American Assets Capital Advisers LLC Has $4.28 Million Stock Holdings in Digital Realty Trust, Inc. $DLR

American Assets Capital Advisers LLC cut its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 56.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,541 shares of the real estate investment trust’s stock after selling 31,970 shares during the period. Digital Realty Trust comprises approximately 4.3% of American Assets Capital Advisers LLC’s holdings, making the stock its 7th largest holding. American Assets Capital Advisers LLC’s holdings in Digital Realty Trust were worth $4,278,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Bison Wealth LLC increased its stake in shares of Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after buying an additional 390 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Digital Realty Trust by 1.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 442,024 shares of the real estate investment trust’s stock valued at $63,338,000 after acquiring an additional 7,691 shares in the last quarter. TD Private Client Wealth LLC raised its stake in shares of Digital Realty Trust by 22.2% in the first quarter. TD Private Client Wealth LLC now owns 1,392 shares of the real estate investment trust’s stock worth $199,000 after acquiring an additional 253 shares during the last quarter. Brown Advisory Inc. lifted its position in shares of Digital Realty Trust by 25.2% during the first quarter. Brown Advisory Inc. now owns 8,174 shares of the real estate investment trust’s stock worth $1,171,000 after purchasing an additional 1,644 shares in the last quarter. Finally, Greenleaf Trust grew its stake in shares of Digital Realty Trust by 3.9% during the first quarter. Greenleaf Trust now owns 4,630 shares of the real estate investment trust’s stock valued at $663,000 after purchasing an additional 172 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $175.16, for a total value of $9,330,598.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

Digital Realty Trust Stock Up 1.0%

Digital Realty Trust stock opened at $169.97 on Friday. The company’s 50 day simple moving average is $171.44 and its 200 day simple moving average is $170.74. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00. The firm has a market capitalization of $58.39 billion, a price-to-earnings ratio of 43.92, a PEG ratio of 4.13 and a beta of 0.96. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.22.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, October 23rd. The real estate investment trust reported $1.89 EPS for the quarter, beating the consensus estimate of $1.78 by $0.11. The firm had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.53 billion. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. The business’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.67 earnings per share. Digital Realty Trust has set its FY 2025 guidance at 7.320-7.380 EPS. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Monday, December 15th will be paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, December 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 126.10%.

Analyst Ratings Changes

Several research firms recently weighed in on DLR. JPMorgan Chase & Co. boosted their price objective 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. Truist Financial lifted their target price on Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday. Cowen reaffirmed a “hold” rating on shares of Digital Realty Trust in a research note on Friday, October 24th. Wells Fargo & Company raised their price target on Digital Realty Trust from $185.00 to $195.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Finally, Stifel Nicolaus set a $210.00 price objective on Digital Realty Trust in a report on Friday, October 24th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $198.14.

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.