Digital Realty Trust, Inc. $DLR Shares Bought by QTR Family Wealth LLC

QTR Family Wealth LLC grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 31.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,864 shares of the real estate investment trust’s stock after acquiring an additional 687 shares during the period. QTR Family Wealth LLC’s holdings in Digital Realty Trust were worth $499,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of DLR. Bison Wealth LLC lifted its position in shares of Digital Realty Trust by 17.2% during the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after purchasing an additional 390 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in Digital Realty Trust by 4.5% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,595 shares of the real estate investment trust’s stock worth $372,000 after acquiring an additional 112 shares during the last quarter. 180 Wealth Advisors LLC lifted its holdings in Digital Realty Trust by 10.8% in the first quarter. 180 Wealth Advisors LLC now owns 1,443 shares of the real estate investment trust’s stock worth $207,000 after acquiring an additional 141 shares during the last quarter. NBC Securities Inc. lifted its holdings in Digital Realty Trust by 107,450.0% in the first quarter. NBC Securities Inc. now owns 4,302 shares of the real estate investment trust’s stock worth $616,000 after acquiring an additional 4,298 shares during the last quarter. Finally, AEGON ASSET MANAGEMENT UK Plc lifted its holdings in Digital Realty Trust by 1.8% in the first quarter. AEGON ASSET MANAGEMENT UK Plc now owns 67,574 shares of the real estate investment trust’s stock worth $9,691,000 after acquiring an additional 1,200 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Barclays raised their target price on shares of Digital Realty Trust from $140.00 to $141.00 and gave the stock an “underweight” rating in a report on Wednesday, August 20th. Wells Fargo & Company lifted their price target on Digital Realty Trust from $185.00 to $195.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Guggenheim began coverage on Digital Realty Trust in a report on Wednesday, July 9th. They set a “neutral” rating on the stock. Citigroup reaffirmed a “buy” rating on shares of Digital Realty Trust in a report on Tuesday, August 26th. Finally, Stifel Nicolaus lifted their price target on Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average target price of $190.74.

Digital Realty Trust Trading Up 1.6%

Digital Realty Trust stock opened at $172.82 on Wednesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.22 and a current ratio of 2.22. The firm has a market cap of $58.94 billion, a price-to-earnings ratio of 45.36, a price-to-earnings-growth ratio of 4.89 and a beta of 0.96. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $198.00. The firm’s 50 day moving average price is $170.32 and its two-hundred day moving average price is $165.56.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.13. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter last year, the business posted $1.65 EPS. The company’s revenue was up 10.0% on a year-over-year basis. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. On average, research analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is 128.08%.

Insider Activity

In related news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction on Monday, September 15th. The shares were sold at an average price of $175.16, for a total value of $9,330,598.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.17% of the stock is owned by company insiders.

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.