United Capital Financial Advisors LLC Takes $4.05 Million Position in Digital Realty Trust, Inc. $DLR

United Capital Financial Advisors LLC purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 22,538 shares of the real estate investment trust’s stock, valued at approximately $4,047,000.

Other hedge funds have also recently modified their holdings of the company. Dearborn Partners LLC purchased a new position in Digital Realty Trust in the 2nd quarter valued at $342,000. Yukon Wealth Management Inc. purchased a new position in Digital Realty Trust during the 2nd quarter worth $201,000. Equitable Holdings Inc. acquired a new stake in shares of Digital Realty Trust in the 2nd quarter worth $6,344,000. Centaurus Financial Inc. purchased a new stake in shares of Digital Realty Trust in the second quarter valued at about $149,000. Finally, Brasada Capital Management LP acquired a new position in shares of Digital Realty Trust during the second quarter worth about $820,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Trading Down 3.6%

Shares of DLR opened at $185.26 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The firm’s 50-day moving average is $187.16 and its two-hundred day moving average is $186.24. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The firm has a market capitalization of $68.73 billion, a P/E ratio of 89.93, a PEG ratio of 5.44 and a beta of 1.03.

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 analysts’ consensus estimates of $1.98 by ($0.77). The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The company’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period last year, the business posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, research analysts predict that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.6%. Digital Realty Trust’s payout ratio is currently 236.89%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DLR. Mizuho set a $223.00 price objective on shares of Digital Realty Trust in a research report on Monday, August 10th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $229.00 price target on shares of Digital Realty Trust in a report on Monday, July 27th. Cantor Fitzgerald lifted their price target on Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. 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 report 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 issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $219.45.

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.