DLR

Shares of Digital Realty Trust Are Plummeting - Will This Trend Continue?

Digital Realty Trust stock is trading -5.55% below its average target price of $145.63 after dropping -2.2% during today's morning session. Analysts are giving the Large-Cap Specialty Real Estate Investment Trust company an average rating of buy and target prices ranging from $108.0 to $170.0 per share.

Digital Realty Trust's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.8%. The stock's short ratio is 5.9. At 0.1%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.

Another number to watch is the company's rate of institutional share ownership, which now stands at 102.5%. In conclusion, we believe there is mixed market sentiment regarding Digital Realty Trust.

Institutions Invested in Digital Realty Trust

Date Reported Holder Percentage Shares Value
2023-12-31 Vanguard Group Inc 15% 47,552,026 $6,540,781,321
2023-12-31 Blackrock Inc. 11% 33,064,393 $4,548,007,358
2023-12-31 Cohen & Steers Inc. 7% 22,464,150 $3,089,943,901
2023-12-31 State Street Corporation 7% 21,191,985 $2,914,957,601
2023-12-31 Norges Bank Investment Management 5% 15,915,369 $2,189,159,054
2023-12-31 Bank of America Corporation 3% 9,709,681 $1,335,566,651
2023-12-31 Apg Asset Management US Inc. 3% 9,255,030 $1,273,029,404
2023-12-31 Geode Capital Management, LLC 2% 7,698,508 $1,058,929,798
2023-12-31 FMR, LLC 2% 6,864,458 $944,206,218
2023-12-31 JP Morgan Chase & Company 2% 5,946,918 $817,998,589
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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