Atria Wealth Solutions Inc. Sells 14,168 Shares of Digital Realty Trust, Inc. $DLR

Atria Wealth Solutions Inc. cut its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 87.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,082 shares of the real estate investment trust’s stock after selling 14,168 shares during the period. Atria Wealth Solutions Inc.’s holdings in Digital Realty Trust were worth $360,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Digital Realty Trust by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 52,378,860 shares of the real estate investment trust’s stock worth $7,505,367,000 after buying an additional 925,674 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Digital Realty Trust by 63.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 7,144,737 shares of the real estate investment trust’s stock worth $1,023,769,000 after purchasing an additional 2,760,286 shares during the period. Northern Trust Corp boosted its stake in shares of Digital Realty Trust by 4.3% during the 1st quarter. Northern Trust Corp now owns 5,301,199 shares of the real estate investment trust’s stock worth $759,609,000 after purchasing an additional 220,649 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Digital Realty Trust by 1.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,714,045 shares of the real estate investment trust’s stock worth $675,456,000 after purchasing an additional 57,312 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Digital Realty Trust by 4.8% during the 1st quarter. Invesco Ltd. now owns 4,092,496 shares of the real estate investment trust’s stock worth $586,414,000 after purchasing an additional 186,613 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Trading Up 0.1%

NYSE DLR opened at $172.91 on Tuesday. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 0.82. The firm has a market cap of $58.97 billion, a PE ratio of 45.38, a price-to-earnings-growth ratio of 4.86 and a beta of 0.96. The company has a 50 day moving average price of $170.10 and a 200 day moving average price of $168.23. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 EPS for the quarter, topping the consensus estimate of $1.74 by $0.13. The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.44 billion. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. Digital Realty Trust’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.65 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. As a group, sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

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

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 that occurred 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 SEC, which is available at this hyperlink. Insiders own 0.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on DLR shares. Truist Financial set a $199.00 price target on shares of Digital Realty Trust and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Wolfe Research raised shares of Digital Realty Trust from a “peer perform” rating to an “outperform” rating and set a $194.00 price target for the company in a research note on Monday. Moffett Nathanson lifted their price target on shares of Digital Realty Trust from $163.00 to $166.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Stifel Nicolaus lifted their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Finally, Citigroup reissued a “buy” rating on shares of Digital Realty Trust in a research report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and an average price target of $191.38.

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.