Commons Capital LLC Makes New Investment in Digital Realty Trust, Inc. $DLR

Commons Capital LLC purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,399 shares of the real estate investment trust’s stock, valued at approximately $244,000.

A number of other large investors also recently bought and sold shares of the stock. Summit Place Financial Advisors LLC increased its position in shares of Digital Realty Trust by 2.0% in the 2nd quarter. Summit Place Financial Advisors LLC now owns 2,857 shares of the real estate investment trust’s stock worth $498,000 after purchasing an additional 57 shares during the last quarter. Nvwm LLC increased its holdings in Digital Realty Trust by 1.9% in the first quarter. Nvwm LLC now owns 3,287 shares of the real estate investment trust’s stock valued at $471,000 after buying an additional 60 shares during the last quarter. Decatur Capital Management Inc. increased its holdings in Digital Realty Trust by 0.4% in the first quarter. Decatur Capital Management Inc. now owns 16,312 shares of the real estate investment trust’s stock valued at $2,337,000 after buying an additional 61 shares during the last quarter. EP Wealth Advisors LLC increased its holdings in Digital Realty Trust by 1.3% in the first quarter. EP Wealth Advisors LLC now owns 4,766 shares of the real estate investment trust’s stock valued at $683,000 after buying an additional 63 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Digital Realty Trust by 6.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,056 shares of the real estate investment trust’s stock valued at $151,000 after acquiring an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 0.7%

Digital Realty Trust stock opened at $174.02 on Friday. Digital Realty Trust, Inc. has a one year low of $129.95 and a one year high of $198.00. 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 capitalization of $59.35 billion, a P/E ratio of 45.67, a P/E/G ratio of 4.93 and a beta of 0.96. The company has a 50-day simple moving average of $169.96 and a 200-day simple moving average of $167.48.

Digital Realty Trust (NYSE:DLR) last posted its 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. 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 analysts’ expectations of $1.44 billion. During the same quarter in the prior year, the firm earned $1.65 EPS. Digital Realty Trust’s quarterly 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. As a group, equities analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a $1.22 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio is presently 128.08%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on DLR shares. Stifel Nicolaus boosted 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. Raymond James Financial boosted their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “strong-buy” rating in a research note on Friday, July 25th. Wells Fargo & Company boosted their price objective on shares of Digital Realty Trust from $185.00 to $195.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Digital Realty Trust in a research report on Wednesday, October 8th. Finally, Morgan Stanley initiated coverage on Digital Realty Trust in a report on Thursday. They set an “equal weight” rating and a $195.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $191.25.

Insider Transactions at Digital Realty Trust

In related news, CEO Andrew Power sold 53,269 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $175.16, for a total value of $9,330,598.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is owned by corporate 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.