Digital Realty Trust, Inc. $DLR Shares Purchased by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG increased its holdings in Digital Realty Trust by 44.8%, acquiring an additional 12,144 shares, bringing their total ownership to 39,240 shares valued at approximately $5.6 million.
• Analysts have set a consensus rating of "Moderate Buy" for Digital Realty Trust with an average price target of $190.74, reflecting positive market sentiment.
• The company also announced a quarterly dividend of $1.22 per share, with an annualized payout of $4.88 and a dividend yield of 2.9%.

B. Metzler seel. Sohn & Co. AG boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 44.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,240 shares of the real estate investment trust's stock after purchasing an additional 12,144 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Digital Realty Trust were worth $5,623,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DLR. MGO One Seven LLC purchased a new stake in Digital Realty Trust in the 4th quarter valued at $266,000. Integrated Wealth Concepts LLC raised its position in Digital Realty Trust by 2.9% in the 4th quarter. Integrated Wealth Concepts LLC now owns 6,360 shares of the real estate investment trust's stock valued at $1,128,000 after purchasing an additional 180 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in Digital Realty Trust in the 4th quarter valued at $1,460,000. Quarry LP purchased a new stake in Digital Realty Trust in the 4th quarter valued at $80,000. Finally, Lido Advisors LLC raised its position in Digital Realty Trust by 27.6% during the 4th quarter. Lido Advisors LLC now owns 6,523 shares of the real estate investment trust's stock worth $1,164,000 after buying an additional 1,410 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Oppenheimer assumed coverage on shares of Digital Realty Trust in a research report on Wednesday, May 14th. They set an "outperform" rating and a $200.00 price objective for the company. Mizuho upped their price objective on shares of Digital Realty Trust from $177.00 to $191.00 and gave the stock an "outperform" rating in a research report on Tuesday, June 17th. Guggenheim assumed coverage on shares of Digital Realty Trust in a research report on Wednesday, July 9th. They set a "neutral" rating for the company. Wall Street Zen upgraded shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a research report on Sunday, June 1st. Finally, Stifel Nicolaus upped their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $190.74.

Insider Buying and Selling

In related news, Director Mark R. Patterson sold 175 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $176.50, for a total value of $30,887.50. Following the sale, the director directly owned 6,522 shares of the company's stock, valued at approximately $1,151,133. This represents a 2.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.13% of the company's stock.

Digital Realty Trust Price Performance

Shares of NYSE:DLR traded down $0.83 on Monday, reaching $167.74. 1,628,366 shares of the company were exchanged, compared to its average volume of 1,405,505. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.82. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $198.00. The firm has a market cap of $57.21 billion, a price-to-earnings ratio of 44.03, a price-to-earnings-growth ratio of 4.82 and a beta of 0.96. The company has a 50-day moving average of $171.79 and a 200-day moving average of $163.63.

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 analysts' consensus estimates of $1.74 by $0.13. The firm had revenue of $1.49 billion for the quarter, compared to analysts' expectations of $1.44 billion. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The firm's revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.65 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. Equities analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

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

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.