1,399 Shares in Digital Realty Trust, Inc. $DLR Acquired by Commons Capital LLC

Commons Capital LLC acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,399 shares of the real estate investment trust’s stock, valued at approximately $244,000.

A number of other hedge funds have also made changes to their positions in DLR. Greykasell Wealth Strategies Inc. purchased a new position in Digital Realty Trust in the first quarter valued at approximately $26,000. WPG Advisers LLC purchased a new position in shares of Digital Realty Trust in the 1st quarter valued at $30,000. 1 North Wealth Services LLC purchased a new position in shares of Digital Realty Trust in the 1st quarter valued at $31,000. Key Financial Inc grew its position in shares of Digital Realty Trust by 114.0% in the 1st quarter. Key Financial Inc now owns 259 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 138 shares during the last quarter. Finally, GKV Capital Management Co. Inc. purchased a new position in shares of Digital Realty Trust in the 1st quarter valued at $38,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of the stock in a transaction 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 document filed with the SEC, which is available at this link. 0.13% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on DLR shares. Morgan Stanley started coverage on Digital Realty Trust in a report on Thursday. They set an “equal weight” rating and a $195.00 price objective on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Digital Realty Trust in a research note on Wednesday, October 8th. Truist Financial set a $199.00 price target on Digital Realty Trust and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Barclays raised their target price on shares of Digital Realty Trust from $140.00 to $141.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 20th. Finally, Moffett Nathanson raised their target price 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. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $191.25.

Digital Realty Trust Stock Down 0.7%

DLR stock opened at $174.02 on Friday. The company has a market cap of $59.35 billion, a P/E ratio of 45.67, a P/E/G ratio of 4.93 and a beta of 0.96. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. The company’s 50-day moving average price is $169.96 and its 200 day moving average price is $167.48. 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 released its earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.13. The company had revenue of $1.49 billion for 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%. The firm’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.65 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. On average, research analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared 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. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Monday, September 15th. Digital Realty Trust’s dividend payout ratio is currently 128.08%.

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.