Digital Realty Trust, Inc. $DLR Shares Acquired by New Hampshire Trust

New Hampshire Trust increased its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 4.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,251 shares of the real estate investment trust’s stock after acquiring an additional 197 shares during the period. New Hampshire Trust’s holdings in Digital Realty Trust were worth $741,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of DLR. Canada Pension Plan Investment Board raised its stake in shares of Digital Realty Trust by 63.0% in the first quarter. Canada Pension Plan Investment Board now owns 7,144,737 shares of the real estate investment trust’s stock valued at $1,023,769,000 after acquiring an additional 2,760,286 shares in the last quarter. Nuveen LLC purchased a new position in Digital Realty Trust in the first quarter valued at $342,389,000. Vanguard Group Inc. increased its holdings in Digital Realty Trust by 1.8% in the first quarter. Vanguard Group Inc. now owns 52,378,860 shares of the real estate investment trust’s stock valued at $7,505,367,000 after buying an additional 925,674 shares during the last quarter. Pictet Asset Management Holding SA increased its holdings in Digital Realty Trust by 41.5% in the first quarter. Pictet Asset Management Holding SA now owns 3,129,819 shares of the real estate investment trust’s stock valued at $448,422,000 after buying an additional 918,549 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Digital Realty Trust by 37.2% in the first quarter. Goldman Sachs Group Inc. now owns 3,009,673 shares of the real estate investment trust’s stock valued at $431,256,000 after buying an additional 816,334 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Shares of DLR opened at $179.62 on Friday. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The stock’s 50 day moving average is $170.66 and its two-hundred day moving average is $169.09. The firm has a market capitalization of $61.26 billion, a PE ratio of 46.41, a P/E/G ratio of 5.05 and a beta of 0.96. 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 (NYSE:DLR) last announced its quarterly earnings results on Thursday, October 23rd. The real estate investment trust reported $1.89 EPS for the quarter, topping the consensus estimate of $1.78 by $0.11. The business had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.53 billion. Digital Realty Trust had a return on equity of 6.50% and a net margin of 23.67%.The company’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.67 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.320-7.380 EPS. Research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. Digital Realty Trust’s payout ratio is 126.10%.

Insider Activity at Digital Realty Trust

In related news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $175.16, for a total transaction of $9,330,598.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on DLR shares. Wells Fargo & Company increased their target price on Digital Realty Trust from $185.00 to $195.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Wolfe Research raised Digital Realty Trust from a “peer perform” rating to an “outperform” rating and set a $194.00 price objective on the stock in a report on Monday, October 20th. Guggenheim began coverage on Digital Realty Trust in a report on Wednesday, July 9th. They set a “neutral” rating on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Digital Realty Trust in a report on Friday. Finally, Truist Financial set a $199.00 price objective on Digital Realty Trust and gave the stock a “buy” rating in a report on Wednesday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $196.67.

Digital Realty Trust Company 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.