Large Inflow of Money Detected in Digital Realty Trust

Digital Realty Trust (DLR) : On Tuesday, The money flowed into the Digital Realty Trust (DLR) stock with an uptick to downtick ratio was recorded at 3.47. Transactions worth $1.98 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.57 million. The total money flow into the stock was $1.41 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.1 million of block transactions on upticks. The total money flow in block trades was $0 million. In terms of price action, Digital Realty Trust (DLR) traded down $0.62 during the session at $100.06. Compared to the previous days closing, the stock was down only by -0.62%. For the week, the stock is 0.6%, over previous weeks closing.


Also, In the latest statement by the brokerage house, Barclays maintains its outlook on Digital Realty Trust (NYSE:DLR). The current rating of the shares is Overweight, according to the research report released by the firm. The brokerage firm raises the price target from $118 per share to $126 per share. The rating by the firm was issued on August 12, 2016.

Digital Realty Trust Inc. has lost 0.63% in the last five trading days and dropped 7.18% in the last 4 weeks. Digital Realty Trust Inc. is up 4.49% in the last 3-month period. Year-to-Date the stock performance stands at 33.46%.

Digital Realty Trust (NYSE:DLR): The stock opened at $100.76 on Tuesday but the bulls could not build on the opening and the stock topped out at $100.86 for the day. The stock traded down to $98.66 during the day, due to lack of any buying support eventually closed down at $99.02 with a loss of -1.65% for the day. The stock had closed at $100.68 on the previous day. The total traded volume was 1,073,279 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Sr. Vice President, Controller) of Digital Realty Trust, Inc., Sham Edward F, had purchased 113 shares in a transaction dated on February 29, 2016. The transaction was executed at $63.68 per share with total amount equaling $7,196.

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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