Investment Partners LTD. Purchases New Shares in Digital Realty Trust, Inc. $DLR

Investment Partners LTD. acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,375 shares of the real estate investment trust’s stock, valued at approximately $240,000.

Several other institutional investors and hedge funds have also modified their holdings of DLR. Motley Fool Asset Management LLC increased its holdings in Digital Realty Trust by 9.9% in the 2nd quarter. Motley Fool Asset Management LLC now owns 17,208 shares of the real estate investment trust’s stock valued at $3,000,000 after buying an additional 1,548 shares during the period. Centersquare Investment Management LLC boosted its holdings in shares of Digital Realty Trust by 2.8% in the 1st quarter. Centersquare Investment Management LLC now owns 3,035,478 shares of the real estate investment trust’s stock valued at $434,954,000 after purchasing an additional 82,420 shares in the last quarter. Ethic Inc. increased its stake in shares of Digital Realty Trust by 9.1% in the 1st quarter. Ethic Inc. now owns 34,520 shares of the real estate investment trust’s stock valued at $5,042,000 after purchasing an additional 2,887 shares during the last quarter. Plan Group Financial LLC lifted its position in shares of Digital Realty Trust by 46.4% during the 1st quarter. Plan Group Financial LLC now owns 8,850 shares of the real estate investment trust’s stock worth $1,268,000 after buying an additional 2,803 shares during the last quarter. Finally, Simon Quick Advisors LLC boosted its stake in Digital Realty Trust by 1,417.7% in the second quarter. Simon Quick Advisors LLC now owns 27,333 shares of the real estate investment trust’s stock valued at $4,765,000 after buying an additional 25,532 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DLR has been the topic of a number of research reports. Citigroup boosted their target price on shares of Digital Realty Trust from $200.00 to $212.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Truist Financial lifted their price target on shares of Digital Realty Trust from $199.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Wolfe Research upgraded Digital Realty Trust from a “peer perform” rating to an “outperform” rating and set a $194.00 target price on the stock in a report on Monday, October 20th. Moffett Nathanson boosted their price target on shares of Digital Realty Trust from $163.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Finally, TD Cowen lifted their target price on shares of Digital Realty Trust from $163.00 to $179.00 and gave the stock a “hold” rating in a research note on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus price target of $198.14.

Digital Realty Trust Trading Down 1.5%

DLR opened at $161.45 on Thursday. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The firm has a market capitalization of $55.46 billion, a PE ratio of 41.81, a P/E/G ratio of 4.13 and a beta of 0.96. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.22. The company’s 50-day moving average is $171.63 and its 200 day moving average is $171.15.

Digital Realty Trust (NYSE:DLR) last posted its 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. Digital Realty Trust had a return on equity of 6.41% and a net margin of 23.67%.The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter last year, the company earned $1.67 earnings per share. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. Digital Realty Trust has set its FY 2025 guidance at 7.320-7.380 EPS. As a group, research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Monday, December 15th will be issued a dividend of $1.22 per share. The ex-dividend date is Monday, December 15th. This represents a $4.88 annualized dividend and a yield of 3.0%. Digital Realty Trust’s payout ratio is 126.10%.

Insider Buying and Selling

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction that occurred 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 legal filing with the SEC, which is accessible through this link. Company insiders own 0.13% of the company’s stock.

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.