ASR Vermogensbeheer N.V. Has $10.10 Million Stock Position in Digital Realty Trust, Inc. $DLR

ASR Vermogensbeheer N.V. lowered its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 57,945 shares of the real estate investment trust’s stock after selling 244 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in Digital Realty Trust were worth $10,101,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Digital Realty Trust by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 52,378,860 shares of the real estate investment trust’s stock worth $7,505,367,000 after purchasing an additional 925,674 shares during the last quarter. Canada Pension Plan Investment Board raised its stake in shares of Digital Realty Trust by 63.0% during the first quarter. Canada Pension Plan Investment Board now owns 7,144,737 shares of the real estate investment trust’s stock worth $1,023,769,000 after buying an additional 2,760,286 shares during the last quarter. Northern Trust Corp raised its stake in shares of Digital Realty Trust by 4.3% during the first quarter. Northern Trust Corp now owns 5,301,199 shares of the real estate investment trust’s stock worth $759,609,000 after buying an additional 220,649 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Digital Realty Trust by 1.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,714,045 shares of the real estate investment trust’s stock valued at $675,456,000 after buying an additional 57,312 shares during the period. Finally, Invesco Ltd. boosted its stake in Digital Realty Trust by 4.8% in the first quarter. Invesco Ltd. now owns 4,092,496 shares of the real estate investment trust’s stock valued at $586,414,000 after acquiring an additional 186,613 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Andrew Power sold 53,269 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $175.16, for a total transaction of $9,330,598.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is currently owned by company insiders.

Digital Realty Trust Stock Up 1.3%

Digital Realty Trust stock opened at $173.67 on Friday. The company has a 50 day moving average of $170.03 and a 200-day moving average of $165.75. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 0.82. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The stock has a market capitalization of $59.23 billion, a PE ratio of 45.58, a price-to-earnings-growth ratio of 4.93 and a beta of 0.96.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 EPS for the quarter, beating the consensus estimate of $1.74 by $0.13. The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.65 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. On average, equities research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a $1.22 dividend. The ex-dividend date was Monday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust’s payout ratio is presently 128.08%.

Wall Street Analysts Forecast Growth

DLR has been the topic of a number of analyst reports. Mizuho increased their price target on Digital Realty Trust from $177.00 to $191.00 and gave the company an “outperform” rating in a research note on Tuesday, June 17th. Truist Financial set a $199.00 target price on Digital Realty Trust and gave the company a “buy” rating in a research note on Wednesday, July 30th. Guggenheim started coverage on Digital Realty Trust in a research report on Wednesday, July 9th. They set a “neutral” rating for the company. Wells Fargo & Company increased their price target on shares of Digital Realty Trust from $185.00 to $195.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Finally, Stifel Nicolaus boosted their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $190.74.

Digital Realty Trust Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.