Horst & Graben Wealth Management LLC Purchases 4,159 Shares of Digital Realty Trust, Inc. $DLR

Horst & Graben Wealth Management LLC grew its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 38.3% in the first quarter, HoldingsChannel reports. The fund owned 15,010 shares of the real estate investment trust’s stock after acquiring an additional 4,159 shares during the period. Horst & Graben Wealth Management LLC’s holdings in Digital Realty Trust were worth $2,947,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in DLR. Sunbelt Securities Inc. lifted its position in shares of Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 125 shares in the last quarter. Bell Investment Advisors Inc grew its position 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 valued at $31,000 after purchasing an additional 62 shares in the last quarter. Harvest Fund Management Co. Ltd grew its position in Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 165 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Digital Realty Trust in the 3rd quarter valued at $34,000. Finally, MCF Advisors LLC bought a new stake in Digital Realty Trust during the 4th quarter worth about $35,000. 99.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on DLR shares. BMO Capital Markets raised their price objective on Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Cantor Fitzgerald reissued an “overweight” rating and set a $211.00 price target on shares of Digital Realty Trust in a research report on Friday, May 1st. Raymond James Financial raised their price target on Digital Realty Trust from $210.00 to $235.00 and gave the company a “strong-buy” rating in a research note on Friday, April 24th. Barclays boosted their price target on Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 1st. Finally, Jefferies Financial Group increased their price objective on Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $216.81.

Digital Realty Trust Stock Performance

Shares of NYSE DLR opened at $174.71 on Wednesday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $61.39 billion, a P/E ratio of 46.10, a P/E/G ratio of 4.72 and a beta of 1.03. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month high of $208.14. The stock has a 50 day moving average of $188.86 and a 200-day moving average of $178.62.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The business had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the prior year, the business earned $1.77 EPS. The firm’s revenue for the quarter was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, equities research analysts predict that Digital Realty Trust, Inc. will post 8.05 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.76%.

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.