Stratos Investment Management LLC Boosts Stock Position in Digital Realty Trust, Inc. $DLR

Stratos Investment Management LLC raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 1.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,707 shares of the real estate investment trust’s stock after acquiring an additional 280 shares during the quarter. Stratos Investment Management LLC’s holdings in Digital Realty Trust were worth $4,133,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Greykasell Wealth Strategies Inc. purchased a new position in Digital Realty Trust in the 1st quarter worth about $26,000. WPG Advisers LLC bought a new position in Digital Realty Trust in the 1st quarter worth about $30,000. 1 North Wealth Services LLC bought a new position in Digital Realty Trust in the 1st quarter worth about $31,000. Key Financial Inc raised its stake in shares of 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 acquiring an additional 138 shares in the last quarter. Finally, GKV Capital Management Co. Inc. purchased a new stake in shares of Digital Realty Trust in the first quarter valued at approximately $38,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust 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 transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.13% of the company’s stock.

Digital Realty Trust Trading Down 0.7%

Shares of NYSE DLR opened at $174.02 on Friday. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $198.00. The business has a fifty day moving average price of $169.96 and a 200 day moving average price of $167.48. The stock has a market capitalization of $59.35 billion, a P/E ratio of 45.67, a price-to-earnings-growth ratio of 4.93 and a beta of 0.96. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.22 and a quick ratio of 2.22.

Digital Realty Trust (NYSE:DLR) last announced its 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 net margin of 23.98% and a return on equity of 6.46%. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the previous year, the company posted $1.65 earnings per share. The firm’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. Equities research analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS 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 paid a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.8%. The ex-dividend date was Monday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 128.08%.

Wall Street Analysts Forecast Growth

DLR has been the topic of several research reports. Guggenheim began coverage on Digital Realty Trust in a report on Wednesday, July 9th. They set a “neutral” rating on the stock. Citigroup restated a “buy” rating on shares of Digital Realty Trust in a research note on Tuesday, August 26th. Raymond James Financial lifted their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the company a “strong-buy” rating in a report on Friday, July 25th. Moffett Nathanson increased their target price on shares of Digital Realty Trust from $163.00 to $166.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Finally, Wells Fargo & Company raised their target price on shares of Digital Realty Trust from $185.00 to $195.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $191.25.

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.