Stratos Wealth Partners LTD. Grows Holdings in Digital Realty Trust, Inc. $DLR

Stratos Wealth Partners LTD. boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 45.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,032 shares of the real estate investment trust’s stock after purchasing an additional 3,114 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Digital Realty Trust were worth $1,749,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of DLR. Canada Pension Plan Investment Board increased its stake in 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 buying an additional 2,760,286 shares during the period. Nuveen LLC acquired a new position in Digital Realty Trust in the 1st quarter valued at $342,389,000. Vanguard Group Inc. increased its stake 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 valued at $7,505,367,000 after buying an additional 925,674 shares during the period. Pictet Asset Management Holding SA increased its stake in Digital Realty Trust by 41.5% in 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 during the period. Finally, Goldman Sachs Group Inc. increased its stake in Digital Realty Trust by 37.2% in 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 buying an additional 816,334 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Digital Realty Trust

In related news, CEO Andrew Power sold 53,269 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $175.16, for a total value of $9,330,598.04. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.17% of the stock is owned by corporate insiders.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $172.91 on Tuesday. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 0.82. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The stock has a market cap of $58.97 billion, a PE ratio of 45.38, a price-to-earnings-growth ratio of 4.86 and a beta of 0.96. The firm’s fifty day simple moving average is $170.10 and its 200-day simple moving average is $168.23.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 EPS for the quarter, topping the consensus estimate of $1.74 by $0.13. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The business had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period in the previous year, the firm earned $1.65 EPS. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. 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 firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a $1.22 dividend. The ex-dividend date was Monday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust’s payout ratio is currently 128.08%.

Analysts Set New Price Targets

Several brokerages have issued reports on DLR. Raymond James Financial boosted their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “strong-buy” rating in a research note on Friday, July 25th. Moffett Nathanson boosted their price objective on shares of Digital Realty Trust from $163.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, October 6th. Guggenheim assumed coverage on shares of Digital Realty Trust in a research note on Wednesday, July 9th. They set a “neutral” rating on the stock. Truist Financial set a $199.00 price target on shares of Digital Realty Trust and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Finally, Stifel Nicolaus upped their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Digital Realty Trust has an average rating of “Moderate Buy” and an average price target of $191.38.

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.