Allegis Investment Advisors LLC Acquires 1,462 Shares of Digital Realty Trust, Inc. (DLR)

Allegis Investment Advisors LLC increased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 49.3% during the fourth quarter, HoldingsChannel reports. The firm owned 4,429 shares of the real estate investment trust’s stock after acquiring an additional 1,462 shares during the quarter. Allegis Investment Advisors LLC’s holdings in Digital Realty Trust were worth $504,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DLR. Macquarie Group Ltd. boosted its stake in Digital Realty Trust by 1.8% in the 2nd quarter. Macquarie Group Ltd. now owns 56,159 shares of the real estate investment trust’s stock worth $6,343,000 after purchasing an additional 1,000 shares in the last quarter. Moors & Cabot Inc. bought a new position in Digital Realty Trust in the 2nd quarter worth about $225,000. Americafirst Capital Management LLC bought a new position in Digital Realty Trust in the 2nd quarter worth about $913,000. Nomura Holdings Inc. bought a new position in Digital Realty Trust in the 2nd quarter worth about $1,410,000. Finally, Scotia Capital Inc. boosted its stake in Digital Realty Trust by 1.7% in the 2nd quarter. Scotia Capital Inc. now owns 10,399 shares of the real estate investment trust’s stock worth $1,175,000 after purchasing an additional 170 shares in the last quarter. Institutional investors own 98.41% of the company’s stock.

Digital Realty Trust, Inc. (DLR) opened at $98.96 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.46 and a current ratio of 0.46. The stock has a market cap of $20,330.00, a PE ratio of 80.46, a price-to-earnings-growth ratio of 2.12 and a beta of -0.11. Digital Realty Trust, Inc. has a one year low of $98.91 and a one year high of $127.23.

DLR has been the topic of a number of analyst reports. Wells Fargo & Co upgraded shares of Digital Realty Trust from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $109.31 to $120.00 in a research note on Friday, December 22nd. SunTrust Banks reiterated 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 upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a research note on Monday, October 30th. Deutsche Bank upped their price target on shares of Digital Realty Trust from $111.00 to $130.00 and gave the stock a “hold” rating in a research note on Thursday, October 26th. Finally, Jefferies Group reiterated a “hold” rating and issued a $120.00 price target on shares of Digital Realty Trust in a research note on Tuesday, October 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $122.94.

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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.

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

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