Wealthcare Advisory Partners LLC Buys New Stake in Digital Realty Trust, Inc. $DLR

Wealthcare Advisory Partners LLC bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,334 shares of the real estate investment trust’s stock, valued at approximately $233,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Greykasell Wealth Strategies Inc. purchased a new position in shares of Digital Realty Trust in the first quarter valued at $26,000. WPG Advisers LLC purchased a new position in shares of Digital Realty Trust in the first quarter valued at $30,000. 1 North Wealth Services LLC purchased a new position in shares of Digital Realty Trust in the first quarter valued at $31,000. Key Financial Inc grew its holdings in shares of Digital Realty Trust by 114.0% in the first quarter. Key Financial Inc now owns 259 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 138 shares in the last quarter. Finally, GKV Capital Management Co. Inc. purchased a new position in shares of Digital Realty Trust in the first quarter valued at $38,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $175.16, for a total value of $9,330,598.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

DLR has been the subject of a number of analyst reports. Mizuho raised their price target on Digital Realty Trust from $177.00 to $191.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Digital Realty Trust in a research report on Wednesday. Barclays raised their price target on Digital Realty Trust from $140.00 to $141.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 20th. Guggenheim initiated coverage on Digital Realty Trust in a research report on Wednesday, July 9th. They issued a “neutral” rating for the company. Finally, Citigroup restated a “buy” rating on shares of Digital Realty Trust in a research report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $192.44.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $168.62 on Friday. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $198.00. The firm has a 50-day moving average of $169.81 and a two-hundred day moving average of $166.70. The stock has a market cap of $57.51 billion, a price-to-earnings ratio of 44.26, a price-to-earnings-growth ratio of 4.94 and a beta of 0.96. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.22 and a quick ratio of 2.22.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.13. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The business had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the firm posted $1.65 EPS. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. On average, research analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $1.22 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.9%. Digital Realty Trust’s payout ratio is presently 128.08%.

About Digital Realty Trust

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.