Novare Capital Management LLC Has $3.81 Million Holdings in Digital Realty Trust, Inc. (NYSE:DLR)

Novare Capital Management LLC decreased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,474 shares of the real estate investment trust’s stock after selling 1,073 shares during the period. Novare Capital Management LLC’s holdings in Digital Realty Trust were worth $3,813,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Amica Retiree Medical Trust bought a new position in shares of Digital Realty Trust during the 3rd quarter valued at about $102,000. Grove Bank & Trust boosted its position in shares of Digital Realty Trust by 1,284.6% during the 3rd quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock valued at $106,000 after purchasing an additional 835 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its position in shares of Digital Realty Trust by 4,984.2% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock valued at $114,000 after purchasing an additional 947 shares in the last quarter. Fieldpoint Private Securities LLC bought a new position in shares of Digital Realty Trust during the 3rd quarter valued at about $134,000. Finally, Investment Counselors of Maryland LLC bought a new position in shares of Digital Realty Trust during the 3rd quarter valued at about $154,000. Institutional investors own 98.29% of the company’s stock.

Digital Realty Trust, Inc. (DLR) traded down $0.99 during midday trading on Thursday, hitting $104.28. 390,525 shares of the stock were exchanged, compared to its average volume of 1,579,819. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $21,410.00, a price-to-earnings ratio of 84.37, a price-to-earnings-growth ratio of 2.14 and a beta of -0.11. Digital Realty Trust, Inc. has a 1-year low of $98.28 and a 1-year high of $127.23.

Several research firms have recently weighed in on DLR. ValuEngine lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Deutsche Bank raised their target price on shares of Digital Realty Trust from $111.00 to $130.00 and gave the stock a “hold” rating in a report on Thursday, October 26th. Zacks Investment Research cut shares of Digital Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. Jefferies Group reiterated a “hold” rating and issued a $120.00 target price on shares of Digital Realty Trust in a report on Tuesday, October 24th. Finally, TheStreet cut shares of Digital Realty Trust from a “b” rating to a “c+” rating in a report on Monday, October 30th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the stock. Digital Realty Trust has an average rating of “Buy” and an average price target of $122.50.

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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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