Digital Realty Trust, Inc. $DLR Shares Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC lifted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 5.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,677 shares of the real estate investment trust’s stock after purchasing an additional 91 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Digital Realty Trust were worth $301,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DLR. Greykasell Wealth Strategies Inc. acquired a new stake in Digital Realty Trust during the first quarter worth $26,000. WPG Advisers LLC acquired a new stake in Digital Realty Trust during the first quarter worth $30,000. 1 North Wealth Services LLC acquired a new stake in Digital Realty Trust during the first quarter worth $31,000. Key Financial Inc increased its stake in Digital Realty Trust by 114.0% during the first quarter. Key Financial Inc now owns 259 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 138 shares during the last quarter. Finally, GKV Capital Management Co. Inc. acquired a new stake in Digital Realty Trust during the first quarter worth $38,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Guggenheim initiated coverage on Digital Realty Trust in a research note on Wednesday, July 9th. They set a “neutral” rating for the company. JPMorgan Chase & Co. lifted their price objective on Digital Realty Trust from $200.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday. Morgan Stanley initiated coverage on Digital Realty Trust in a research note on Thursday, October 16th. They issued an “equal weight” rating and a $195.00 price objective for the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Digital Realty Trust in a research note on Friday. Finally, Moffett Nathanson lifted their price objective on Digital Realty Trust from $163.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.67.

Digital Realty Trust Trading Up 2.4%

NYSE:DLR opened at $179.62 on Friday. The firm has a market cap of $61.26 billion, a PE ratio of 46.41, a price-to-earnings-growth ratio of 4.94 and a beta of 0.96. The stock has a fifty day moving average price of $170.66 and a 200 day moving average price of $168.86. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month high of $198.00. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.82.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, October 23rd. The real estate investment trust reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.11. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.53 billion. Digital Realty Trust had a return on equity of 6.50% and a net margin of 23.67%.Digital Realty Trust’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.67 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.320-7.380 EPS. Sell-side 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 firm also recently declared 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 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Monday, September 15th. Digital Realty Trust’s payout ratio is 128.08%.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $175.16, for a total transaction of $9,330,598.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.13% of the stock is owned by company insiders.

Digital Realty Trust 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.