Goelzer Investment Management Inc. raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 269.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 18,430 shares of the real estate investment trust’s stock after acquiring an additional 13,442 shares during the period. Goelzer Investment Management Inc.’s holdings in Digital Realty Trust were worth $3,235,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Montecito Bank & Trust grew its holdings in shares of Digital Realty Trust by 413.2% in the 3rd quarter. Montecito Bank & Trust now owns 22,915 shares of the real estate investment trust’s stock valued at $4,022,000 after acquiring an additional 18,450 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Digital Realty Trust by 88.0% during the second quarter. NewEdge Advisors LLC now owns 43,832 shares of the real estate investment trust’s stock worth $7,871,000 after buying an additional 20,513 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in Digital Realty Trust by 40.6% in the second quarter. Benjamin Edwards Inc. now owns 88,953 shares of the real estate investment trust’s stock valued at $15,978,000 after acquiring an additional 25,667 shares during the last quarter. Beacon Pointe Advisors LLC bought a new stake in shares of Digital Realty Trust in the 2nd quarter valued at about $3,286,000. Finally, Galaxy Digital Capital Management GP LLC bought a new position in Digital Realty Trust during the second quarter worth about $2,837,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on DLR. Wall Street Zen raised shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. HSBC lowered their price objective on Digital Realty Trust from $240.00 to $235.00 and set a “buy” rating on the stock in a research report on Wednesday, September 23rd. Barclays lifted 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. 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 report on Wednesday, August 5th. Finally, Citigroup restated a “market outperform” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. One investment 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $219.69.
Digital Realty Trust Price Performance
Shares of DLR opened at $176.08 on Friday. The business has a 50-day moving average of $185.05 and a 200-day moving average of $187.15. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The company has a market capitalization of $65.33 billion, a price-to-earnings ratio of 22.03, a price-to-earnings-growth ratio of 3.34 and a beta of 0.99. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06.
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 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the previous year, the firm earned $1.87 EPS. Digital Realty Trust’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. As a group, equities research analysts anticipate that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current year.
Digital Realty Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 236.89%.
Insider Activity at Digital Realty Trust
In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total transaction of $38,792.00. Following the completion of the sale, the director directly owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. The trade was a 3.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.15% of the stock is currently owned by insiders.
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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