Digital Realty Trust, Inc. $DLR Stock Holdings Raised by Iowa State Bank

Iowa State Bank raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 64.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,970 shares of the real estate investment trust’s stock after purchasing an additional 9,412 shares during the period. Iowa State Bank’s holdings in Digital Realty Trust were worth $4,207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Gables Capital Management Inc. bought a new stake in Digital Realty Trust in the second quarter worth about $29,000. Bell Investment Advisors Inc grew its position in shares of 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 worth $31,000 after buying an additional 62 shares in the last quarter. Solstein Capital LLC purchased a new position in shares of Digital Realty Trust during the second quarter valued at $32,000. MCF Advisors LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $35,000. Finally, MV Capital Management Inc. bought a new position in Digital Realty Trust during the 4th quarter worth about $38,000. Institutional investors own 99.71% of the company’s stock.

Insider Buying and Selling

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of Digital Realty Trust stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total value of $38,792.00. Following the completion of the transaction, the director 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.15% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of NYSE DLR traded up $4.62 during trading on Tuesday, reaching $184.49. 576,558 shares of the company traded hands, compared to its average volume of 2,329,584. The stock has a market cap of $68.44 billion, a P/E ratio of 89.56, a PEG ratio of 3.42 and a beta of 0.99. The firm’s fifty day simple moving average is $187.65 and its 200 day simple moving average is $187.12. The company has a current ratio of 1.06, a quick 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.

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

Digital Realty Trust Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.6%. Digital Realty Trust’s dividend payout ratio is 236.89%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on DLR shares. Wells Fargo & Company raised shares of Digital Realty Trust from an “overweight” rating to a “buy” rating in a research report on Wednesday, August 5th. Barclays boosted their price objective on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 1st. Mizuho set a $223.00 target price on Digital Realty Trust in a research report on Monday, August 10th. HSBC reduced their price target on Digital Realty Trust from $240.00 to $235.00 and set a “buy” rating for the company in a research report on Wednesday, September 23rd. Finally, Truist Financial dropped their price objective on Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. One equities research 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $219.69.

Check Out Our Latest Stock Report on DLR

Digital Realty Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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