Brown Lisle Cummings Inc. increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 506,960.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,353 shares of the real estate investment trust’s stock after acquiring an additional 25,348 shares during the period. Digital Realty Trust comprises approximately 1.0% of Brown Lisle Cummings Inc.’s holdings, making the stock its 24th largest holding. Brown Lisle Cummings Inc.’s holdings in Digital Realty Trust were worth $4,450,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Gables Capital Management Inc. bought a new position in Digital Realty Trust in the 2nd quarter valued at $29,000. Bell Investment Advisors Inc boosted its stake in Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 62 shares in the last quarter. First Community Trust NA acquired a new position in Digital Realty Trust in the third quarter worth $31,000. Ashurst Perkins Coie Trust Co bought a new stake in shares of Digital Realty Trust during the third quarter worth $31,000. Finally, Solstein Capital LLC bought a new stake in shares of Digital Realty Trust during the second quarter worth $32,000. 99.71% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the company. Guggenheim raised Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a report on Wednesday, July 15th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Mizuho set a $223.00 price objective on shares of Digital Realty Trust in a report on Monday, August 10th. Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $219.69.
Get Our Latest Analysis on Digital Realty Trust
Digital Realty Trust Stock Performance
Digital Realty Trust stock opened at $176.08 on Friday. The company has a market cap of $65.33 billion, a PE ratio of 85.48, a PEG ratio of 3.37 and a beta of 0.99. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The company’s 50-day moving average is $185.05 and its two-hundred day moving average is $187.15.
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 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%. The firm’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts anticipate that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current year.
Digital Realty Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a $1.22 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 236.89%.
Insider Buying and Selling
In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of Digital Realty Trust stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.15% of the company’s stock.
About Digital Realty Trust
Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data center facilities for businesses, cloud service providers, information technology companies and telecommunications organizations. The company provides the physical infrastructure needed to support data storage, networking, cloud computing and other digital operations.
Its services include data center colocation, interconnection and private connectivity solutions. Digital Realty also offers access to cloud and network providers through its PlatformDIGITAL platform, which is designed to help customers deploy, connect and manage their digital infrastructure across multiple locations.
Founded in 2001, Digital Realty serves customers through a global portfolio of data centers and related facilities across North America, Europe, Asia-Pacific and Latin America.
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