NewEdge Wealth LLC Takes $772,000 Position in Digital Realty Trust, Inc. $DLR

NewEdge Wealth LLC bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, according to its most recent filing with the SEC. The fund bought 4,301 shares of the real estate investment trust’s stock, valued at approximately $772,000.

Several other institutional investors have also bought and sold shares of DLR. Cherry Creek Investment Advisors Inc. grew its stake in Digital Realty Trust by 0.3% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock valued at $3,378,000 after buying an additional 51 shares in the last quarter. Columbia Bank increased its holdings in Digital Realty Trust by 0.9% during the 1st quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock worth $1,111,000 after acquiring an additional 53 shares during the period. GHP Investment Advisors Inc. increased its position in shares of Digital Realty Trust by 9.1% in the first quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 55 shares during the last quarter. South Plains Financial Inc. grew its holdings in shares of Digital Realty Trust by 25.7% during the 4th quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 56 shares during the last quarter. Finally, Twin Capital Management Inc. grew its position in Digital Realty Trust by 1.1% during the 1st quarter. Twin Capital Management Inc. now owns 5,618 shares of the real estate investment trust’s stock worth $1,012,000 after acquiring an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

DLR has been the subject of several analyst reports. Citigroup reissued a “market outperform” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Truist Financial dropped their price objective on Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating for the company in a report on Thursday, July 30th. TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $192.00 to $222.00 in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $229.00 target price on shares of Digital Realty Trust in a research report on Monday, July 27th. Finally, Scotiabank lifted their price objective on Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $219.45.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $190.81 on Friday. The firm’s fifty day moving average is $186.89 and its 200 day moving average is $185.41. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The company has a market cap of $70.79 billion, a price-to-earnings ratio of 92.63, a PEG ratio of 5.40 and a beta of 1.03.

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

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is 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.