Digital Realty Trust (NYSE:DLR) Director Sells $38,792.00 in Stock

Digital Realty Trust, Inc. (NYSE:DLR) Director Mark Patterson sold 200 shares of the stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the transaction, the director directly owned 6,322 shares in the company, valued at approximately $1,226,215.12. The trade was a 3.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Digital Realty Trust Stock Performance

NYSE DLR opened at $183.48 on Thursday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $68.07 billion, a P/E ratio of 89.07, a P/E/G ratio of 3.51 and a beta of 1.02. The stock has a 50-day moving average of $186.55 and a two-hundred day moving average of $186.52. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14.

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). The business 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 revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, analysts anticipate that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $1.22 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. Digital Realty Trust’s payout ratio is 236.89%.

Analyst Upgrades and Downgrades

DLR has been the subject of a number of recent research reports. Weiss Ratings lowered Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 12th. TD Cowen raised Digital Realty Trust from a “hold” rating to a “buy” rating and increased their price target for the company from $192.00 to $222.00 in a research report on Friday, July 24th. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a research note on Wednesday, July 15th. BTIG Research assumed coverage on shares of Digital Realty Trust in a research note on Friday, July 10th. They set a “buy” rating and a $215.00 target price on the stock. Finally, Cantor Fitzgerald raised their target price on shares of Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $219.45.

Institutional Trading of Digital Realty Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Range Advisory LLC lifted its holdings in shares of Digital Realty Trust by 8.8% during the second quarter. Range Advisory LLC now owns 3,946 shares of the real estate investment trust’s stock worth $709,000 after purchasing an additional 318 shares during the period. Amundi increased its stake in Digital Realty Trust by 57.3% in the 2nd quarter. Amundi now owns 3,940,647 shares of the real estate investment trust’s stock valued at $707,661,000 after buying an additional 1,436,171 shares during the period. HighTower Advisors LLC raised its position in Digital Realty Trust by 0.4% during the 2nd quarter. HighTower Advisors LLC now owns 50,950 shares of the real estate investment trust’s stock worth $9,150,000 after buying an additional 225 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Digital Realty Trust in the 2nd quarter worth $17,695,000. Finally, CYBER HORNET ETFs LLC boosted its holdings in shares of Digital Realty Trust by 510.3% in the second quarter. CYBER HORNET ETFs LLC now owns 5,413 shares of the real estate investment trust’s stock valued at $972,000 after acquiring an additional 4,526 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

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.