Digital Realty Trust, Inc. $DLR is Measured Risk Portfolios Inc.’s 7th Largest Position

Measured Risk Portfolios Inc. decreased its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 7.7% in the second quarter, Holdings Channel.com reports. The institutional investor owned 14,477 shares of the real estate investment trust’s stock after selling 1,205 shares during the period. Digital Realty Trust makes up 2.4% of Measured Risk Portfolios Inc.’s portfolio, making the stock its 7th largest holding. Measured Risk Portfolios Inc.’s holdings in Digital Realty Trust were worth $2,524,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DLR. Canada Pension Plan Investment Board increased its position in shares of Digital Realty Trust by 63.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 7,144,737 shares of the real estate investment trust’s stock valued at $1,023,769,000 after purchasing an additional 2,760,286 shares during the last quarter. Nuveen LLC purchased a new stake in Digital Realty Trust during the 1st quarter valued at approximately $342,389,000. Vanguard Group Inc. grew its holdings in Digital Realty Trust by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 52,378,860 shares of the real estate investment trust’s stock valued at $7,505,367,000 after buying an additional 925,674 shares in the last quarter. Pictet Asset Management Holding SA grew its holdings in Digital Realty Trust by 41.5% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,129,819 shares of the real estate investment trust’s stock valued at $448,422,000 after buying an additional 918,549 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Digital Realty Trust by 37.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,009,673 shares of the real estate investment trust’s stock valued at $431,256,000 after acquiring an additional 816,334 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Barclays increased their target price on Digital Realty Trust from $140.00 to $141.00 and gave the company an “underweight” rating in a research report on Wednesday, August 20th. Raymond James Financial increased their price target on Digital Realty Trust from $190.00 to $205.00 and gave the company a “strong-buy” rating in a report on Friday, July 25th. Guggenheim initiated coverage on Digital Realty Trust in a report on Wednesday, July 9th. They set a “neutral” rating on the stock. Wells Fargo & Company increased their price target on Digital Realty Trust from $185.00 to $195.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Finally, Mizuho increased their target price on Digital Realty Trust from $177.00 to $191.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 17th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $192.44.

Insider Activity at Digital Realty Trust

In related news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $175.16, for a total transaction of $9,330,598.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is owned by company insiders.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock opened at $176.56 on Friday. The firm has a market cap of $60.22 billion, a P/E ratio of 46.34, a P/E/G ratio of 5.07 and a beta of 0.96. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.82. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $198.00. The stock’s fifty day moving average price is $170.00 and its 200-day moving average price is $166.04.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.13. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. Digital Realty Trust had a return on equity of 6.46% and a net margin of 23.98%.The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.65 earnings per share. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s payout ratio is 128.08%.

Digital Realty Trust Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.