Digital Realty Trust, Inc. $DLR Stock Holdings Cut by Cwm LLC

Cwm LLC reduced its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.1% in the second quarter, HoldingsChannel.com reports. The firm owned 10,786 shares of the real estate investment trust’s stock after selling 460 shares during the period. Cwm LLC’s holdings in Digital Realty Trust were worth $1,880,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in DLR. Bison Wealth LLC grew its position in Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after buying an additional 390 shares during the last quarter. Johnson Investment Counsel Inc. grew its position in Digital Realty Trust by 7.3% in the first quarter. Johnson Investment Counsel Inc. now owns 4,688 shares of the real estate investment trust’s stock worth $672,000 after buying an additional 319 shares during the last quarter. Blue Trust Inc. grew its position in Digital Realty Trust by 200.5% during the 1st quarter. Blue Trust Inc. now owns 1,644 shares of the real estate investment trust’s stock worth $236,000 after purchasing an additional 1,097 shares in the last quarter. Nilsine Partners LLC grew its position in Digital Realty Trust by 6.5% during the 1st quarter. Nilsine Partners LLC now owns 1,907 shares of the real estate investment trust’s stock worth $273,000 after purchasing an additional 117 shares in the last quarter. Finally, Garde Capital Inc. purchased a new position in Digital Realty Trust during the 1st quarter worth approximately $62,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Trading Down 0.6%

Shares of NYSE:DLR opened at $172.94 on Monday. The firm has a fifty day moving average of $170.01 and a two-hundred day moving average of $167.98. The firm has a market capitalization of $58.98 billion, a P/E ratio of 45.39, a price-to-earnings-growth ratio of 4.86 and a beta of 0.96. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month high of $198.00. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 0.82.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.13. The company had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.44 billion. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter last year, the business posted $1.65 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. On average, equities analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

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

Insider Activity

In related news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction on Monday, September 15th. The shares were sold at an average price of $175.16, for a total value of $9,330,598.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.17% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on DLR. Raymond James Financial lifted their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “strong-buy” rating in a research report on Friday, July 25th. Truist Financial set a $199.00 price objective on shares of Digital Realty Trust and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Wells Fargo & Company lifted their price objective on shares of Digital Realty Trust from $185.00 to $195.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Barclays lifted their price objective on shares of Digital Realty Trust from $140.00 to $141.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 20th. Finally, Guggenheim began coverage on shares of Digital Realty Trust in a research report on Wednesday, July 9th. They set a “neutral” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $191.25.

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.