Trust Co. of Oklahoma bought a new position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 33,577 shares of the real estate investment trust’s stock, valued at approximately $5,894,000. Digital Realty Trust makes up about 1.7% of Trust Co. of Oklahoma’s portfolio, making the stock its 14th largest holding.
A number of other large investors have also made changes to their positions in DLR. BlackRock Inc. purchased a new stake in shares of Digital Realty Trust in the second quarter valued at $7,277,032,000. Bank of America Corp DE boosted its position in shares of Digital Realty Trust by 6.0% in 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 buying an additional 534,158 shares during the period. Canada Pension Plan Investment Board purchased a new position in shares of Digital Realty Trust during the second quarter valued at $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Digital Realty Trust by 17,256.9% during the second 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 in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Digital Realty Trust by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 4,850,416 shares of the real estate investment trust’s stock valued at $874,046,000 after buying an additional 35,850 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $229.00 price objective on shares of Digital Realty Trust in a research note on Monday, July 27th. Weiss Ratings cut Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $192.00 to $222.00 in a report on Friday, July 24th. Cantor Fitzgerald increased their price target on shares of Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Finally, Guggenheim upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $219.69.
Get Our Latest Stock Analysis on Digital Realty Trust
Insider Buying and Selling
In other news, Director Mark Patterson sold 200 shares of the stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the transaction, 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 SEC, which can be accessed through this hyperlink. 0.15% of the stock is owned by corporate insiders.
Digital Realty Trust Stock Up 0.1%
DLR stock traded up $0.14 during mid-day trading on Thursday, hitting $172.23. The stock had a trading volume of 984,327 shares, compared to its average volume of 2,310,305. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The company has a fifty day moving average of $185.78 and a 200 day moving average of $187.24. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $63.90 billion, a price-to-earnings ratio of 83.65, a PEG ratio of 3.41 and a beta of 0.99.
Digital Realty Trust (NYSE:DLR – Get Free Report) 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 the consensus estimate of $1.98 by ($0.77). The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, equities analysts expect that Digital Realty Trust, Inc. will post 8.40 EPS for the current fiscal year.
Digital Realty Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 15th. Digital Realty Trust’s payout ratio is currently 236.89%.
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.
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