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

Wealth Group Ltd acquired a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 3,174 shares of the real estate investment trust’s stock, valued at approximately $557,000.

Several other hedge funds have also recently modified their holdings of DLR. Gables Capital Management Inc. bought a new position in shares of Digital Realty Trust during the 2nd quarter valued at about $29,000. Bell Investment Advisors Inc grew its holdings in Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 62 shares in the last quarter. First Community Trust NA bought a new stake in Digital Realty Trust in the 3rd quarter worth approximately $31,000. Solstein Capital LLC purchased a new stake in shares of Digital Realty Trust during the 2nd quarter worth approximately $32,000. Finally, Danske Bank A S purchased a new position in shares of Digital Realty Trust in the second quarter valued at $39,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Down 1.1%

DLR traded down $2.12 on Wednesday, reaching $182.53. 611,305 shares of the company traded hands, compared to its average volume of 2,327,023. The company has a market cap of $67.72 billion, a P/E ratio of 88.75, a price-to-earnings-growth ratio of 3.45 and a beta of 0.99. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The firm has a fifty day simple moving average of $187.49 and a two-hundred day simple moving average of $187.16.

Digital Realty Trust (NYSE:DLR) last issued its 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 company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business’s revenue was up 28.9% compared to the same quarter last year. During the same period last year, the business posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities research analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Announces Dividend

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

Insider Transactions at Digital Realty Trust

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Guggenheim upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a report on Wednesday, July 15th. Citigroup reaffirmed a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. BTIG Research lifted their price objective on shares of Digital Realty Trust from $215.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. Finally, Evercore reissued an “outperform” rating and issued a $240.00 target price on shares of Digital Realty Trust in a research note on Tuesday, August 18th. One research 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 company’s stock. According to MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $219.69.

Digital Realty Trust Company 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.