Blair William & Co. IL Grows Stock Holdings in Digital Realty Trust, Inc. $DLR

Blair William & Co. IL increased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 2.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,234 shares of the real estate investment trust’s stock after purchasing an additional 594 shares during the period. Blair William & Co. IL’s holdings in Digital Realty Trust were worth $4,399,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DLR. Greykasell Wealth Strategies Inc. purchased a new stake in Digital Realty Trust during the first quarter valued at approximately $26,000. WPG Advisers LLC purchased a new stake in Digital Realty Trust during the first quarter valued at approximately $30,000. 1 North Wealth Services LLC purchased a new stake in Digital Realty Trust during the first quarter valued at approximately $31,000. Key Financial Inc increased its holdings in Digital Realty Trust by 114.0% during the first quarter. Key Financial Inc now owns 259 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 138 shares during the last quarter. Finally, Opal Wealth Advisors LLC purchased a new stake in Digital Realty Trust during the first quarter valued at approximately $38,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $168.62 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.22 and a current ratio of 2.22. The firm has a fifty day moving average price of $169.81 and a 200 day moving average price of $166.97. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The firm has a market cap of $57.51 billion, a price-to-earnings ratio of 44.26, a P/E/G ratio of 4.75 and a beta of 0.96.

Digital Realty Trust (NYSE:DLRGet Free Report) last issued its earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.74 by $0.13. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter in the prior year, the business earned $1.65 earnings per share. Digital Realty Trust’s revenue for the quarter 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. As a group, sell-side analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a dividend of $1.22 per share. The ex-dividend date was Monday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.9%. Digital Realty Trust’s dividend payout ratio is currently 128.08%.

Insider Buying and Selling at Digital Realty Trust

In related 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 transaction of $9,330,598.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.17% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Truist Financial set a $199.00 target price on shares of Digital Realty Trust and gave the company a “buy” rating in a report on Wednesday, July 30th. Raymond James Financial increased their price objective 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. Citigroup reissued a “buy” rating on shares of Digital Realty Trust in a research note on Tuesday, August 26th. Mizuho increased their price objective on shares of Digital Realty Trust from $177.00 to $191.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 17th. Finally, Wells Fargo & Company increased their price objective on shares of Digital Realty Trust from $185.00 to $195.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $191.05.

Check Out Our Latest Research Report on DLR

About Digital Realty Trust

(Free Report)

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.

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

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