Cyndeo Wealth Partners LLC Buys 18,845 Shares of Digital Realty Trust, Inc. $DLR

Cyndeo Wealth Partners LLC lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 359.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,092 shares of the real estate investment trust’s stock after purchasing an additional 18,845 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in Digital Realty Trust were worth $4,229,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Digital Realty Trust in the 2nd quarter valued at $7,277,032,000. Bank of America Corp DE acquired a new stake in Digital Realty Trust during the second quarter valued at $1,605,671,000. Canada Pension Plan Investment Board acquired a new stake in Digital Realty Trust during the second quarter valued at $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Digital Realty Trust by 17,256.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust’s stock valued at $878,325,000 after buying an additional 4,862,814 shares in the last quarter. Finally, Legal & General Group Plc purchased a new position in Digital Realty Trust in the second quarter valued at $691,559,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the completion of the transaction, the director owned 6,322 shares in the company, valued at $1,226,215.12. This represents a 3.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.15% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on DLR shares. Barclays upped their price objective on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $229.00 target price on shares of Digital Realty Trust in a research report on Monday, July 27th. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research note on Wednesday, July 15th. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Finally, HSBC lowered their price target on Digital Realty Trust from $240.00 to $235.00 and set a “buy” rating on the stock in a research report on Wednesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $219.69.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $176.08 on Friday. The firm has a market cap of $65.33 billion, a PE ratio of 85.48, a PEG ratio of 3.34 and a beta of 0.99. The firm has a fifty day moving average of $185.05 and a 200 day moving average of $187.15. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The company 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $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 8.40 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s payout ratio is currently 236.89%.

Digital Realty Trust Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers and related digital infrastructure. The company provides facilities and technology environments that support the computing, storage, networking and connectivity needs of enterprises, cloud service providers, telecommunications companies and other organizations.

Through its PlatformDIGITAL platform, Digital Realty offers data center colocation, interconnection and hyperscale data center solutions.