Chilton Capital Management LLC Purchases 4,565 Shares of Digital Realty Trust, Inc. $DLR

Chilton Capital Management LLC raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 4.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 98,723 shares of the real estate investment trust’s stock after buying an additional 4,565 shares during the quarter. Chilton Capital Management LLC’s holdings in Digital Realty Trust were worth $17,210,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the business. Greykasell Wealth Strategies Inc. acquired a new position in Digital Realty Trust in the first quarter worth about $26,000. WPG Advisers LLC acquired a new position in shares of Digital Realty Trust in the 1st quarter worth approximately $30,000. 1 North Wealth Services LLC bought a new position in shares of Digital Realty Trust during the 1st quarter worth approximately $31,000. AlphaQuest LLC grew its position in Digital Realty Trust by 163.5% in the second quarter. AlphaQuest LLC now owns 195 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 121 shares during the period. Finally, Key Financial Inc boosted its stake in shares of Digital Realty Trust by 114.0% in the 1st quarter. Key Financial Inc now owns 259 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 138 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Digital Realty Trust

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

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Morgan Stanley started coverage on Digital Realty Trust in a report on Thursday, October 16th. They issued an “equal weight” rating and a $195.00 target price on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Digital Realty Trust in a research report on Friday. TD Cowen increased their price target on shares of Digital Realty Trust from $163.00 to $179.00 and gave the company a “hold” rating in a research note on Friday. JPMorgan Chase & Co. upped their price objective on Digital Realty Trust from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Cowen reaffirmed a “hold” rating on shares of Digital Realty Trust in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $196.67.

Digital Realty Trust Stock Up 2.4%

NYSE:DLR opened at $179.62 on Friday. The stock has a market cap of $61.26 billion, a price-to-earnings ratio of 46.41, a PEG ratio of 5.05 and a beta of 0.96. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.82. The stock has a 50-day moving average price of $170.66 and a two-hundred day moving average price of $169.09. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $198.00.

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 for the quarter, beating analysts’ consensus estimates of $1.78 by $0.11. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.53 billion. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.50%. The business’s revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.67 earnings per share. Digital Realty Trust has set its FY 2025 guidance at 7.320-7.380 EPS. As a group, equities analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, September 15th. Digital Realty Trust’s dividend payout ratio is currently 126.10%.

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.