Wedbush Fund Advisers LLC Makes New $598,000 Investment in Digital Realty Trust, Inc. $DLR

Wedbush Fund Advisers LLC bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 3,330 shares of the real estate investment trust’s stock, valued at approximately $598,000.

Several other institutional investors have also recently added to or reduced their stakes in DLR. Gables Capital Management Inc. acquired a new position in shares of Digital Realty Trust during the second quarter valued at about $29,000. Sunbelt Securities Inc. boosted its holdings in Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares in the last quarter. Bell Investment Advisors Inc grew its stake in Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 62 shares during the period. Solstein Capital LLC bought a new stake in shares of Digital Realty Trust during the second quarter valued at approximately $32,000. Finally, Harvest Fund Management Co. Ltd raised its position in shares of Digital Realty Trust by 970.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 165 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on DLR shares. Guggenheim raised shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research report on Wednesday, July 15th. Barclays boosted their target price on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 1st. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. JPMorgan Chase & Co. lifted their price target on Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. Finally, Royal Bank Of Canada increased their price objective on Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $219.45.

Digital Realty Trust Stock Up 1.9%

Digital Realty Trust stock opened at $192.20 on Wednesday. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The firm’s 50-day simple moving average is $187.01 and its 200 day simple moving average is $185.90. The stock has a market cap of $71.30 billion, a PE ratio of 93.30, a price-to-earnings-growth ratio of 5.34 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter last year, the business posted $1.87 EPS. The company’s quarterly revenue 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. Research analysts predict that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 236.89%.

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.