Weatherly Asset Management L. P. Acquires 3,436 Shares of Digital Realty Trust, Inc. $DLR

Weatherly Asset Management L. P. lifted its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 6.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,427 shares of the real estate investment trust’s stock after acquiring an additional 3,436 shares during the period. Digital Realty Trust makes up approximately 0.8% of Weatherly Asset Management L. P.’s investment portfolio, making the stock its 26th largest position. Weatherly Asset Management L. P.’s holdings in Digital Realty Trust were worth $9,808,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Sunbelt Securities Inc. increased its holdings in shares of Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 125 shares during the period. Harvest Fund Management Co. Ltd boosted its stake in shares of Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 165 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Digital Realty Trust in the third quarter valued at approximately $34,000. MCF Advisors LLC acquired a new stake in Digital Realty Trust during the fourth quarter worth approximately $35,000. Finally, Hantz Financial Services Inc. grew its position in Digital Realty Trust by 157.4% during the fourth quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 148 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $188.15 on Friday. The company has a market cap of $66.12 billion, a price-to-earnings ratio of 49.64, a PEG ratio of 5.11 and a beta of 1.02. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. The firm has a 50 day simple moving average of $192.03 and a 200 day simple moving average of $176.25. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the prior year, the business earned $1.77 earnings per share. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Research analysts predict that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, June 15th. Digital Realty Trust’s payout ratio is 128.76%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on DLR. Raymond James Financial lifted their price objective on Digital Realty Trust from $210.00 to $235.00 and gave the company a “strong-buy” rating in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft raised their price target on Digital Realty Trust from $196.00 to $220.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Truist Financial reaffirmed a “buy” rating and set a $208.00 price objective (up from $207.00) on shares of Digital Realty Trust in a research report on Thursday, May 14th. Wolfe Research increased their price objective on shares of Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. Finally, Sanford C. Bernstein raised their target price on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $215.89.

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.