Digital Realty Trust, Inc. $DLR is Aew Capital Management L P's 6th Largest Position

Key Points

• Aew Capital Management L P increased its holdings in Digital Realty Trust, owning 834,705 shares valued at approximately $119.61 million, making it the fund's sixth largest investment.
• Digital Realty Trust's recent quarterly earnings surpassed expectations, reporting $1.87 earnings per share, with revenue increasing by 10% year-over-year to $1.49 billion.
• The real estate investment trust has announced a quarterly dividend of $1.22 per share, resulting in an annualized yield of 2.9%, with a payout ratio currently at 128.08%.

Aew Capital Management L P grew its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 5.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 834,705 shares of the real estate investment trust's stock after buying an additional 42,960 shares during the period. Digital Realty Trust accounts for approximately 5.8% of Aew Capital Management L P's portfolio, making the stock its 6th largest holding. Aew Capital Management L P owned approximately 0.25% of Digital Realty Trust worth $119,605,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Greykasell Wealth Strategies Inc. purchased a new position in Digital Realty Trust during the first quarter valued at approximately $26,000. Key Financial Inc grew its position in shares of Digital Realty Trust by 114.0% during the 1st quarter. Key Financial Inc now owns 259 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 138 shares in the last quarter. Opal Wealth Advisors LLC purchased a new position in shares of Digital Realty Trust during the 1st quarter valued at $38,000. GKV Capital Management Co. Inc. bought a new position in shares of Digital Realty Trust in the first quarter worth $38,000. Finally, Grove Bank & Trust raised its position in shares of Digital Realty Trust by 306.7% in the first quarter. Grove Bank & Trust now owns 305 shares of the real estate investment trust's stock worth $44,000 after buying an additional 230 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Mark R. Patterson sold 175 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $176.50, for a total transaction of $30,887.50. Following the transaction, the director directly owned 6,522 shares of the company's stock, valued at approximately $1,151,133. The trade was a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.17% of the company's stock.

Digital Realty Trust Trading Up 1.2%

Shares of NYSE:DLR traded up $2.07 during trading on Wednesday, reaching $169.99. 1,346,355 shares of the company traded hands, compared to its average volume of 2,076,107. The firm has a market capitalization of $57.97 billion, a price-to-earnings ratio of 44.62, a P/E/G ratio of 4.77 and a beta of 0.92. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.82. The business's fifty day moving average is $172.23 and its 200-day moving average is $163.56. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 EPS for the quarter, beating the consensus estimate of $1.74 by $0.13. The firm had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.44 billion. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The company's quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.65 earnings per share. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. As a group, analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a $1.22 dividend. The ex-dividend date is Monday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.9%. Digital Realty Trust's dividend payout ratio (DPR) is 128.08%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Citigroup restated a "buy" rating on shares of Digital Realty Trust in a research note on Tuesday. Guggenheim initiated coverage on Digital Realty Trust in a report on Wednesday, July 9th. They set a "neutral" rating for the company. Truist Financial set a $199.00 price objective on shares of Digital Realty Trust and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Raymond James Financial lifted their target price on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a "strong-buy" rating in a research report on Friday, July 25th. Finally, Barclays increased their price target on shares of Digital Realty Trust from $140.00 to $141.00 and gave the stock an "underweight" rating in a report on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Digital Realty Trust currently has an average rating of "Moderate Buy" and a consensus target price of $190.74.

About Digital Realty Trust

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.