Evolve Private Wealth LLC Purchases Shares of 3,997 Digital Realty Trust, Inc. $DLR

Evolve Private Wealth LLC bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, Holdings Channel reports. The institutional investor bought 3,997 shares of the real estate investment trust’s stock, valued at approximately $718,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sunbelt Securities Inc. boosted its holdings in Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares during the last quarter. Gables Capital Management Inc. bought a new position in shares of Digital Realty Trust during the second quarter valued at about $29,000. Bell Investment Advisors Inc lifted its position in shares of Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 62 shares in the last quarter. Harvest Fund Management Co. Ltd boosted its holdings in Digital Realty Trust by 970.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 165 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Digital Realty Trust during the third quarter worth about $34,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DLR has been the subject of several analyst reports. Royal Bank Of Canada increased their price objective on shares of Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. KeyCorp restated a “sector weight” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Wall Street Zen raised Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Cantor Fitzgerald increased their price target on Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Citigroup reiterated a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus target price of $219.45.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $188.52 on Tuesday. The firm has a market capitalization of $69.94 billion, a PE ratio of 91.51, a P/E/G ratio of 5.40 and a beta of 1.03. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The company has a 50-day moving average price of $186.97 and a two-hundred day moving average price of $185.72. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $1.22 per share. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. Digital Realty Trust’s dividend payout ratio is currently 236.89%.

About Digital Realty Trust

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.