Wedbush Fund Advisers LLC Takes $598,000 Position in Digital Realty Trust, Inc. $DLR

Wedbush Fund Advisers LLC bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,330 shares of the real estate investment trust’s stock, valued at approximately $598,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Cherry Creek Investment Advisors Inc. increased its holdings in Digital Realty Trust by 0.3% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock valued at $3,378,000 after buying an additional 51 shares during the period. Columbia Bank boosted its position in shares of Digital Realty Trust by 0.9% during the 1st quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock worth $1,111,000 after acquiring an additional 53 shares in the last quarter. GHP Investment Advisors Inc. boosted its position in shares of Digital Realty Trust by 9.1% during the 1st quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock worth $118,000 after acquiring an additional 55 shares in the last quarter. South Plains Financial Inc. increased its stake in Digital Realty Trust by 25.7% in the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 56 shares during the last quarter. Finally, Denali Advisors LLC raised its position in Digital Realty Trust by 1.3% during the second quarter. Denali Advisors LLC now owns 4,359 shares of the real estate investment trust’s stock valued at $783,000 after purchasing an additional 56 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of DLR opened at $192.20 on Wednesday. The business has a 50-day simple moving average of $187.01 and a two-hundred day simple moving average of $185.90. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The stock has a market cap of $71.30 billion, a PE ratio of 93.30, a PEG ratio of 5.34 and a beta of 1.03. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.77). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the company earned $1.87 EPS. The business’s quarterly revenue was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s payout ratio is 236.89%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Guggenheim raised Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a report on Wednesday, July 15th. TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and upped their price objective for the stock from $192.00 to $222.00 in a research report on Friday, July 24th. Barclays raised their price objective on Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 1st. Weiss Ratings cut Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 12th. Finally, BTIG Research started coverage on shares of Digital Realty Trust in a report on Friday, July 10th. They issued a “buy” rating and a $215.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $219.45.

Digital Realty Trust Profile

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.