Metis Global Partners LLC Increases Holdings in Digital Realty Trust, Inc. $DLR

Metis Global Partners LLC increased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 14.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 138,006 shares of the real estate investment trust’s stock after buying an additional 17,427 shares during the quarter. Digital Realty Trust accounts for 0.6% of Metis Global Partners LLC’s portfolio, making the stock its 25th largest position. Metis Global Partners LLC’s holdings in Digital Realty Trust were worth $23,858,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Riverbend Wealth Management LLC lifted its holdings in shares of Digital Realty Trust by 3.0% in the 2nd quarter. Riverbend Wealth Management LLC now owns 2,043 shares of the real estate investment trust’s stock worth $356,000 after acquiring an additional 60 shares during the last quarter. Security National Bank of Sioux City Iowa IA grew its holdings in shares of Digital Realty Trust by 0.4% during the 3rd quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock valued at $2,478,000 after purchasing an additional 60 shares during the last quarter. Telos Capital Management Inc. raised its position in Digital Realty Trust by 0.8% in the 2nd quarter. Telos Capital Management Inc. now owns 8,089 shares of the real estate investment trust’s stock worth $1,410,000 after purchasing an additional 64 shares during the period. Horst & Graben Wealth Management LLC lifted its stake in Digital Realty Trust by 0.4% in the second quarter. Horst & Graben Wealth Management LLC now owns 16,030 shares of the real estate investment trust’s stock worth $2,795,000 after purchasing an additional 65 shares during the last quarter. Finally, Zions Bancorporation National Association UT boosted its position in Digital Realty Trust by 14.3% during the second quarter. Zions Bancorporation National Association UT now owns 520 shares of the real estate investment trust’s stock valued at $91,000 after buying an additional 65 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.13% of the stock is owned by corporate insiders.

Digital Realty Trust Stock Up 3.4%

DLR stock opened at $180.42 on Friday. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $184.79. The company has a market capitalization of $61.98 billion, a price-to-earnings ratio of 50.12, a price-to-earnings-growth ratio of 3.86 and a beta of 1.12. The business’s 50 day moving average price is $159.88 and its two-hundred day moving average price is $165.60. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.02 and a current ratio of 1.59.

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

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Citigroup decreased their price objective on Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Weiss Ratings lowered Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, January 23rd. Truist Financial boosted their price objective on Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Digital Realty Trust in a report on Monday, January 5th. They issued a “buy” rating and a $180.00 target price on the stock. Finally, Barclays upgraded shares of Digital Realty Trust from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $161.00 to $164.00 in a report on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $191.70.

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.