Large Inflow of Money Detected in Digital Realty Trust

Digital Realty Trust (DLR) : Digital Realty Trust (DLR) had a healthy money flow of $5.13 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $32.47 million, whereas, investors only sold shares worth $27.34 million on downticks. The stock closed the day with an up-down ratio of 1.19.The money flow in the block trades to the tune of $3.19 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $3.19 million worth of transactions were on upticks. Digital Realty Trust (DLR) stock slid $1.11 intraday and traded at 104.89, a change of -1.05% over previous days close. However, for the week, the company shares are -1.57% compared to previous weeks close.


Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Digital Realty Trust (NYSE:DLR). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $91 per share to $108 per share. The rating by the firm was issued on July 7, 2016.

Digital Realty Trust (NYSE:DLR): The stock opened at $106.03 on Wednesday but the bulls could not build on the opening and the stock topped out at $106.50 for the day. The stock traded down to $103.81 during the day, due to lack of any buying support eventually closed down at $104.88 with a loss of -1.06% for the day. The stock had closed at $106.00 on the previous day. The total traded volume was 1,589,505 shares.

The stock has recorded a 20-day Moving Average of 2.49% and the 50-Day Moving Average is 3.86%. In a related news, Geoghegan Bernard, officer (Managing Director, EMEA & APAC) of Digital Realty Trust, Inc., unloaded 586 shares at an average price of $90.7 on May 4, 2016. The total amount of the transaction was worth $53,150, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Digital Realty Trust, Inc. is a real estate investment trust (REIT) that owns, acquires, develops and manages technology-related real estate. The Companys services include implementation services, remote hands services, data center infrastructure management (DCIM), client services and digital realty partner network. The Company is a sole general partner of Digital Realty Trust, L.P. As of December 31, 2014, Digital Realty Trust, Inc. owned 97.8% common general partnership interest in Digital Realty Trust, L.P. The remaining 2.2% common limited partnership interests are owned by non-affiliated investors and certain directors and officers of Digital Realty Trust, Inc. The Company focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology (IT) departments of Fortune 100 and financial services companies.

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