In a filing, Digital Realty Trust Inc. revealed its CHIEF HUMAN RESOURCES OFFICER Fiedelman Cindy unloaded Company’s shares for reported $0.35 million on Jul 28. In the deal valued at $125.00 per share,2,770 shares were sold. As a result of this transaction, Fiedelman Cindy now holds 0 shares worth roughly $ 0.0.
Then, Olson Peter C. sold 700 shares, generating $73,969 in total proceeds. Upon selling the shares at $105.67, the CHIEF ACCOUNTING OFFICER now owns 7,134 shares.
Before that, MANDEVILLE JEAN F H P sold 1,500 shares. Digital Realty Trust Inc. shares valued at $146,205 were divested by the Director at a price of $97.47 per share. As a result of the transaction, MANDEVILLE JEAN F H P now holds 10,176 shares, worth roughly $1.33 million.
Deutsche Bank downgraded its Digital Realty Trust Inc. [DLR] rating to a Hold from a a Buy in a research note published on Tuesday, August 25, 2023; the price target was increased to $131 from $112. PT values the company’s stock at a premium of 0.23 to its Tuesday closing price.
Price Performance Review of DLR
On Tuesday, Digital Realty Trust Inc. [NYSE:DLR] saw its stock fall -1.07% to $130.70. On the same session, the stock had its day’s lowest price of $129.841, but rose to a high of $132.05. Over the last five days, the stock has gained 2.79%. Digital Realty Trust Inc. shares have risen nearly 30.35% since the year began. Nevertheless, the stocks have risen 7.13% over the past one year. While a 52-week high of $133.39 was reached on 09/01/23, a 52-week low of $85.76 was recorded on 05/24/23. SMA at 50 days reached $120.37, while 200 days put it at $107.16. A total of 2.27 million shares were traded, compared to the trading of 1.25 million shares in the previous session.
Levels Of Support And Resistance For DLR Stock
The 24-hour chart illustrates a support level at 129.68, which if violated will result in even more drops to 128.65. On the upside, there is a resistance level at 131.89. A further resistance level may holdings at 133.07. The Relative Strength Index (RSI) on the 14-day chart is 67.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.94, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.20%. Stochastics %K at 87.51% indicates the stock is a selling.
How much short interest is there in Digital Realty Trust Inc.?
A steep rise in short interest was recorded in Digital Realty Trust Inc. stocks on Aug 14, 2023, dropping by -0.78 million shares to a total of 16.73 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 17.51 million shares. There was a decline of -4.66%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 6.54% of the overall stock float, the days-to-cover ratio (short ratio) fell to 6.4.
Digital Realty Trust Inc. [DLR] – Who Are The Largest Shareholders?
In filings from The Vanguard Group, Inc., it is revealed that the company now owns 44,979,244 shares, or roughly 15.44% of the outstanding DLR shares. In other words, the investor’s shares have fallen by -516,661 from its previous 13-F filing of 45495905.0. Additionally, Cohen & Steers Capital Management decreased -6.77% of its stake after which the total value it holdings stand at $3,721,150,458, while SSgA Funds Management, Inc. added 2.31% of its stake to hold $2.57 billion in the firm. Over the last quarter, BlackRock Fund Advisors purchased 1,996,358 shares of Digital Realty Trust Inc., while APG Asset Management US, Inc. bought -466,683 shares. At present, Geode Capital Management LLC is holding 7,112,088 shares valued at $886.31 million. Principal Global Investors LLC owned 5,757,719 shares of the company at the time of its most recent 13F filing, worth $717.53 million.
According to FactSet, Digital Realty Trust Inc.’s share price will average $124.06 in the next year, based on opinions of analysts polled by the firm. This is down nearly -1.22 percent from its previous closing price of $132.11. Analysts expect Digital Realty Trust Inc. stock to reach the higher price of $144.00, while the lowest price estimate is $94.00. However, 21 analysts have rated DLR stock as an Overweight in their predictions for 2023.