Digital Realty Trust, Inc. $DLR Shares Sold by Integral Investment Advisors Inc.

Integral Investment Advisors Inc. lessened its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 20.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,159 shares of the real estate investment trust’s stock after selling 545 shares during the quarter. Integral Investment Advisors Inc.’s holdings in Digital Realty Trust were worth $376,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Greykasell Wealth Strategies Inc. acquired a new position in shares of Digital Realty Trust during the first quarter valued at approximately $26,000. AlphaQuest LLC grew its position in Digital Realty Trust by 163.5% in the second quarter. AlphaQuest LLC now owns 195 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 121 shares during the last quarter. Rossby Financial LCC acquired a new position in Digital Realty Trust in the second quarter worth approximately $35,000. WPG Advisers LLC acquired a new position in Digital Realty Trust in the first quarter worth approximately $30,000. Finally, 1 North Wealth Services LLC acquired a new position in Digital Realty Trust in the first quarter worth approximately $31,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DLR. Raymond James Financial lifted their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a “strong-buy” rating in a research report on Friday, July 25th. Wells Fargo & Company lifted their price target on shares of Digital Realty Trust from $185.00 to $195.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. 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 report on Monday, October 6th. Truist Financial set a $199.00 price target on shares of Digital Realty Trust and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Finally, Cowen restated a “hold” rating on shares of Digital Realty Trust in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $197.52.

Insider Activity

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 transaction of $9,330,598.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.17% of the stock is owned by company insiders.

Digital Realty Trust Trading Down 0.5%

NYSE DLR opened at $178.30 on Tuesday. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.22 and a current ratio of 2.02. The stock has a market cap of $60.81 billion, a price-to-earnings ratio of 46.07, a PEG ratio of 4.96 and a beta of 0.96. The firm’s 50 day moving average price is $170.93 and its two-hundred day moving average price is $169.48.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.11. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. The firm had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.53 billion. During the same period in the previous year, the company posted $1.67 EPS. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2025 guidance at 7.320-7.380 EPS. Equities analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.7%. Digital Realty Trust’s dividend payout ratio (DPR) is 126.10%.

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.