Cetera Investment Advisers Grows Stock Position in Digital Realty Trust, Inc. $DLR

Cetera Investment Advisers boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 5.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 85,609 shares of the real estate investment trust’s stock after acquiring an additional 4,392 shares during the period. Cetera Investment Advisers’ holdings in Digital Realty Trust were worth $15,428,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Dynamic Wealth Strategies LLC grew its position in shares of Digital Realty Trust by 134.3% in the first quarter. Dynamic Wealth Strategies LLC now owns 321 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 184 shares during the last quarter. Prestige Wealth Management Group LLC raised its position in shares of Digital Realty Trust by 3,080.7% during the 1st quarter. Prestige Wealth Management Group LLC now owns 4,771 shares of the real estate investment trust’s stock worth $860,000 after purchasing an additional 4,621 shares during the last quarter. First Trust Advisors LP lifted its stake in Digital Realty Trust by 38.6% in the 1st quarter. First Trust Advisors LP now owns 139,965 shares of the real estate investment trust’s stock valued at $25,223,000 after buying an additional 38,992 shares in the last quarter. Pacific Sun Financial Corp lifted its stake in Digital Realty Trust by 1.9% in the 1st quarter. Pacific Sun Financial Corp now owns 8,390 shares of the real estate investment trust’s stock valued at $1,512,000 after buying an additional 154 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in Digital Realty Trust by 9.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 47,730 shares of the real estate investment trust’s stock valued at $8,601,000 after buying an additional 4,199 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Down 1.3%

Shares of DLR opened at $193.14 on Wednesday. The stock has a fifty day moving average of $184.84 and a two-hundred day moving average of $181.43. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.59 and a current ratio of 0.87. The company has a market capitalization of $67.87 billion, a PE ratio of 93.76, a price-to-earnings-growth ratio of 5.60 and a beta of 1.03. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14.

Digital Realty Trust (NYSE:DLRGet Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the prior year, the company earned $1.87 EPS. The company’s revenue for the quarter 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. As a group, analysts forecast that Digital Realty Trust, Inc. will post 8.32 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $1.22 per share. The ex-dividend date was Monday, June 15th. This represents a $4.88 annualized dividend and a yield of 2.5%. Digital Realty Trust’s dividend payout ratio is 236.89%.

Wall Street Analysts Forecast Growth

DLR has been the subject of several recent research reports. HSBC downgraded Digital Realty Trust from a “buy” rating to a “hold” rating and raised their price target for the stock from $193.00 to $210.00 in a research report on Monday, April 27th. Morgan Stanley increased their price objective on Digital Realty Trust from $210.00 to $215.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Truist Financial lifted their price objective on Digital Realty Trust from $208.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Wall Street Zen raised shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $229.00 target price on shares of Digital Realty Trust in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $218.00.

Get Our Latest Stock Report on Digital Realty Trust

Digital Realty Trust Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Digital Realty Trust, Inc. (NYSE:DLRFree Report).

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.