Digital Realty Trust, Inc. $DLR Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. decreased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 87.2% during the second quarter, HoldingsChannel reports. The firm owned 2,082 shares of the real estate investment trust’s stock after selling 14,168 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Digital Realty Trust were worth $360,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Pacific Heights Asset Management LLC increased its stake in shares of Digital Realty Trust by 33.3% in the first quarter. Pacific Heights Asset Management LLC now owns 100,000 shares of the real estate investment trust’s stock worth $14,329,000 after acquiring an additional 25,000 shares during the period. Vectors Research Management LLC increased its stake in shares of Digital Realty Trust by 15.8% in the first quarter. Vectors Research Management LLC now owns 21,507 shares of the real estate investment trust’s stock worth $3,082,000 after acquiring an additional 2,930 shares during the period. Asset Management One Co. Ltd. increased its stake in shares of Digital Realty Trust by 3.5% in the first quarter. Asset Management One Co. Ltd. now owns 643,424 shares of the real estate investment trust’s stock worth $92,196,000 after acquiring an additional 21,598 shares during the period. Brown Advisory Inc. increased its stake in shares of Digital Realty Trust by 25.2% in the first quarter. Brown Advisory Inc. now owns 8,174 shares of the real estate investment trust’s stock worth $1,171,000 after acquiring an additional 1,644 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Digital Realty Trust by 9.6% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 140,347 shares of the real estate investment trust’s stock worth $20,110,000 after acquiring an additional 12,289 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

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. The company has a market cap of $58.97 billion, a price-to-earnings ratio of 45.38, a PEG ratio of 4.86 and a beta of 0.96. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $198.00. The firm’s fifty day simple moving average is $170.10 and its two-hundred day simple moving average is $168.23.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.13. The business had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The company’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the firm posted $1.65 earnings per share. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. Equities analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Monday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.08%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Digital Realty Trust in a research note on Wednesday, October 8th. Raymond James Financial increased their price target 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. Wolfe Research raised shares of Digital Realty Trust from a “peer perform” rating to an “outperform” rating and set a $194.00 price target on the stock in a report on Monday. Guggenheim assumed coverage on shares of Digital Realty Trust in a report on Wednesday, July 9th. They set a “neutral” rating on the stock. Finally, Moffett Nathanson increased their price target on shares of Digital Realty Trust from $163.00 to $166.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $191.38.

Insider Transactions 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 transaction of $9,330,598.04. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Company 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.