owns 1,165 shares of the real estate investment trust’s stock worth $132,000 after acquiring an additional 1,156 shares during the period. Finally, Fieldpoint Private Securities LLC purchased a new position in shares of Digital Realty Trust during the third quarter worth approximately $134,000. 98.29% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently issued reports on DLR. Credit Suisse Group reissued a “hold” rating and set a $95.00 price objective on shares of Digital Realty Trust in a report on Tuesday, January 23rd. SunTrust Banks restated a “buy” rating and issued a $135.00 target price on shares of Digital Realty Trust in a research note on Friday, November 24th. Zacks Investment Research upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $130.00 target price for the company in a research note on Monday, October 30th. Deutsche Bank upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $130.00 target price for the company in a research note on Wednesday, January 10th. Finally, KeyCorp set a $130.00 price objective on shares of Digital Realty Trust and gave the stock a “buy” rating in a research note on Sunday, October 29th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company. Digital Realty Trust currently has an average rating of “Buy” and a consensus price target of $122.94.

Shares of Digital Realty Trust, Inc. (DLR) opened at $105.05 on Tuesday. The company has a market cap of $21,580.00, a PE ratio of 85.41, a PEG ratio of 2.08 and a beta of -0.11. Digital Realty Trust, Inc. has a one year low of $98.28 and a one year high of $127.23. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.46 and a current ratio of 0.46.

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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.

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

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