NFSG Corp Buys 4,994 Shares of Digital Realty Trust, Inc. $DLR

NFSG Corp grew its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 1,716.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,285 shares of the real estate investment trust’s stock after purchasing an additional 4,994 shares during the period. NFSG Corp’s holdings in Digital Realty Trust were worth $928,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of Digital Realty Trust in the 2nd quarter valued at about $7,277,032,000. Bank of America Corp DE increased its position in Digital Realty Trust by 6.0% in the 1st quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust’s stock valued at $1,706,714,000 after buying an additional 534,158 shares in the last quarter. Canada Pension Plan Investment Board bought a new stake in Digital Realty Trust in the 2nd quarter valued at about $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Digital Realty Trust by 17,256.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust’s stock worth $878,325,000 after buying an additional 4,862,814 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Digital Realty Trust by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,850,416 shares of the real estate investment trust’s stock worth $874,046,000 after buying an additional 35,850 shares during the period. Institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Truist Financial cut their price target on Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Mizuho set a $223.00 price objective on Digital Realty Trust in a research note on Monday, August 10th. Rothschild & Co Redburn started coverage on Digital Realty Trust in a research report on Monday, September 21st. They set a “buy” rating and a $227.00 target price on the stock. Barclays lifted their price target on Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 1st. Finally, Guggenheim upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $219.69.

Insiders Place Their Bets

In related news, Director Mark Patterson sold 200 shares of Digital Realty Trust 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 completion of the sale, the director owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.15% of the company’s stock.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $174.23 on Friday. The business’s 50 day simple moving average is $185.40 and its 200 day simple moving average is $187.23. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month high of $208.14. The company has a market cap of $64.64 billion, a price-to-earnings ratio of 84.58, a PEG ratio of 3.30 and a beta of 0.99. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLR) last released 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 firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%. The business’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.40 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $1.22 per share. The ex-dividend date was Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio is presently 236.89%.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers and related digital infrastructure. The company provides facilities and technology environments that support the computing, storage, networking and connectivity needs of enterprises, cloud service providers, telecommunications companies and other organizations.

Through its PlatformDIGITAL platform, Digital Realty offers data center colocation, interconnection and hyperscale data center solutions.