Allworth Financial LP Has $9.26 Million Stock Position in Digital Realty Trust, Inc. $DLR

Allworth Financial LP raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 26.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 53,110 shares of the real estate investment trust’s stock after acquiring an additional 11,175 shares during the period. Allworth Financial LP’s holdings in Digital Realty Trust were worth $9,259,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Digital Realty Trust by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 52,378,860 shares of the real estate investment trust’s stock worth $7,505,367,000 after purchasing an additional 925,674 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in shares of Digital Realty Trust by 63.0% in the first quarter. Canada Pension Plan Investment Board now owns 7,144,737 shares of the real estate investment trust’s stock valued at $1,023,769,000 after buying an additional 2,760,286 shares in the last quarter. Northern Trust Corp grew its position in shares of Digital Realty Trust by 4.3% in the 1st quarter. Northern Trust Corp now owns 5,301,199 shares of the real estate investment trust’s stock valued at $759,609,000 after acquiring an additional 220,649 shares during the period. Dimensional Fund Advisors LP increased its position in Digital Realty Trust by 1.2% during the first quarter. Dimensional Fund Advisors LP now owns 4,714,045 shares of the real estate investment trust’s stock worth $675,456,000 after buying an additional 57,312 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Digital Realty Trust by 4.8% during the 1st quarter. Invesco Ltd. now owns 4,092,496 shares of the real estate investment trust’s stock worth $586,414,000 after acquiring an additional 186,613 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Moffett Nathanson upped their price target on shares of Digital Realty Trust from $163.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, October 6th. Morgan Stanley initiated coverage on Digital Realty Trust in a research note on Thursday, October 16th. They set an “equal weight” rating and a $195.00 target price for the company. Daiwa Capital Markets began coverage on Digital Realty Trust in a research report on Wednesday, October 22nd. They set a “buy” rating and a $210.00 price objective on the stock. Barclays lifted their target price on Digital Realty Trust from $141.00 to $161.00 and gave the stock an “underweight” rating in a report on Monday, October 27th. Finally, Raymond James Financial upped their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “strong-buy” rating in a research report on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $198.14.

Insider Buying and Selling at Digital Realty Trust

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

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $169.33 on Tuesday. The firm has a market capitalization of $58.17 billion, a PE ratio of 43.75, a P/E/G ratio of 4.13 and a beta of 0.96. The company has a 50-day moving average price of $171.47 and a two-hundred day moving average price of $171.14. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The company has a quick ratio of 2.22, a current ratio of 2.02 and a debt-to-equity ratio of 0.80.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data 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 company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.53 billion. Digital Realty Trust had a net margin of 23.67% and a return on equity of 6.41%. Digital Realty Trust’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.67 earnings per share. Digital Realty Trust has set its FY 2025 guidance at 7.320-7.380 EPS. Equities analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Monday, December 15th will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis 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 currently 126.10%.

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.