Iowa State Bank Acquires 9,412 Shares of Digital Realty Trust, Inc. $DLR

Iowa State Bank grew its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 64.7% in the third quarter, Holdings Channel reports. The institutional investor owned 23,970 shares of the real estate investment trust’s stock after acquiring an additional 9,412 shares during the quarter. Iowa State Bank’s holdings in Digital Realty Trust were worth $4,207,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Gables Capital Management Inc. acquired a new stake in Digital Realty Trust in the 2nd quarter valued at $29,000. Bell Investment Advisors Inc lifted its holdings in Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 62 shares in the last quarter. Solstein Capital LLC purchased a new position in Digital Realty Trust during the second quarter valued at $32,000. MCF Advisors LLC acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $35,000. Finally, MV Capital Management Inc. purchased a new stake in shares of Digital Realty Trust during the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Argus upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price on the stock in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $229.00 price objective on shares of Digital Realty Trust in a report on Monday, July 27th. Royal Bank Of Canada upped their target price on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. HSBC reduced their target price on shares of Digital Realty Trust from $240.00 to $235.00 and set a “buy” rating for the company in a research report on Wednesday, September 23rd. Finally, Mizuho set a $223.00 price target on shares of Digital Realty Trust in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $219.69.

Insider Buying and Selling at Digital Realty Trust

In other 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 transaction of $38,792.00. Following the completion of the sale, the director owned 6,322 shares in the company, valued at $1,226,215.12. This trade represents a 3.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.15% of the stock is currently owned by company insiders.

Digital Realty Trust Trading Up 2.6%

NYSE:DLR traded up $4.62 during trading hours on Tuesday, hitting $184.49. The company had a trading volume of 576,558 shares, compared to its average volume of 2,329,584. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The company has a 50-day moving average of $187.65 and a 200 day moving average of $187.12. The company has a market cap of $68.44 billion, a P/E ratio of 89.56, a P/E/G ratio of 3.42 and a beta of 0.99. 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) last posted its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). The company had revenue of $1.92 billion for 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 firm’s revenue was up 28.9% on a year-over-year basis. During the same quarter 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. Sell-side analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.6%. The ex-dividend date was Tuesday, September 15th. Digital Realty Trust’s payout ratio is presently 236.89%.

About Digital Realty Trust

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.