Digital Realty Trust, Inc. $DLR Stock: Avior Wealth Management LLC Increases Position

Avior Wealth Management LLC raised its position in Digital Realty Trust, Inc. (NYSE:DLR) by 2,758.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 50,423 shares of the real estate investment trust’s stock after acquiring an additional 48,659 shares during the period. Avior Wealth Management LLC’s holdings in Digital Realty Trust were worth $8,851,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Gables Capital Management Inc. acquired a new position in shares of Digital Realty Trust during the second quarter worth about $29,000. Bell Investment Advisors Inc raised its holdings in Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 62 shares in the last quarter. First Community Trust NA purchased a new position in Digital Realty Trust during the third quarter worth about $31,000. Solstein Capital LLC acquired a new stake in Digital Realty Trust in the second quarter valued at about $32,000. Finally, MV Capital Management Inc. acquired a new stake in Digital Realty Trust in the fourth quarter valued at about $38,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Citigroup reaffirmed a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. TD Cowen raised Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the stock from $192.00 to $222.00 in a research note on Friday, July 24th. Guggenheim raised 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. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. lifted 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 assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $219.69.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $180.07 on Tuesday. 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 fifty-two week low of $146.23 and a fifty-two week high of $208.14. The stock has a market cap of $66.81 billion, a PE ratio of 87.41, a price-to-earnings-growth ratio of 3.42 and a beta of 0.99. The firm’s fifty day simple moving average is $186.56 and its 200-day simple moving average is $187.24.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (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 company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the prior year, the business earned $1.87 EPS. The business’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 expect that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

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

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the stock in a transaction dated 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 directly owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.15% of the company’s stock.

About Digital Realty Trust

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.