Wealthfront Advisers LLC Takes $8.88 Million Position in Digital Realty Trust, Inc. $DLR

Wealthfront Advisers LLC acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, Holdings Channel reports. The institutional investor acquired 49,421 shares of the real estate investment trust’s stock, valued at approximately $8,875,000.

Several other large investors have also made changes to their positions in the business. Cherry Creek Investment Advisors Inc. boosted its stake in Digital Realty Trust by 0.3% during the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock valued at $3,378,000 after purchasing an additional 51 shares during the period. Columbia Bank increased its position in Digital Realty Trust by 0.9% in the 1st quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock worth $1,111,000 after buying an additional 53 shares during the period. GHP Investment Advisors Inc. boosted its position in shares of Digital Realty Trust by 9.1% in the first quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock valued at $118,000 after acquiring an additional 55 shares during the period. South Plains Financial Inc. boosted its position in shares of Digital Realty Trust by 25.7% in the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 56 shares during the period. Finally, Twin Capital Management Inc. grew its stake in shares of Digital Realty Trust by 1.1% in the first quarter. Twin Capital Management Inc. now owns 5,618 shares of the real estate investment trust’s stock worth $1,012,000 after acquiring an additional 59 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of NYSE DLR opened at $192.21 on Thursday. The business has a fifty day simple moving average of $186.53 and a 200 day simple moving average of $185.18. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $71.13 billion, a price-to-earnings ratio of 93.31, a PEG ratio of 5.53 and a beta of 1.03. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period last year, the business earned $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Sell-side analysts expect that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 236.89%.

Analysts Set New Price Targets

Several equities analysts recently commented on DLR shares. JPMorgan Chase & Co. upped their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. Jefferies Financial Group raised their price target on shares of Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Barclays boosted their price objective on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 1st. Weiss Ratings lowered shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 12th. Finally, TD Cowen upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the company from $192.00 to $222.00 in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $219.45.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.