First County Bank CT boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 152.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,137 shares of the real estate investment trust’s stock after purchasing an additional 3,710 shares during the quarter. First County Bank CT’s holdings in Digital Realty Trust were worth $1,077,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Cherry Creek Investment Advisors Inc. lifted its holdings in shares of Digital Realty Trust by 0.3% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock worth $3,378,000 after buying an additional 51 shares during the period. Columbia Bank increased its stake in shares of Digital Realty Trust by 0.9% during the first quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock valued at $1,111,000 after buying an additional 53 shares during the period. GHP Investment Advisors Inc. increased its stake in shares of Digital Realty Trust by 9.1% during the first quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 55 shares during the period. South Plains Financial Inc. raised its holdings in shares of Digital Realty Trust by 25.7% in the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 56 shares in the last quarter. Finally, Denali Advisors LLC raised its holdings in shares of Digital Realty Trust by 1.3% in the second quarter. Denali Advisors LLC now owns 4,359 shares of the real estate investment trust’s stock valued at $783,000 after acquiring an additional 56 shares in the last quarter. 99.71% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
DLR has been the topic of a number of research reports. Royal Bank Of Canada raised their target price on shares of Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Rothschild & Co Redburn began coverage on shares of Digital Realty Trust in a research report on Monday, September 21st. They issued a “buy” rating and a $227.00 price target for the company. Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Truist Financial cut their price objective on shares of Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Finally, Barclays boosted their price objective on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $219.69.
Digital Realty Trust Stock Down 0.8%
DLR traded down $1.44 during trading on Tuesday, hitting $178.72. The stock had a trading volume of 375,893 shares, compared to its average volume of 2,315,457. The company has a market capitalization of $66.31 billion, a PE ratio of 86.78, a PEG ratio of 3.42 and a beta of 0.99. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. 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 stock has a 50 day simple moving average of $186.56 and a two-hundred day simple moving average of $187.24.
Digital Realty Trust (NYSE:DLR – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same period in the previous year, the company posted $1.87 earnings per share. The business’s revenue for the quarter was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, research analysts predict that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current year.
Digital Realty Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is currently 236.89%.
Insider Transactions at Digital Realty Trust
In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the completion of the sale, the director directly owned 6,322 shares in the company, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.15% of the stock is owned by corporate insiders.
Digital Realty Trust Profile
Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers and related digital infrastructure. The company provides facilities and technology environments that support the computing, storage, networking and connectivity needs of enterprises, cloud service providers, telecommunications companies and other organizations.
Through its PlatformDIGITAL platform, Digital Realty offers data center colocation, interconnection and hyperscale data center solutions.
Featured Stories
- Five stocks we like better than Digital Realty Trust
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
- IonQ Fell 9% on a $1.3 Billion Deal—Is Wall Street Missing Something?
- JPMorgan Earnings Miss Estimates But Reveal Broad-Based Strength
Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Digital Realty Trust, Inc. (NYSE:DLR – Free Report).
Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
