OneAscent Financial Services LLC purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) in the second quarter, Holdings Channel reports. The institutional investor purchased 3,108 shares of the real estate investment trust’s stock, valued at approximately $558,000.
A number of other large investors have also added to or reduced their stakes in the business. Allworth Financial LP bought a new position in shares of Digital Realty Trust during the second quarter valued at $8,050,000. B. Metzler seel. Sohn & Co. AG acquired a new position in shares of Digital Realty Trust in the 2nd quarter valued at about $4,150,000. NFJ Investment Group LLC acquired a new position in Digital Realty Trust in the second quarter valued at approximately $101,000. Ceredex Value Advisors LLC acquired a new position in shares of Digital Realty Trust during the 2nd quarter valued at $25,626,000. Finally, Mystic Asset Management Inc. acquired a new position in shares of Digital Realty Trust during the second quarter valued at about $910,000. Institutional investors own 99.71% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have recently weighed in on DLR. Raymond James Financial upped their target price on Digital Realty Trust from $210.00 to $235.00 and gave the stock a “strong-buy” rating in a research report on Friday, April 24th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $215.00 target price on shares of Digital Realty Trust in a research report on Friday, April 24th. Barclays upped their price target on Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 1st. Evercore reissued an “outperform” rating and issued a $240.00 price target on shares of Digital Realty Trust in a research report on Tuesday. Finally, Truist Financial dropped their price objective on Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $219.45.
Digital Realty Trust Trading Up 1.0%
Shares of DLR stock opened at $194.23 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market capitalization of $71.87 billion, a price-to-earnings ratio of 94.29, a PEG ratio of 5.45 and a beta of 1.03. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The company has a 50-day simple moving average of $186.76 and a two-hundred day simple moving average of $185.38.
Digital Realty Trust (NYSE:DLR – Get Free Report) last posted its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the business earned $1.87 EPS. Digital Realty Trust’s quarterly revenue 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. Research analysts anticipate that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.
Digital Realty Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 236.89%.
Digital Realty Trust Company Profile
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.
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