Northwestern Mutual Wealth Management Co. Acquires 700 Shares of Digital Realty Trust, Inc. (DLR)

Northwestern Mutual Wealth Management Co. raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 50.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,089 shares of the real estate investment trust’s stock after acquiring an additional 700 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Digital Realty Trust were worth $238,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in DLR. Cohen & Steers Inc. lifted its position in shares of Digital Realty Trust by 100.4% during the third quarter. Cohen & Steers Inc. now owns 13,229,368 shares of the real estate investment trust’s stock worth $1,565,431,000 after purchasing an additional 6,626,871 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Digital Realty Trust by 41.5% during the third quarter. Daiwa Securities Group Inc. now owns 6,474,187 shares of the real estate investment trust’s stock worth $766,091,000 after purchasing an additional 1,897,642 shares in the last quarter. AEW Capital Management L P lifted its position in shares of Digital Realty Trust by 295.4% during the third quarter. AEW Capital Management L P now owns 1,580,668 shares of the real estate investment trust’s stock worth $187,040,000 after purchasing an additional 1,180,868 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Digital Realty Trust by 79.3% during the third quarter. Ameriprise Financial Inc. now owns 2,332,689 shares of the real estate investment trust’s stock worth $276,860,000 after purchasing an additional 1,032,004 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Digital Realty Trust by 29.9% during the third quarter. Dimensional Fund Advisors LP now owns 2,888,529 shares of the real estate investment trust’s stock worth $341,788,000 after purchasing an additional 664,982 shares in the last quarter. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Digital Realty Trust, Inc. (NYSE:DLR) opened at $98.96 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.85. The stock has a market cap of $21,400.96, a price-to-earnings ratio of 17.42, a P/E/G ratio of 2.12 and a beta of -0.11. Digital Realty Trust, Inc. has a 12 month low of $98.91 and a 12 month high of $127.23.

DLR has been the topic of a number of recent research reports. ValuEngine raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a research report on Monday, October 30th. KeyCorp set a $130.00 target price on shares of Digital Realty Trust and gave the stock a “buy” rating in a research report on Sunday, October 29th. SunTrust Banks reissued a “buy” rating and set a $135.00 target price on shares of Digital Realty Trust in a research report on Friday, November 24th. Finally, Deutsche Bank raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a research report on Wednesday, January 10th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $122.94.

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About Digital Realty Trust

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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