NFSG Corp lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 1,716.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,285 shares of the real estate investment trust’s stock after acquiring an additional 4,994 shares during the quarter. NFSG Corp’s holdings in Digital Realty Trust were worth $928,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently made changes to their positions in the stock. Gables Capital Management Inc. acquired a new position in shares of Digital Realty Trust in the second quarter worth approximately $29,000. Bell Investment Advisors Inc increased its position in Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 62 shares during the period. First Community Trust NA acquired a new stake in Digital Realty Trust during the 3rd quarter valued at approximately $31,000. Ashurst Perkins Coie Trust Co bought a new position in Digital Realty Trust during the 3rd quarter worth approximately $31,000. Finally, Solstein Capital LLC bought a new position in Digital Realty Trust during the 2nd quarter worth approximately $32,000. 99.71% of the stock is currently owned by institutional investors.
Digital Realty Trust Stock Up 1.2%
Shares of Digital Realty Trust stock opened at $174.23 on Friday. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The stock’s 50-day moving average is $185.40 and its 200 day moving average is $187.23. The firm has a market cap of $64.64 billion, a price-to-earnings ratio of 84.58, a PEG ratio of 3.30 and a beta of 0.99.
Digital Realty Trust (NYSE:DLR – Get Free Report) last released 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 business 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 company’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities research analysts anticipate that Digital Realty Trust, Inc. will post 8.40 EPS for the current year.
Digital Realty Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is presently 236.89%.
Insider Activity at Digital Realty Trust
In other news, Director Mark Patterson sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the completion of the sale, the director owned 6,322 shares of the company’s stock, valued at $1,226,215.12. This trade represents a 3.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.15% of the stock is currently owned by company insiders.
Analyst Ratings Changes
A number of research analysts have recently issued reports on DLR shares. Royal Bank Of Canada boosted 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. Rothschild & Co Redburn started coverage on shares of Digital Realty Trust in a research report on Monday, September 21st. They set a “buy” rating and a $227.00 price objective for the company. BTIG Research increased their price objective on shares of Digital Realty Trust from $215.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, September 10th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Finally, JPMorgan Chase & Co. boosted their target price 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. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $219.69.
Digital Realty Trust Profile
Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers and related digital infrastructure. The company provides facilities and technology environments that support the computing, storage, networking and connectivity needs of enterprises, cloud service providers, telecommunications companies and other organizations.
Through its PlatformDIGITAL platform, Digital Realty offers data center colocation, interconnection and hyperscale data center solutions.
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