75,000 Shares in Digital Realty Trust, Inc. $DLR Purchased by Caisse DE Depot ET Placement DU Quebec

Key Points

• Caisse DE Depot ET Placement DU Quebec has acquired 75,000 shares of Digital Realty Trust, valued at approximately $10.7 million, during the first quarter.
• Analysts have upgraded their ratings for Digital Realty Trust, with Stifel Nicolaus raising its price target to $205 and Wells Fargo to $195, while maintaining a general outlook of "Moderate Buy."
• Digital Realty Trust recently announced a quarterly dividend of $1.22 per share, equating to an annualized dividend yield of 2.9%.

Caisse DE Depot ET Placement DU Quebec purchased a new stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 75,000 shares of the real estate investment trust's stock, valued at approximately $10,747,000.

Several other institutional investors and hedge funds have also recently modified their holdings of DLR. Greykasell Wealth Strategies Inc. bought a new position in Digital Realty Trust during the 1st quarter worth approximately $26,000. Key Financial Inc lifted its stake in shares of Digital Realty Trust by 114.0% in 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 during the period. GKV Capital Management Co. Inc. purchased a new position in shares of Digital Realty Trust in the 1st quarter valued at approximately $38,000. Opal Wealth Advisors LLC purchased a new position in Digital Realty Trust during the first quarter valued at $38,000. Finally, Colonial Trust Co SC raised its stake in shares of Digital Realty Trust by 33.8% in the fourth quarter. Colonial Trust Co SC now owns 285 shares of the real estate investment trust's stock worth $51,000 after purchasing an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Stock Performance

Shares of NYSE DLR traded down $0.83 during trading on Monday, reaching $167.74. 1,628,366 shares of the company traded hands, compared to its average volume of 1,405,505. The stock has a market cap of $57.21 billion, a P/E ratio of 44.03, a PEG ratio of 4.82 and a beta of 0.96. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month high of $198.00. 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 firm's fifty day simple moving average is $171.79 and its 200 day simple moving average is $163.63.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share for the quarter, topping analysts' consensus estimates of $1.74 by $0.13. The company had revenue of $1.49 billion during the quarter, compared to analysts' expectations of $1.44 billion. Digital Realty Trust had a return on equity of 6.46% and a net margin of 23.98%.Digital Realty Trust's quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.65 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. As a group, research analysts anticipate 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 declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $1.22 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.9%. Digital Realty Trust's dividend payout ratio is presently 128.08%.

Insider Transactions at Digital Realty Trust

In related news, Director Mark R. Patterson sold 175 shares of Digital Realty Trust stock in a transaction dated Thursday, June 5th. The stock was 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 in the company, valued at approximately $1,151,133. The trade was a 2.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company's stock.

Analyst Ratings Changes

DLR has been the subject of several research analyst reports. Oppenheimer started coverage on Digital Realty Trust in a report on Wednesday, May 14th. They issued an "outperform" rating and a $200.00 price objective for the company. Guggenheim started coverage on Digital Realty Trust in a research note on Wednesday, July 9th. They issued a "neutral" rating for the company. Wall Street Zen raised Digital Realty Trust from a "sell" rating to a "hold" rating in a research note on Sunday, June 1st. Wells Fargo & Company upped their price objective on Digital Realty Trust from $185.00 to $195.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. Finally, Citigroup reissued a "buy" rating on shares of Digital Realty Trust in a research note on Tuesday, August 26th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $190.74.

Digital Realty Trust Profile

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.