Pension & Wealth Management Advisors Inc. Purchases 3,209 Shares of Digital Realty Trust, Inc. $DLR

Pension & Wealth Management Advisors Inc. bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,209 shares of the real estate investment trust’s stock, valued at approximately $563,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cherry Creek Investment Advisors Inc. raised its holdings in Digital Realty Trust by 0.3% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock worth $3,378,000 after purchasing an additional 51 shares during the period. Columbia Bank boosted its position in Digital Realty Trust by 0.9% during the first quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock worth $1,111,000 after purchasing an additional 53 shares in the last quarter. GHP Investment Advisors Inc. grew its holdings in 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 purchasing an additional 55 shares during the period. Denali Advisors LLC increased its position in shares of Digital Realty Trust by 1.3% in the second quarter. Denali Advisors LLC now owns 4,359 shares of the real estate investment trust’s stock valued at $783,000 after buying an additional 56 shares in the last quarter. Finally, Twin Capital Management Inc. raised its stake in shares of Digital Realty Trust by 1.1% during the 1st quarter. Twin Capital Management Inc. now owns 5,618 shares of the real estate investment trust’s stock worth $1,012,000 after buying an additional 59 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insiders Place Their Bets

In other Digital Realty Trust 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 value of $38,792.00. Following the transaction, the director directly 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.15% of the stock is owned by company insiders.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock traded up $1.61 during trading hours on Friday, reaching $176.08. 3,483,933 shares of the company’s stock were exchanged, compared to its average volume of 1,843,424. The business has a fifty day moving average of $185.05 and a two-hundred day moving average of $187.15. The company has a market capitalization of $65.33 billion, a P/E ratio of 85.48, a price-to-earnings-growth ratio of 3.34 and a beta of 0.99. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14.

Digital Realty Trust (NYSE:DLR – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing the consensus estimate of $1.98 by ($0.77). The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations 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 period in the prior year, the business posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, research analysts predict that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a $1.22 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.8%. Digital Realty Trust’s dividend payout ratio is presently 236.89%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on DLR shares. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a research report on Wednesday, July 15th. Wall Street Zen raised shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. HSBC cut their price target on shares of Digital Realty Trust from $240.00 to $235.00 and set a “buy” rating for the company in a report on Wednesday, September 23rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $229.00 price objective on shares of Digital Realty Trust in a research report on Monday, July 27th. Finally, TD Cowen raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the company from $192.00 to $222.00 in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $219.69.

View Our Latest Analysis on DLR

Digital Realty Trust Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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