26,394 Shares of Digital Realty Trust, Inc. $DLR Purchased by ANB Bank

Key Points

• ANB Bank acquired 26,394 shares of Digital Realty Trust in the third quarter, worth approximately $4.63 million and representing 1.8% of the bank’s portfolio. Institutional investors collectively own 99.71% of DLR.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $219.69 price target. Recent ratings included upgrades and price-target increases from TD Cowen and BTIG Research, though Weiss Ratings downgraded the stock to “hold.”
• Digital Realty reported quarterly revenue of $1.92 billion, up 28.9% year over year, but its $1.21 EPS missed expectations of $1.98. The company pays a quarterly dividend of $1.22 per share, implying a 2.7% yield.

ANB Bank purchased a new position in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 26,394 shares of the real estate investment trust's stock, valued at approximately $4,633,000. Digital Realty Trust accounts for 1.8% of ANB Bank's portfolio, making the stock its 12th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. GK Wealth Management LLC bought a new position in shares of Digital Realty Trust during the 3rd quarter valued at about $272,000. Wedmont Private Capital lifted its position in shares of Digital Realty Trust by 490.0% in the third quarter. Wedmont Private Capital now owns 28,437 shares of the real estate investment trust's stock worth $4,992,000 after buying an additional 23,617 shares in the last quarter. Hummer Financial Advisory Services Inc lifted its position in shares of Digital Realty Trust by 2,097.7% in the third quarter. Hummer Financial Advisory Services Inc now owns 35,164 shares of the real estate investment trust's stock worth $6,172,000 after buying an additional 33,564 shares in the last quarter. GAMMA Investing LLC boosted its stake in Digital Realty Trust by 90.3% during the third quarter. GAMMA Investing LLC now owns 21,654 shares of the real estate investment trust's stock valued at $3,801,000 after buying an additional 10,278 shares during the last quarter. Finally, Horrell Capital Management Inc. grew its holdings in Digital Realty Trust by 113.5% during the 3rd quarter. Horrell Capital Management Inc. now owns 427 shares of the real estate investment trust's stock valued at $75,000 after buying an additional 227 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Mark Patterson sold 200 shares of the firm's stock in a transaction on 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 $1,226,215.12. This trade represents a 3.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.15% of the stock is owned by insiders.

Wall Street Analyst Weigh In

DLR has been the topic of a number of recent research reports. Evercore restated an "outperform" rating and set a $240.00 price objective on shares of Digital Realty Trust in a research report on Tuesday, August 18th. TD Cowen upgraded 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 report on Friday, July 24th. KeyCorp reaffirmed a "sector weight" rating on shares of Digital Realty Trust in a research note on Friday, July 24th. BTIG Research boosted their price objective 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. Finally, Weiss Ratings downgraded shares of Digital Realty Trust from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $219.69.

Digital Realty Trust Stock Up 1.5%

Shares of Digital Realty Trust stock opened at $178.72 on Friday. The stock has a market cap of $66.31 billion, a price-to-earnings ratio of 86.76, a PEG ratio of 3.37 and a beta of 0.99. The firm's 50-day moving average is $186.79 and its two-hundred day moving average is $187.13. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. 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 - Get Free Report) last announced its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts' consensus estimates of $1.98 by ($0.77). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the prior year, the firm posted $1.87 earnings per share. The business's revenue for the quarter was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, research analysts expect that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Tuesday, September 15th. Digital Realty Trust's dividend payout ratio is currently 236.89%.

Digital Realty Trust 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.

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