Digital Realty Trust, Inc. $DLR Stock Acquired by Hummer Financial Advisory Services Inc

Hummer Financial Advisory Services Inc raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2,097.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,164 shares of the real estate investment trust’s stock after acquiring an additional 33,564 shares during the quarter. Digital Realty Trust makes up about 4.8% of Hummer Financial Advisory Services Inc’s investment portfolio, making the stock its 4th biggest position. Hummer Financial Advisory Services Inc’s holdings in Digital Realty Trust were worth $6,172,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Gables Capital Management Inc. purchased a new stake in shares of Digital Realty Trust during the second quarter worth about $29,000. Bell Investment Advisors Inc lifted its holdings in Digital Realty Trust by 56.9% in the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 62 shares in the last quarter. First Community Trust NA bought a new position in Digital Realty Trust in the 3rd quarter worth approximately $31,000. Solstein Capital LLC bought a new position in Digital Realty Trust in the 2nd quarter worth approximately $32,000. Finally, MV Capital Management Inc. purchased a new stake in Digital Realty Trust during the 4th quarter valued at approximately $38,000. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. TD Cowen raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and raised 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 on the stock in a report on Wednesday, August 5th. Royal Bank Of Canada increased their price objective on shares of Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Finally, Rothschild & Co Redburn assumed coverage on Digital Realty Trust in a research report on Monday, September 21st. They set a “buy” rating and a $227.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $219.69.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of Digital Realty Trust 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 completion of the transaction, the director directly owned 6,322 shares of the company’s stock, valued at $1,226,215.12. The trade was a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.15% of the company’s stock.

Digital Realty Trust Trading Down 2.4%

Shares of DLR opened at $176.18 on Friday. The stock has a market capitalization of $65.36 billion, a PE ratio of 85.52, a P/E/G ratio of 3.46 and a beta of 0.99. The company’s fifty day moving average is $186.99 and its 200 day moving average is $187.19. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the previous year, the business earned $1.87 earnings per share. The business’s quarterly revenue 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. Sell-side analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. 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.