ProShare Advisors LLC Purchases 8,463 Shares of Digital Realty Trust, Inc. $DLR

ProShare Advisors LLC raised its position in Digital Realty Trust, Inc. (NYSE:DLR) by 13.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 73,782 shares of the real estate investment trust’s stock after buying an additional 8,463 shares during the period. ProShare Advisors LLC’s holdings in Digital Realty Trust were worth $12,755,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DLR. Pinnacle Bancorp Inc. bought a new position in Digital Realty Trust in the 3rd quarter valued at $25,000. South Plains Financial Inc. lifted its stake in Digital Realty Trust by 280.5% in the second quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 115 shares during the last quarter. Tobam bought a new position in Digital Realty Trust during the second quarter valued at $28,000. Salomon & Ludwin LLC purchased a new stake in Digital Realty Trust in the third quarter worth $28,000. Finally, First Horizon Corp purchased a new position in shares of Digital Realty Trust during the 3rd quarter valued at $31,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DLR. JPMorgan Chase & Co. lifted their price objective on Digital Realty Trust from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, October 24th. Wolfe Research raised shares of Digital Realty Trust from a “peer perform” rating to an “outperform” rating and set a $194.00 price target on the stock in a research report on Monday, October 20th. Weiss Ratings downgraded shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, January 23rd. Mizuho reduced their price objective on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Finally, Jefferies Financial Group increased their target price on Digital Realty Trust from $184.00 to $189.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Moderate Buy” and an average target price of $192.13.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $172.46 on Wednesday. The company’s fifty day moving average price is $159.20 and its 200-day moving average price is $165.43. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 2.02. The firm has a market capitalization of $59.24 billion, a price-to-earnings ratio of 47.91, a PEG ratio of 3.81 and a beta of 1.12. Digital Realty Trust, Inc. has a one year low of $129.95 and a one year high of $182.48.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.03. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, equities research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Insider Activity at Digital Realty Trust

In related news, Director Mary Hogan Preusse sold 4,166 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.17% of the company’s stock.

About Digital Realty Trust

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.