ALM First Financial Advisors LLC Makes New Investment in Digital Realty Trust, Inc. $DLR

ALM First Financial Advisors LLC purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 33,293 shares of the real estate investment trust’s stock, valued at approximately $5,844,000. Digital Realty Trust comprises 0.9% of ALM First Financial Advisors LLC’s portfolio, making the stock its 14th largest holding.

Several other institutional investors also recently modified their holdings of DLR. Gables Capital Management Inc. bought a new position in shares of Digital Realty Trust during the second quarter worth $29,000. Bell Investment Advisors Inc boosted its stake in shares of 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 worth $31,000 after acquiring an additional 62 shares during the period. First Community Trust NA acquired a new stake in shares of Digital Realty Trust during the 3rd quarter worth about $31,000. Solstein Capital LLC bought a new stake in shares of Digital Realty Trust during the second quarter worth approximately $32,000. Finally, MV Capital Management Inc. acquired a new stake in shares of Digital Realty Trust during the fourth quarter worth $38,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of NYSE DLR traded down $1.39 during mid-day trading on Tuesday, hitting $178.77. The company had a trading volume of 375,893 shares, compared to its average volume of 2,315,457. The company has a current ratio of 1.06, a quick 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. The company has a market capitalization of $66.32 billion, a price-to-earnings ratio of 86.78, a P/E/G ratio of 3.42 and a beta of 0.99. The stock’s 50-day moving average price is $186.56 and its 200-day moving average price is $187.24.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The company 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%. Digital Realty Trust’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a $1.22 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.7%. Digital Realty Trust’s dividend payout ratio is currently 236.89%.

Insiders Place Their Bets

In other news, Director Mark Patterson sold 200 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total transaction of $38,792.00. Following the completion of the transaction, the director directly owned 6,322 shares in the company, valued at $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on DLR shares. BTIG Research upped their price target on shares of Digital Realty Trust from $215.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, September 10th. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Citigroup reissued a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Weiss Ratings cut shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 12th. Finally, Guggenheim raised 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. 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’s stock. Based on data from MarketBeat, the company currently has a consensus 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.