Digital Realty Trust, Inc. $DLR Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 11.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,768 shares of the real estate investment trust’s stock after buying an additional 874 shares during the quarter. GAMMA Investing LLC’s holdings in Digital Realty Trust were worth $1,529,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Pacific Heights Asset Management LLC grew its position in shares of Digital Realty Trust by 33.3% in the first quarter. Pacific Heights Asset Management LLC now owns 100,000 shares of the real estate investment trust’s stock valued at $14,329,000 after purchasing an additional 25,000 shares during the last quarter. Vectors Research Management LLC lifted its stake in Digital Realty Trust by 15.8% in the 1st quarter. Vectors Research Management LLC now owns 21,507 shares of the real estate investment trust’s stock valued at $3,082,000 after buying an additional 2,930 shares in the last quarter. Asset Management One Co. Ltd. grew its holdings in Digital Realty Trust by 3.5% during the 1st quarter. Asset Management One Co. Ltd. now owns 643,424 shares of the real estate investment trust’s stock valued at $92,196,000 after buying an additional 21,598 shares during the last quarter. Brown Advisory Inc. increased its position in Digital Realty Trust by 25.2% during the first quarter. Brown Advisory Inc. now owns 8,174 shares of the real estate investment trust’s stock worth $1,171,000 after buying an additional 1,644 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Digital Realty Trust by 9.6% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 140,347 shares of the real estate investment trust’s stock worth $20,110,000 after acquiring an additional 12,289 shares during the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Stock Up 1.5%

Shares of NYSE DLR opened at $174.67 on Tuesday. The stock has a fifty day moving average price of $170.79 and a 200 day moving average price of $164.66. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.82. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month high of $198.00. The company has a market cap of $59.57 billion, a P/E ratio of 45.84, a P/E/G ratio of 4.95 and a beta of 0.96.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.13. Digital Realty Trust had a return on equity of 6.46% and a net margin of 23.98%.The company had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the previous year, the firm posted $1.65 earnings per share. The firm’s quarterly revenue was up 10.0% on a year-over-year basis. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. 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 disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a dividend of $1.22 per share. The ex-dividend date is Monday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.08%.

Analyst Upgrades and Downgrades

DLR has been the topic of a number of analyst reports. Guggenheim started coverage on Digital Realty Trust in a research note on Wednesday, July 9th. They set a “neutral” rating on the stock. Wall Street Zen raised shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Sunday, June 1st. Barclays boosted their price objective on shares of Digital Realty Trust from $140.00 to $141.00 and gave the company an “underweight” rating in a research report on Wednesday, August 20th. Wells Fargo & Company raised their target price on shares of Digital Realty Trust from $185.00 to $195.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Finally, Raymond James Financial lifted their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “strong-buy” rating in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average target price of $190.74.

Insider Activity at Digital Realty Trust

In other news, CEO Andrew Power sold 53,269 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $175.16, for a total value of $9,330,598.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.17% of the company’s stock.

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.