23,617 Digital Realty Trust, Inc. $DLR Shares Bought by Wedmont Private Capital

Wedmont Private Capital lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 490.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,437 shares of the real estate investment trust’s stock after acquiring an additional 23,617 shares during the quarter. Wedmont Private Capital’s holdings in Digital Realty Trust were worth $4,992,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of DLR. BlackRock Inc. bought a new position in Digital Realty Trust in the second quarter valued at about $7,277,032,000. Cohen & Steers Inc. grew its holdings in shares of Digital Realty Trust by 18.0% during the fourth 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. Bank of America Corp DE grew its holdings in shares of Digital Realty Trust by 6.0% during the first quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust’s stock worth $1,706,714,000 after purchasing an additional 534,158 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Digital Realty Trust in the second quarter valued at approximately $1,178,095,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings 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 valued at $878,325,000 after buying an additional 4,862,814 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on DLR. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Citigroup reiterated a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Rothschild & Co Redburn initiated coverage on shares of Digital Realty Trust in a research note on Monday, September 21st. They issued a “buy” rating and a $227.00 price objective on the stock. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Argus raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price on the stock in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $219.69.

Digital Realty Trust Trading Up 1.3%

Digital Realty Trust stock traded up $2.22 during mid-day trading on Friday, hitting $178.29. 484,312 shares of the stock were exchanged, compared to its average volume of 2,324,897. 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 12 month low of $146.23 and a 12 month high of $208.14. The firm’s fifty day simple moving average is $186.99 and its two-hundred day simple moving average is $187.19. The stock has a market capitalization of $66.15 billion, a price-to-earnings ratio of 86.45, a PEG ratio of 3.46 and a beta of 0.99.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data 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). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the company posted $1.87 earnings per share. The company’s revenue for the quarter was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Announces Dividend

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

Insider Activity

In related news, Director Mark Patterson sold 200 shares of the company’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 in the company, valued at $1,226,215.12. This represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.15% of the stock is owned by corporate insiders.

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.