After this afternoon's 2.7% surge to $181.74 per share, Digital Realty Trust might just keep moving past its target price of $182.74. With an average analyst rating of buy, and target prices from $114.0 to $226.0, the stock's next move is anyone's guess.
The stock has an average amount of shares sold short at 2.8%, and a short ratio of 3.43. At 0.03%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that a significant number of institutional investors are invested in the stock, with 100.7% of Digital Realty Trust's shares being owned by this investor type.
Institutions Invested in Digital Realty Trust
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 15% | 50,983,363 | $9,265,716,671 |
| 2024-09-30 | Blackrock Inc. | 10% | 33,782,630 | $6,139,655,361 |
| 2024-09-30 | Cohen & Steers Inc. | 7% | 24,580,325 | $4,467,228,400 |
| 2024-09-30 | State Street Corporation | 6% | 19,366,185 | $3,519,610,568 |
| 2024-06-30 | Norges Bank Investment Management | 6% | 18,458,021 | $3,354,560,837 |
| 2024-09-30 | JP Morgan Chase & Company | 3% | 11,178,180 | $2,031,522,494 |
| 2024-09-30 | Bank of America Corporation | 3% | 10,639,168 | $1,933,562,450 |
| 2024-09-30 | Apg Asset Management US Inc. | 3% | 9,217,572 | $1,675,201,585 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 8,245,945 | $1,498,618,089 |
| 2024-09-30 | Daiwa Securities Group Inc. | 1% | 4,843,432 | $880,245,358 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Digital Realty Trust.
