Maven Securities LTD purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 30,000 shares of the real estate investment trust’s stock, valued at approximately $5,387,000.
Other institutional investors have also made changes to their positions in the company. Gables Capital Management Inc. bought a new position in Digital Realty Trust during the second quarter worth about $29,000. Sunbelt Securities Inc. grew its position in shares of Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 125 shares during the period. Bell Investment Advisors Inc increased its stake in shares of Digital Realty Trust by 56.9% in the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 62 shares during the last quarter. Solstein Capital LLC acquired a new stake in shares of Digital Realty Trust in the 2nd quarter valued at approximately $32,000. Finally, Harvest Fund Management Co. Ltd raised its position in shares of Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 165 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Barclays increased their target price 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. Royal Bank Of Canada lifted their price target on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Mizuho set a $223.00 price target on shares of Digital Realty Trust in a report on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $229.00 price objective on shares of Digital Realty Trust in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $219.45.
Insider Buying and Selling
In related news, Director Mark Patterson sold 200 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total value of $38,792.00. Following the completion of the transaction, the director directly owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. This represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.15% of the company’s stock.
Digital Realty Trust Price Performance
Shares of DLR opened at $189.56 on Wednesday. The stock has a 50 day simple moving average of $186.52 and a 200 day simple moving average of $186.77. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $70.33 billion, a PE ratio of 92.02, a P/E/G ratio of 3.61 and a beta of 1.02.
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced 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 company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business’s quarterly revenue was up 28.9% on a year-over-year basis. During the same quarter last year, the business posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Sell-side analysts predict that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.
Digital Realty Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust’s payout ratio is currently 236.89%.
Digital Realty Trust Profile
Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers around the world. The company provides the physical infrastructure businesses need to house information technology equipment, cloud-computing resources and critical digital systems.
Its services include data center colocation, hyperscale facilities, interconnection and related infrastructure solutions. Through its PlatformDIGITAL offering, Digital Realty helps customers connect to cloud providers, network operators, internet service providers, enterprises and other digital ecosystems.
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