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

World Investment Advisors reduced its position in Digital Realty Trust, Inc. (NYSE:DLR) by 24.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,146 shares of the real estate investment trust’s stock after selling 712 shares during the period. World Investment Advisors’ holdings in Digital Realty Trust were worth $374,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Summit Place Financial Advisors LLC increased its holdings in Digital Realty Trust by 2.0% in the 2nd quarter. Summit Place Financial Advisors LLC now owns 2,857 shares of the real estate investment trust’s stock valued at $498,000 after purchasing an additional 57 shares in the last quarter. Nvwm LLC grew its position in Digital Realty Trust by 1.9% in the first quarter. Nvwm LLC now owns 3,287 shares of the real estate investment trust’s stock valued at $471,000 after acquiring an additional 60 shares in the last quarter. Riverbend Wealth Management LLC raised its stake in shares of Digital Realty Trust by 3.0% during the second quarter. Riverbend Wealth Management LLC now owns 2,043 shares of the real estate investment trust’s stock valued at $356,000 after purchasing an additional 60 shares during the period. Decatur Capital Management Inc. lifted its position in shares of Digital Realty Trust by 0.4% during the first quarter. Decatur Capital Management Inc. now owns 16,312 shares of the real estate investment trust’s stock worth $2,337,000 after purchasing an additional 61 shares in the last quarter. Finally, EP Wealth Advisors LLC boosted its stake in shares of Digital Realty Trust by 1.3% in the first quarter. EP Wealth Advisors LLC now owns 4,766 shares of the real estate investment trust’s stock valued at $683,000 after purchasing an additional 63 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Digital Realty Trust in a research note on Wednesday, October 8th. Barclays upped their target price on Digital Realty Trust from $141.00 to $161.00 and gave the company an “underweight” rating in a research report on Monday, October 27th. JPMorgan Chase & Co. raised their price target on shares of Digital Realty Trust from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, October 24th. Stifel Nicolaus set a $210.00 price target on shares of Digital Realty Trust in a report on Friday, October 24th. Finally, TD Cowen raised their price objective on shares of Digital Realty Trust from $163.00 to $179.00 and gave the stock a “hold” rating in a report on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $198.10.

Digital Realty Trust Stock Up 0.9%

Shares of NYSE:DLR opened at $171.89 on Tuesday. The company’s fifty day moving average is $171.46 and its two-hundred day moving average is $170.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.22 and a current ratio of 2.02. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $198.00. The stock has a market capitalization of $58.62 billion, a price-to-earnings ratio of 44.42, a price-to-earnings-growth ratio of 4.13 and a beta of 0.96.

Digital Realty Trust (NYSE:DLR) last released 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 analyst estimates of $1.53 billion. During the same quarter in the prior year, the business earned $1.67 earnings per share. Digital Realty Trust’s quarterly revenue was up 10.2% on a year-over-year basis. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a dividend of $1.22 per share. The ex-dividend date was Monday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.8%. Digital Realty Trust’s payout ratio is currently 126.10%.

Insider Buying and Selling

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 value of $9,330,598.04. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.13% of the stock is currently owned by insiders.

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.