Sagace Wealth Management LLC Takes Position in Digital Realty Trust, Inc. $DLR

Sagace Wealth Management LLC acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 15,869 shares of the real estate investment trust’s stock, valued at approximately $2,850,000. Digital Realty Trust makes up 1.8% of Sagace Wealth Management LLC’s portfolio, making the stock its 13th biggest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bison Wealth LLC lifted its holdings in shares of Digital Realty Trust by 17.2% during the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after purchasing an additional 390 shares during the last quarter. Empowered Funds LLC grew its stake in Digital Realty Trust by 9.4% during the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after buying an additional 584 shares during the last quarter. NewEdge Advisors LLC increased its position in Digital Realty Trust by 23.0% during the 2nd quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock valued at $3,790,000 after buying an additional 4,069 shares in the last quarter. Treasurer of the State of North Carolina raised its stake in Digital Realty Trust by 3.9% in the second quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock valued at $27,469,000 after buying an additional 5,909 shares during the last quarter. Finally, Peapack Gladstone Financial Corp boosted its holdings in Digital Realty Trust by 0.8% in the second quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock worth $4,816,000 after acquiring an additional 231 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on DLR. Raymond James Financial upped their price objective on shares of Digital Realty Trust from $210.00 to $235.00 and gave the company a “strong-buy” rating in a report on Friday, April 24th. Argus raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price on the stock in a research report on Wednesday, August 5th. Evercore restated an “outperform” rating and set a $240.00 price target on shares of Digital Realty Trust in a research note on Tuesday. Cantor Fitzgerald lifted their price objective on shares of Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings lowered shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $219.45.

Digital Realty Trust Stock Down 1.2%

DLR stock opened at $195.49 on Wednesday. The company has a market capitalization of $72.34 billion, a P/E ratio of 94.90, a price-to-earnings-growth ratio of 5.67 and a beta of 1.03. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month high of $208.14. The firm’s fifty day simple moving average is $186.30 and its 200-day simple moving average is $185.00. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.77). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same period last year, the business earned $1.87 EPS. The company’s revenue for the quarter was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities research analysts forecast that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $1.22 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. Digital Realty Trust’s dividend payout ratio is presently 236.89%.

Digital Realty Trust Company Profile

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.