Digital Realty Trust, Inc. $DLR Position Lifted by YANKCOM Partnership

YANKCOM Partnership lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 56.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,007 shares of the real estate investment trust’s stock after purchasing an additional 4,315 shares during the quarter. Digital Realty Trust comprises 0.7% of YANKCOM Partnership’s investment portfolio, making the stock its 29th biggest holding. YANKCOM Partnership’s holdings in Digital Realty Trust were worth $2,108,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in DLR. Assenagon Asset Management S.A. raised its holdings in Digital Realty Trust by 6.4% in the third quarter. Assenagon Asset Management S.A. now owns 14,874 shares of the real estate investment trust’s stock worth $2,611,000 after purchasing an additional 897 shares in the last quarter. Mystic Asset Management Inc. boosted its holdings in shares of Digital Realty Trust by 5.9% during the 3rd quarter. Mystic Asset Management Inc. now owns 5,367 shares of the real estate investment trust’s stock valued at $942,000 after buying an additional 301 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Digital Realty Trust by 17.9% during the 3rd quarter. State of Alaska Department of Revenue now owns 243,799 shares of the real estate investment trust’s stock valued at $42,794,000 after buying an additional 36,981 shares in the last quarter. Trust Co. of Oklahoma purchased a new stake in shares of Digital Realty Trust in the 3rd quarter worth about $5,894,000. Finally, InvesTrust purchased a new stake in shares of Digital Realty Trust in the 3rd quarter worth about $159,000. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Up 1.2%

DLR stock opened at $174.23 on Friday. The business has a 50 day moving average of $185.40 and a 200 day moving average of $187.23. The firm has a market cap of $64.64 billion, a PE ratio of 84.58, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLR – Get Free Report) last released 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). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%. The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the firm posted $1.87 earnings per share. The company’s revenue was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, research analysts forecast that Digital Realty Trust, Inc. will post 8.40 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a $1.22 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.8%. Digital Realty Trust’s payout ratio is presently 236.89%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DLR. 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. Rothschild & Co Redburn assumed coverage on shares of Digital Realty Trust in a research report on Monday, September 21st. They set a “buy” rating and a $227.00 price target for the company. Barclays boosted their price objective on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 1st. Evercore restated an “outperform” rating and issued a $240.00 price objective on shares of Digital Realty Trust in a report on Tuesday, August 18th. Finally, Guggenheim raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $219.69.

Get Our Latest Report on Digital Realty Trust

Insider Transactions at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of the stock in a transaction dated 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.15% of the stock is currently owned by insiders.

Digital Realty Trust Profile

(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.

Read More

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

Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.