Blair William & Co. IL Acquires 594 Shares of Digital Realty Trust, Inc. $DLR

Blair William & Co. IL raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,234 shares of the real estate investment trust’s stock after purchasing an additional 594 shares during the quarter. Blair William & Co. IL’s holdings in Digital Realty Trust were worth $4,399,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of DLR. Greykasell Wealth Strategies Inc. bought a new position in Digital Realty Trust during the first quarter valued at $26,000. WPG Advisers LLC bought a new position in Digital Realty Trust during the first quarter valued at $30,000. 1 North Wealth Services LLC bought a new position in Digital Realty Trust during the first quarter valued at $31,000. Key Financial Inc lifted its position in Digital Realty Trust by 114.0% during the first quarter. Key Financial Inc now owns 259 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 138 shares during the last quarter. Finally, Opal Wealth Advisors LLC purchased a new stake in shares of Digital Realty Trust in the first quarter valued at $38,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Down 3.8%

DLR stock opened at $168.62 on Monday. The company has a market capitalization of $57.51 billion, a PE ratio of 44.26, a P/E/G ratio of 4.75 and a beta of 0.96. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $198.00. The firm’s 50-day moving average is $169.81 and its 200 day moving average is $166.97. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.22 and a quick ratio of 2.22.

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

Digital Realty Trust Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DLR. Truist Financial set a $199.00 target price on shares of Digital Realty Trust and gave the stock a “buy” rating in a report on Wednesday, July 30th. Stifel Nicolaus raised their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Guggenheim began coverage on shares of Digital Realty Trust in a report on Wednesday, July 9th. They issued a “neutral” rating for the company. Wells Fargo & Company raised their target price on shares of Digital Realty Trust from $185.00 to $195.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Finally, Citigroup restated a “buy” rating on shares of Digital Realty Trust in a report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $191.05.

Insider Buying and Selling

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of the firm’s stock in a transaction dated 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 filing with the SEC, which is available at the SEC website. Company insiders own 0.17% of the company’s stock.

About Digital Realty Trust

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.