DLR

DLR Bucks Yearly Trend, Surges Upwards Today.

This afternoon we watched Digital Realty Trust rise 1.5% to a price of $108.81 per share. The large-cap Specialty Real Estate Investment Trust company is now trading -7.79% below its average target price of $118.0. Analysts have set target prices ranging from $80.0 to $175.0 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 6.7%, and a short ratio of 5.72. 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 102.0% of Digital Realty Trust's shares being owned by this investor type.

Institutions Invested in Digital Realty Trust

Date Reported Holder Percentage Shares Value
2023-03-31 Vanguard Group, Inc. (The) 16% 46,949,011 $5,108,287,156
2023-03-31 Cohen & Steers Inc. 11% 32,028,465 $3,484,857,144
2023-03-31 Blackrock Inc. 9% 27,569,868 $2,999,739,496
2023-03-31 State Street Corporation 7% 20,131,762 $2,190,436,370
2023-03-31 Apg Asset Management US Inc. 3% 10,020,960 $1,090,330,555
2023-03-31 Principal Financial Group, Inc. 2% 7,170,504 $780,186,689
2023-03-31 Daiwa Securities Group Inc. 2% 6,100,440 $663,758,376
2023-03-31 Geode Capital Management, LLC 2% 6,032,301 $656,344,512
2023-03-31 FMR, LLC 2% 5,875,817 $639,318,270
2023-03-31 Morgan Stanley 2% 5,059,105 $550,455,921

Besides an analyst consensus of some upside potential, other market factors point to there being mixed 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.

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