Digital Realty Trust, Inc. $DLR Holdings Lowered by Syntax Research Inc.

Syntax Research Inc. lowered its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 71.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,416 shares of the real estate investment trust’s stock after selling 8,357 shares during the quarter. Syntax Research Inc.’s holdings in Digital Realty Trust were worth $613,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of DLR. Benjamin Edwards Inc. grew its position in Digital Realty Trust by 40.6% during the 2nd quarter. Benjamin Edwards Inc. now owns 88,953 shares of the real estate investment trust’s stock worth $15,978,000 after purchasing an additional 25,667 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Digital Realty Trust by 3.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock valued at $92,557,000 after purchasing an additional 20,735 shares in the last quarter. Beacon Pointe Advisors LLC purchased a new stake in shares of Digital Realty Trust in the second quarter valued at $3,286,000. Legal & General Group Plc boosted its position in shares of Digital Realty Trust by 5.9% in the fourth quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust’s stock worth $619,956,000 after buying an additional 224,688 shares during the period. Finally, Norges Bank purchased a new position in shares of Digital Realty Trust during the fourth quarter valued at $3,402,995,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Activity at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the transaction, the director directly owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.15% of the company’s stock.

Digital Realty Trust Stock Up 2.2%

DLR stock opened at $187.72 on Friday. 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 has a fifty day simple moving average of $186.45 and a 200 day simple moving average of $186.56. The firm has a market cap of $69.64 billion, a PE ratio of 91.13, a PEG ratio of 3.52 and a beta of 1.02.

Digital Realty Trust (NYSE:DLR) last posted its 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 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 earned $1.87 earnings per share. The company’s quarterly revenue 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. Sell-side 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 will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. Digital Realty Trust’s dividend payout ratio is currently 236.89%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on DLR shares. Wells Fargo & Company raised Digital Realty Trust from an “overweight” rating to a “buy” rating in a research 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. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Finally, Truist Financial decreased their price target on shares of Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating for the company in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $219.45.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.