Digital Realty Trust, Inc. $DLR Shares Purchased by CoreCap Advisors LLC

CoreCap Advisors LLC raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 667.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,505 shares of the real estate investment trust’s stock after purchasing an additional 49,146 shares during the quarter. CoreCap Advisors LLC’s holdings in Digital Realty Trust were worth $9,918,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. 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 valued at $3,378,000 after buying an additional 51 shares during the period. Columbia Bank raised its position in Digital Realty Trust by 0.9% in the first quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock worth $1,111,000 after acquiring an additional 53 shares in the last quarter. GHP Investment Advisors Inc. lifted its holdings in Digital Realty Trust by 9.1% in the first quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock valued at $118,000 after acquiring an additional 55 shares during the period. South Plains Financial Inc. boosted its position in shares of Digital Realty Trust by 25.7% during the 4th quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 56 shares in the last quarter. Finally, Denali Advisors LLC grew its stake in shares of Digital Realty Trust by 1.3% during the 2nd quarter. Denali Advisors LLC now owns 4,359 shares of the real estate investment trust’s stock worth $783,000 after purchasing an additional 56 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DLR has been the subject of a number of research analyst reports. Wells Fargo & Company upgraded shares of Digital Realty Trust from an “overweight” rating to a “buy” rating in a report on Wednesday, August 5th. Citigroup restated a “market outperform” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. TD Cowen raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the company from $192.00 to $222.00 in a report on Friday, July 24th. Evercore reissued an “outperform” rating and set a $240.00 price target on shares of Digital Realty Trust in a research note on Tuesday, August 18th. Finally, Rothschild & Co Redburn began coverage on Digital Realty Trust in a research note on Monday, September 21st. They issued a “buy” rating and a $227.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $219.69.

Check Out Our Latest Research Report on Digital Realty Trust

Insider Buying and Selling

In related news, Director Mark Patterson sold 200 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $193.96, for a total value of $38,792.00. Following the completion of the transaction, the director owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. The trade was a 3.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.15% of the company’s stock.

Digital Realty Trust Price Performance

DLR traded down $4.29 during midday trading on Thursday, reaching $176.18. 2,567,027 shares of the company’s stock were exchanged, compared to its average volume of 2,334,588. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The stock has a market capitalization of $65.36 billion, a PE ratio of 85.52, a P/E/G ratio of 3.54 and a beta of 0.99. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The business’s 50-day moving average price is $187.33 and its 200 day moving average price is $187.17.

Digital Realty Trust (NYSE:DLR – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the prior year, the company earned $1.87 earnings per share. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities analysts anticipate that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Tuesday, 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 presently 236.89%.

Digital Realty Trust Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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