DLR

Why Are Digital Realty Trust (DLR) Shares Falling Today?

This afternoon we watched Digital Realty Trust drop -4.5% to a price of $104.96 per share. The large-cap Specialty Real Estate Investment Trust company is now trading -16.39% below its average target price of $125.53. Analysts have set target prices ranging from $88 to $175 per share for Digital Realty Trust, and have given the stock an average rating of buy.

The stock has an average amount of shares sold short at 3.6%, and a short ratio of 4.28. The company's insiders own 0.11% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 98.4% of Digital Realty Trust's shares being owned by this investor type.

Institutions Invested in Digital Realty Trust

Holder Shares Date Reported Percentage Value
Vanguard Group, Inc. (The) 45,428,164 2022-09-29 15.80% $4,763,142,926.00
Blackrock Inc. 26,183,888 2022-09-29 9.11% $2,745,380,616.00
Cohen & Steers Inc. 21,480,318 2022-09-29 7.47% $2,252,211,309.00
State Street Corporation 19,664,834 2022-09-29 6.84% $2,061,857,814.00
Apg Asset Management US Inc. 10,077,039 2022-09-29 3.50% $1,056,577,523.00
Geode Capital Management, LLC 5,908,997 2022-09-29 2.06% $619,558,326.00
Capital World Investors 5,742,510 2022-09-29 2.00% $602,102,164.00
Capital Research Global Investors 5,341,344 2022-09-29 1.86% $560,039,910.00
Capital International Investors 4,879,609 2022-09-29 1.70% $511,626,996.00
FMR, LLC 4,613,514 2022-09-29 1.60% $483,726,935.00

Top Mutual Funds Invested in Digital Realty Trust

Holder Shares Date Reported Percentage Value
Vanguard Specialized-Real Estate Index Fund 12,421,044 2022-07-30 4.32% $1,302,346,444.00
Vanguard Total Stock Market Index Fund 8,569,439 2022-09-29 2.98% $898,505,666.00
Vanguard Mid-Cap Index Fund 6,622,990 2022-09-29 2.30% $694,420,491.00
Vanguard 500 Index Fund 6,515,126 2022-09-29 2.27% $683,110,951.00
American Mutual Fund Inc 4,726,909 2022-09-29 1.64% $495,616,401.00
Washington Mutual Investors Fund 3,704,702 2022-09-29 1.29% $388,437,999.00
SPDR S&P 500 ETF Trust 3,178,963 2022-11-29 1.11% $333,314,265.00
Cohen & Steers Real Estate Securities Fund 3,097,957 2022-09-29 1.08% $324,820,786.00
Fidelity 500 Index Fund 3,118,824 2022-10-30 1.08% $327,008,691.00
Cohen & Steers Institutional Realty Shares Incorporated 2,822,416 2022-09-29 0.98% $295,930,313.00

Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Digital Realty Trust.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS