Digital Realty Trust, Inc. $DLR Shares Purchased by Mutual Advisors LLC

Mutual Advisors LLC boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 5.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 3,432 shares of the real estate investment trust’s stock after acquiring an additional 171 shares during the quarter. Mutual Advisors LLC’s holdings in Digital Realty Trust were worth $611,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Digital Realty Trust by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 52,378,860 shares of the real estate investment trust’s stock worth $7,505,367,000 after buying an additional 925,674 shares during the period. Canada Pension Plan Investment Board boosted its holdings in shares of Digital Realty Trust by 63.0% in 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 acquiring an additional 2,760,286 shares during the last quarter. Northern Trust Corp increased its stake in shares of Digital Realty Trust by 4.3% in the first quarter. Northern Trust Corp now owns 5,301,199 shares of the real estate investment trust’s stock worth $759,609,000 after acquiring an additional 220,649 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Digital Realty Trust by 1.2% during the first quarter. Dimensional Fund Advisors LP now owns 4,714,045 shares of the real estate investment trust’s stock worth $675,456,000 after purchasing an additional 57,312 shares during the last quarter. Finally, Invesco Ltd. lifted its position in Digital Realty Trust by 4.8% during the first quarter. Invesco Ltd. now owns 4,092,496 shares of the real estate investment trust’s stock valued at $586,414,000 after purchasing an additional 186,613 shares during the period. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Down 0.6%

Digital Realty Trust stock opened at $172.94 on Monday. The stock has a market capitalization of $58.98 billion, a PE ratio of 45.39, a price-to-earnings-growth ratio of 4.86 and a beta of 0.96. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $198.00. The business has a 50 day simple moving average of $170.01 and a 200-day simple moving average of $167.98. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.22 and a quick ratio of 2.22.

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

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid 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 currently 128.08%.

Wall Street Analysts Forecast Growth

DLR has been the topic of several analyst reports. Raymond James Financial increased their price target on Digital Realty Trust from $190.00 to $205.00 and gave the stock a “strong-buy” rating in a research report on Friday, July 25th. Wells Fargo & Company raised their target price on Digital Realty Trust from $185.00 to $195.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Citigroup reissued a “buy” rating on shares of Digital Realty Trust in a report on Tuesday, August 26th. Moffett Nathanson raised their price objective on shares of Digital Realty Trust from $163.00 to $166.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Finally, Barclays boosted their target price on shares of Digital Realty Trust from $140.00 to $141.00 and gave the company an “underweight” rating in a research note on Wednesday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $191.25.

Insider Buying and Selling at Digital Realty Trust

In related news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $175.16, for a total value of $9,330,598.04. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.17% of the stock is currently owned by company insiders.

Digital Realty Trust Company 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.