Digital Realty Trust, Inc. $DLR Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. decreased its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 34.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,694 shares of the real estate investment trust’s stock after selling 9,334 shares during the quarter. Vontobel Holding Ltd.’s holdings in Digital Realty Trust were worth $3,085,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DLR. Canada Pension Plan Investment Board increased its stake in Digital Realty Trust by 63.0% in the first quarter. Canada Pension Plan Investment Board now owns 7,144,737 shares of the real estate investment trust’s stock valued at $1,023,769,000 after purchasing an additional 2,760,286 shares during the period. Nuveen LLC purchased a new position in shares of Digital Realty Trust during the first quarter worth about $342,389,000. Vanguard Group Inc. grew its holdings in shares of Digital Realty Trust by 1.8% during the first quarter. Vanguard Group Inc. now owns 52,378,860 shares of the real estate investment trust’s stock worth $7,505,367,000 after buying an additional 925,674 shares during the last quarter. Pictet Asset Management Holding SA lifted its position in Digital Realty Trust by 41.5% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,129,819 shares of the real estate investment trust’s stock worth $448,422,000 after acquiring an additional 918,549 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in Digital Realty Trust by 37.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,009,673 shares of the real estate investment trust’s stock worth $431,256,000 after acquiring an additional 816,334 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Buying and Selling

In related news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction dated Monday, September 15th. The stock was 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 Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Digital Realty Trust in a research note on Wednesday. Citigroup reissued a “buy” rating on shares of Digital Realty Trust in a research note on Tuesday, August 26th. Truist Financial set a $199.00 target price on shares of Digital Realty Trust and gave the company a “buy” rating in a report on Wednesday, July 30th. Guggenheim started coverage on shares of Digital Realty Trust in a report on Wednesday, July 9th. They issued a “neutral” rating on the stock. Finally, Mizuho raised their price objective on shares of Digital Realty Trust from $177.00 to $191.00 and gave the company an “outperform” rating in a research report on Tuesday, June 17th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $192.44.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $168.62 on Friday. 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 firm has a 50-day moving average price of $169.81 and a two-hundred day moving average price of $166.82. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The company has a market capitalization of $57.51 billion, a P/E ratio of 44.26, a price-to-earnings-growth ratio of 4.75 and a beta of 0.96.

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

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Monday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.08%.

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.