Hall Capital Management Co. Inc. Purchases 497 Shares of Digital Realty Trust, Inc. $DLR

Hall Capital Management Co. Inc. boosted its position in Digital Realty Trust, Inc. (NYSE:DLR) by 2.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,309 shares of the real estate investment trust’s stock after purchasing an additional 497 shares during the quarter. Digital Realty Trust comprises about 1.3% of Hall Capital Management Co. Inc.’s portfolio, making the stock its 25th biggest holding. Hall Capital Management Co. Inc.’s holdings in Digital Realty Trust were worth $3,192,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Bison Wealth LLC lifted its position in shares of Digital Realty Trust by 17.2% during the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after acquiring an additional 390 shares during the period. Courier Capital LLC lifted its position in shares of Digital Realty Trust by 12.8% during the 1st quarter. Courier Capital LLC now owns 15,705 shares of the real estate investment trust’s stock valued at $2,250,000 after acquiring an additional 1,780 shares during the period. Daymark Wealth Partners LLC lifted its position in shares of Digital Realty Trust by 12.3% during the 1st quarter. Daymark Wealth Partners LLC now owns 2,311 shares of the real estate investment trust’s stock valued at $331,000 after acquiring an additional 254 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Digital Realty Trust by 36.3% during the 1st quarter. Farther Finance Advisors LLC now owns 3,684 shares of the real estate investment trust’s stock valued at $538,000 after acquiring an additional 981 shares during the period. Finally, Yousif Capital Management LLC lifted its position in shares of Digital Realty Trust by 1.1% during the 1st quarter. Yousif Capital Management LLC now owns 51,461 shares of the real estate investment trust’s stock valued at $7,374,000 after acquiring an additional 542 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $175.16, for a total value of $9,330,598.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.17% of the stock is currently owned by insiders.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $175.09 on Wednesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.22 and a current ratio of 2.22. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. The stock has a market capitalization of $59.71 billion, a P/E ratio of 45.95, a price-to-earnings-growth ratio of 5.09 and a beta of 0.96. The stock has a fifty day moving average of $169.96 and a 200-day moving average of $166.39.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the previous year, the firm earned $1.65 EPS. Digital Realty Trust’s 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. On average, sell-side analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, September 15th. Digital Realty Trust’s dividend payout ratio is presently 128.08%.

Analysts Set New Price Targets

DLR has been the subject of a number of recent analyst reports. Citigroup reiterated a “buy” rating on shares of Digital Realty Trust in a research report on Tuesday, August 26th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Digital Realty Trust in a research report on Saturday, September 27th. Truist Financial set a $199.00 target price on Digital Realty Trust and gave the company a “buy” rating in a research report on Wednesday, July 30th. Guggenheim assumed coverage on Digital Realty Trust in a research report on Wednesday, July 9th. They set a “neutral” rating for the company. Finally, Barclays boosted their price target on Digital Realty Trust from $140.00 to $141.00 and gave the stock an “underweight” rating in a report on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average target price of $192.44.

About Digital Realty Trust

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.