3,209 Shares in Digital Realty Trust, Inc. $DLR Acquired by Pension & Wealth Management Advisors Inc.

Pension & Wealth Management Advisors Inc. bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,209 shares of the real estate investment trust’s stock, valued at approximately $563,000.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Digital Realty Trust in the second quarter worth $7,277,032,000. Bank of America Corp DE acquired a new stake in shares of Digital Realty Trust during the second quarter worth $1,605,671,000. Canada Pension Plan Investment Board acquired a new stake in shares of Digital Realty Trust during the second quarter worth $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 during the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Digital Realty Trust during the second quarter valued at $691,559,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of NYSE:DLR traded up $1.61 during midday trading on Friday, reaching $176.08. The company’s stock had a trading volume of 3,483,933 shares, compared to its average volume of 1,843,424. 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 stock has a fifty day moving average of $185.05 and a 200 day moving average of $187.15. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The firm has a market capitalization of $65.33 billion, a PE ratio of 85.48, a P/E/G ratio of 3.34 and a beta of 0.99.

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 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 business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the prior year, the firm earned $1.87 earnings per share. The company’s revenue for the quarter 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. 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 business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 15th. Digital Realty Trust’s payout ratio is 236.89%.

Insider Activity at Digital Realty Trust

In other news, Director Mark Patterson sold 200 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the sale, the director owned 6,322 shares in the company, valued at $1,226,215.12. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.15% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Citigroup restated a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their price target for the company from $192.00 to $222.00 in a research note on Friday, July 24th. Rothschild & Co Redburn initiated coverage on Digital Realty Trust in a report on Monday, September 21st. They issued a “buy” rating and a $227.00 price objective on the stock. Weiss Ratings cut Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Finally, Argus upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price objective for the company in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $219.69.

Read Our Latest Research Report on DLR

About Digital Realty Trust

(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.

Further Reading

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

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