Waverly Advisors LLC Grows Holdings in Digital Realty Trust, Inc. $DLR

Waverly Advisors LLC boosted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 54.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,656 shares of the real estate investment trust’s stock after buying an additional 3,392 shares during the quarter. Waverly Advisors LLC’s holdings in Digital Realty Trust were worth $1,734,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nykredit A S purchased a new stake in shares of Digital Realty Trust during the second quarter worth about $22,300,000. Range Advisory LLC grew its stake in Digital Realty Trust by 8.8% during the 2nd quarter. Range Advisory LLC now owns 3,946 shares of the real estate investment trust’s stock valued at $709,000 after purchasing an additional 318 shares in the last quarter. Amundi grew its stake in Digital Realty Trust by 57.3% during the 2nd quarter. Amundi now owns 3,940,647 shares of the real estate investment trust’s stock valued at $707,661,000 after purchasing an additional 1,436,171 shares in the last quarter. HighTower Advisors LLC increased its holdings in Digital Realty Trust by 0.4% during the 2nd quarter. HighTower Advisors LLC now owns 50,950 shares of the real estate investment trust’s stock worth $9,150,000 after purchasing an additional 225 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Digital Realty Trust during the 2nd quarter worth approximately $17,695,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DLR has been the subject of several research analyst reports. TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the company from $192.00 to $222.00 in a research note on Friday, July 24th. Argus upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price target for the company in a research note on Wednesday, August 5th. Guggenheim raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price target on the stock in a report on Wednesday, July 15th. Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, Mizuho set a $223.00 price objective on shares of Digital Realty Trust in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $219.61.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust 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 sale, the director directly owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.15% of the company’s stock.

Digital Realty Trust Trading Up 1.7%

NYSE:DLR opened at $188.50 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The business’s 50 day moving average is $187.33 and its two-hundred day moving average is $186.94. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The company has a market cap of $69.93 billion, a PE ratio of 91.51, a P/E/G ratio of 3.61 and a beta of 1.02.

Digital Realty Trust (NYSE:DLR) last issued 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). The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.Digital Realty Trust’s revenue was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, analysts predict that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $1.22 per share. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.6%. Digital Realty Trust’s payout ratio is presently 236.89%.

About Digital Realty Trust

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers around the world. The company provides the physical infrastructure businesses need to house information technology equipment, cloud-computing resources and critical digital systems.

Its services include data center colocation, hyperscale facilities, interconnection and related infrastructure solutions. Through its PlatformDIGITAL offering, Digital Realty helps customers connect to cloud providers, network operators, internet service providers, enterprises and other digital ecosystems.