Silverlake Wealth Management LLC Makes New $567,000 Investment in Digital Realty Trust, Inc. $DLR

Silverlake Wealth Management LLC purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,159 shares of the real estate investment trust’s stock, valued at approximately $567,000.

A number of other institutional investors have also modified their holdings of DLR. Nomura Asset Management Co. Ltd. lifted its stake in shares of Digital Realty Trust by 3.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock worth $92,557,000 after purchasing an additional 20,735 shares during the period. Norges Bank acquired a new stake in shares of Digital Realty Trust during the fourth quarter worth $3,402,995,000. Legal & General Group Plc grew its position in shares of Digital Realty Trust by 5.9% in the fourth quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust’s stock valued at $619,956,000 after purchasing an additional 224,688 shares during the period. Eurizon Capital SGR S.p.A. acquired a new position in Digital Realty Trust in the fourth quarter valued at $21,224,000. Finally, Pacific Heights Asset Management LLC increased its stake in Digital Realty Trust by 20.0% in the fourth quarter. Pacific Heights Asset Management LLC now owns 150,000 shares of the real estate investment trust’s stock valued at $23,206,000 after purchasing an additional 25,000 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on DLR shares. Argus raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price target on the stock in a research note on Wednesday, August 5th. BTIG Research started coverage on shares of Digital Realty Trust in a research note on Friday, July 10th. They set a “buy” rating and a $215.00 price objective for the company. Scotiabank increased their price objective on shares of Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a report on Monday, April 27th. Cantor Fitzgerald raised their target price on shares of Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Finally, BNP Paribas Exane boosted their target price on shares of Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $219.13.

Digital Realty Trust Price Performance

DLR stock opened at $200.07 on Friday. The stock has a 50-day moving average price of $185.78 and a two-hundred day moving average price of $184.37. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The company has a market cap of $74.03 billion, a PE ratio of 97.12, a price-to-earnings-growth ratio of 5.67 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business’s revenue was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, research analysts predict that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is 236.89%.

Digital Realty Trust Profile

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.