Digital Realty Trust, Inc. $DLR Stock: Howard Capital Management LLC Boosts Position

Howard Capital Management LLC boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 12,322.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 271,303 shares of the real estate investment trust’s stock after buying an additional 269,119 shares during the period. Howard Capital Management LLC owned approximately 0.07% of Digital Realty Trust worth $47,622,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DLR. Montecito Bank & Trust boosted its position in shares of Digital Realty Trust by 413.2% during the 3rd quarter. Montecito Bank & Trust now owns 22,915 shares of the real estate investment trust’s stock valued at $4,022,000 after acquiring an additional 18,450 shares during the last quarter. NewEdge Advisors LLC increased its position in Digital Realty Trust by 88.0% in the second quarter. NewEdge Advisors LLC now owns 43,832 shares of the real estate investment trust’s stock worth $7,871,000 after purchasing an additional 20,513 shares during the last quarter. Benjamin Edwards Inc. raised its stake in Digital Realty Trust by 40.6% during the second quarter. Benjamin Edwards Inc. now owns 88,953 shares of the real estate investment trust’s stock valued at $15,978,000 after purchasing an additional 25,667 shares in the last quarter. Beacon Pointe Advisors LLC purchased a new stake in Digital Realty Trust during the second quarter valued at $3,286,000. Finally, Galaxy Digital Capital Management GP LLC bought a new position in Digital Realty Trust during the second quarter valued at $2,837,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Royal Bank Of Canada lifted their price objective on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. BTIG Research upped their target price on shares of Digital Realty Trust from $215.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. Truist Financial lowered their price target on shares of Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Wells Fargo & Company raised Digital Realty Trust from an “overweight” rating to a “buy” rating in a research note on Wednesday, August 5th. Finally, Argus upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price for the company in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus price target of $219.69.

Insider Activity

In other news, Director Mark Patterson sold 200 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total transaction of $38,792.00. Following the transaction, the director owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. This represents a 3.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.15% of the company’s stock.

Digital Realty Trust Trading Up 0.9%

Shares of NYSE DLR traded up $1.61 during midday trading on Friday, hitting $176.08. The company’s stock had a trading volume of 3,483,933 shares, compared to its average volume of 1,843,424. 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 business’s 50 day moving average is $185.05 and its two-hundred day moving average is $187.15. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The firm has a market cap of $65.33 billion, a P/E ratio of 85.48, a price-to-earnings-growth ratio of 3.34 and a beta of 0.99.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data 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 business had revenue of $1.92 billion for 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%. Digital Realty Trust’s revenue was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities research analysts expect that Digital Realty Trust, Inc. will post 8.40 EPS for the current year.

Digital Realty Trust Announces Dividend

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