UBS Asset Management Americas Inc. Buys 97,383 Shares of Digital Realty Trust, Inc. (DLR)

UBS Asset Management Americas Inc. grew its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 11.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 965,803 shares of the real estate investment trust’s stock after buying an additional 97,383 shares during the period. UBS Asset Management Americas Inc. owned 0.47% of Digital Realty Trust worth $110,005,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. BlackRock Inc. increased its stake in shares of Digital Realty Trust by 1.2% in the fourth quarter. BlackRock Inc. now owns 20,182,465 shares of the real estate investment trust’s stock valued at $2,298,785,000 after buying an additional 238,690 shares during the period. Cohen & Steers Inc. increased its stake in shares of Digital Realty Trust by 100.4% in the third quarter. Cohen & Steers Inc. now owns 13,229,368 shares of the real estate investment trust’s stock valued at $1,565,431,000 after buying an additional 6,626,871 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of Digital Realty Trust by 41.5% in the third quarter. Daiwa Securities Group Inc. now owns 6,474,187 shares of the real estate investment trust’s stock valued at $766,091,000 after buying an additional 1,897,642 shares during the period. PGGM Investments increased its stake in shares of Digital Realty Trust by 1.1% in the fourth quarter. PGGM Investments now owns 2,957,000 shares of the real estate investment trust’s stock valued at $336,802,000 after buying an additional 33,169 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Digital Realty Trust by 29.9% in the third quarter. Dimensional Fund Advisors LP now owns 2,888,529 shares of the real estate investment trust’s stock valued at $341,788,000 after buying an additional 664,982 shares during the period. 97.86% of the stock is owned by institutional investors.

DLR has been the subject of several recent research reports. Wells Fargo & Co raised Digital Realty Trust from a “market perform” rating to an “outperform” rating and increased their price target for the company from $109.31 to $120.00 in a research note on Friday, December 22nd. SunTrust Banks reissued a “buy” rating and issued a $140.00 price target on shares of Digital Realty Trust in a research note on Friday, November 17th. Zacks Investment Research raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $130.00 price target for the company in a research note on Monday, October 30th. Deutsche Bank increased their price target on Digital Realty Trust from $111.00 to $130.00 and gave the company a “hold” rating in a research note on Thursday, October 26th. Finally, Jefferies Group reissued a “hold” rating and issued a $120.00 price target on shares of Digital Realty Trust in a research note on Tuesday, October 24th. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $122.19.

Shares of Digital Realty Trust, Inc. (DLR) opened at $99.58 on Wednesday. Digital Realty Trust, Inc. has a one year low of $98.28 and a one year high of $127.23. The company has a market capitalization of $20,999.06, a P/E ratio of 98.60, a P/E/G ratio of 2.07 and a beta of -0.11. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.46 and a current ratio of 0.25.

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Digital Realty Trust Company 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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