Prime Capital Investment Advisors LLC Has $837,000 Position in Digital Realty Trust, Inc. $DLR

Prime Capital Investment Advisors LLC lowered its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 28.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,800 shares of the real estate investment trust’s stock after selling 1,916 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Digital Realty Trust were worth $837,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Bison Wealth LLC raised its stake in Digital Realty Trust by 17.2% during the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after buying an additional 390 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of Digital Realty Trust by 36.3% in the first quarter. Farther Finance Advisors LLC now owns 3,684 shares of the real estate investment trust’s stock worth $538,000 after acquiring an additional 981 shares in the last quarter. Yousif Capital Management LLC increased its holdings in shares of Digital Realty Trust by 1.1% in the first quarter. Yousif Capital Management LLC now owns 51,461 shares of the real estate investment trust’s stock worth $7,374,000 after acquiring an additional 542 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in shares of Digital Realty Trust in the 1st quarter valued at approximately $1,147,000. Finally, Trueblood Wealth Management LLC grew its position in shares of Digital Realty Trust by 6.0% in the 1st quarter. Trueblood Wealth Management LLC now owns 2,215 shares of the real estate investment trust’s stock valued at $317,000 after purchasing an additional 126 shares during the period. 99.71% of the stock is owned by institutional investors.

Insider Buying and Selling at Digital Realty Trust

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

Digital Realty Trust Trading Up 0.6%

Digital Realty Trust stock opened at $175.19 on Friday. Digital Realty Trust, Inc. has a one year low of $129.95 and a one year high of $198.00. The company has a market cap of $59.75 billion, a price-to-earnings ratio of 45.98, a P/E/G ratio of 5.01 and a beta of 0.96. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.22 and a quick ratio of 2.22. The firm has a 50-day moving average of $169.88 and a 200-day moving average of $166.58.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.13. The business 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%.Digital Realty Trust’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.65 earnings per share. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. On average, equities 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 paid a $1.22 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.08%.

Analyst Ratings Changes

DLR has been the topic of a number of research reports. Citigroup reaffirmed a “buy” rating on shares of Digital Realty Trust in a research note on Tuesday, August 26th. Raymond James Financial raised their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “strong-buy” rating in a report on Friday, July 25th. Wells Fargo & Company raised their price objective on shares of Digital Realty Trust from $185.00 to $195.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Stifel Nicolaus increased their target price on Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Digital Realty Trust in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average price target of $192.44.

About Digital Realty Trust

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.