Ferguson Wellman Capital Management Inc. Has $475,000 Stock Holdings in Digital Realty Trust, Inc. $DLR

Ferguson Wellman Capital Management Inc. cut its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 3.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,724 shares of the real estate investment trust’s stock after selling 85 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Digital Realty Trust were worth $475,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Greykasell Wealth Strategies Inc. bought a new stake in Digital Realty Trust in the first quarter worth $26,000. WPG Advisers LLC bought a new stake in Digital Realty Trust in the first quarter worth $30,000. 1 North Wealth Services LLC bought a new stake in Digital Realty Trust in the first quarter worth $31,000. Key Financial Inc boosted its holdings in Digital Realty Trust by 114.0% in the first quarter. Key Financial Inc now owns 259 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 138 shares in the last quarter. Finally, GKV Capital Management Co. Inc. bought a new stake in Digital Realty Trust in the first quarter worth $38,000. 99.71% of the stock is currently owned by institutional investors.

Insider Activity at Digital Realty Trust

In other news, CEO Andrew Power sold 53,269 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $175.16, for a total transaction of $9,330,598.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.13% of the company’s stock.

Digital Realty Trust Stock Up 0.1%

Shares of DLR opened at $171.37 on Friday. The company has a 50-day simple moving average of $170.63 and a 200-day simple moving average of $164.21. The firm has a market capitalization of $58.45 billion, a P/E ratio of 44.98, a P/E/G ratio of 4.92 and a beta of 0.96. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.22 and a current ratio of 2.22. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.13. The business had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.44 billion. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business 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 year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio is currently 128.08%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Stifel Nicolaus upped their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Truist Financial set a $199.00 price target on shares of Digital Realty Trust and gave the company a “buy” rating in a report on Wednesday, July 30th. Raymond James Financial upped their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “strong-buy” rating in a report on Friday, July 25th. Mizuho upped their price target on shares of Digital Realty Trust from $177.00 to $191.00 and gave the company an “outperform” rating in a report on Tuesday, June 17th. Finally, Wells Fargo & Company upped their price target on shares of Digital Realty Trust from $185.00 to $195.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $190.74.

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.