Frisco Financial Planning LLC purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 13,402 shares of the real estate investment trust’s stock, valued at approximately $2,352,000. Digital Realty Trust comprises about 1.9% of Frisco Financial Planning LLC’s investment portfolio, making the stock its 14th largest position.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. General Partner Inc. bought a new stake in Digital Realty Trust during the 3rd quarter worth approximately $718,000. Ferguson Wellman Capital Management Inc. grew its holdings in shares of Digital Realty Trust by 1,056.9% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 25,476 shares of the real estate investment trust’s stock worth $4,472,000 after purchasing an additional 23,274 shares during the last quarter. Adelphi Trust Co increased its stake in shares of Digital Realty Trust by 166.0% in the third quarter. Adelphi Trust Co now owns 3,849 shares of the real estate investment trust’s stock valued at $676,000 after buying an additional 2,402 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Digital Realty Trust by 32.1% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 34,817 shares of the real estate investment trust’s stock valued at $6,111,000 after buying an additional 8,467 shares during the last quarter. Finally, First Citizens Financial Corp acquired a new position in Digital Realty Trust during the 3rd quarter worth about $100,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the stock. Evercore restated an “outperform” rating and issued a $240.00 price objective on shares of Digital Realty Trust in a research report on Tuesday, August 18th. 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 research note on Wednesday, July 15th. Citigroup reissued a “market outperform” rating on shares of Digital Realty Trust in a report on Friday, July 24th. HSBC dropped their price objective on shares of Digital Realty Trust from $240.00 to $235.00 and set a “buy” rating for the company in a research report on Wednesday, September 23rd. Finally, Weiss Ratings cut Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. One 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 company. According to MarketBeat.com, Digital Realty Trust has an average rating of “Moderate Buy” and an average price target of $219.69.
Digital Realty Trust Trading Up 0.7%
NYSE DLR traded up $1.23 during trading hours on Monday, hitting $179.78. The company’s stock had a trading volume of 1,517,122 shares, compared to its average volume of 2,338,897. 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 $66.70 billion, a P/E ratio of 87.27, a PEG ratio of 3.42 and a beta of 0.99. 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 $187.97 and a 200 day moving average of $187.13.
Digital Realty Trust (NYSE:DLR – Get Free Report) 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 business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business’s revenue was up 28.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities research analysts forecast that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.
Digital Realty Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is currently 236.89%.
Insiders Place Their Bets
In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the 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 transaction, the director 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.15% of the company’s stock.
Digital Realty Trust Company Profile
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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