Wealth Group Ltd Acquires 3,174 Shares of Digital Realty Trust, Inc. $DLR

Wealth Group Ltd acquired a new position in Digital Realty Trust, Inc. (NYSE:DLR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,174 shares of the real estate investment trust’s stock, valued at approximately $557,000.

Several other hedge funds also recently added to or reduced their stakes in DLR. BlackRock Inc. acquired a new stake in Digital Realty Trust in the second quarter worth about $7,277,032,000. Bank of America Corp DE acquired a new position in shares of Digital Realty Trust during the second quarter valued at about $1,605,671,000. Canada Pension Plan Investment Board purchased a new position in shares of Digital Realty Trust in the 2nd quarter valued at approximately $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Digital Realty Trust by 17,256.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust’s stock worth $878,325,000 after purchasing an additional 4,862,814 shares in the last quarter. Finally, Cohen & Steers Inc. grew its position in Digital Realty Trust by 18.0% during the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after purchasing an additional 4,276,073 shares during the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the business’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 completion of the transaction, the director directly 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.15% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on DLR shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $229.00 price target on shares of Digital Realty Trust in a research note on Monday, July 27th. Wells Fargo & Company raised shares of Digital Realty Trust from an “overweight” rating to a “buy” rating in a report on Wednesday, August 5th. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a research note on Wednesday, July 15th. Argus raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price target for the company in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. boosted their price target on Digital Realty Trust from $230.00 to $235.00 and gave the company 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 issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Digital Realty Trust has an average rating of “Moderate Buy” and an average price target of $219.69.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock traded down $2.12 during trading on Wednesday, hitting $182.53. 611,305 shares of the company’s stock were exchanged, compared to its average volume of 2,327,023. The stock has a market capitalization of $67.72 billion, a price-to-earnings ratio of 88.75, a PEG ratio of 3.45 and a beta of 0.99. The business has a 50-day simple moving average of $187.49 and a 200-day simple moving average of $187.16. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06.

Digital Realty Trust (NYSE:DLR) last posted 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 during 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%. Digital Realty Trust’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period 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. On average, research analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 236.89%.

Digital Realty Trust Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers and related digital infrastructure. The company provides facilities and technology environments that support the computing, storage, networking and connectivity needs of enterprises, cloud service providers, telecommunications companies and other organizations.

Through its PlatformDIGITAL platform, Digital Realty offers data center colocation, interconnection and hyperscale data center solutions.