Digital Realty Trust, Inc. $DLR Holdings Lowered by U.S. Capital Wealth Advisors LLC

Key Points

• U.S. Capital Wealth Advisors LLC reduced its stake in Digital Realty Trust by 31.3% during the 2nd quarter, now holding 8,885 shares worth approximately $1.55 million.
• Several analysts have raised their price targets for Digital Realty Trust, with new estimates ranging from $190.00 to $205.00 and most maintaining a "buy" rating on the stock.
• Digital Realty Trust declared a quarterly dividend of $1.22 per share, resulting in an annualized payout of $4.88 and a dividend yield of 2.8%.

U.S. Capital Wealth Advisors LLC cut its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 31.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,885 shares of the real estate investment trust's stock after selling 4,041 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Digital Realty Trust were worth $1,549,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pacific Heights Asset Management LLC boosted its stake in Digital Realty Trust by 33.3% during the 1st quarter. Pacific Heights Asset Management LLC now owns 100,000 shares of the real estate investment trust's stock valued at $14,329,000 after purchasing an additional 25,000 shares in the last quarter. Vectors Research Management LLC boosted its stake in Digital Realty Trust by 15.8% during the first quarter. Vectors Research Management LLC now owns 21,507 shares of the real estate investment trust's stock valued at $3,082,000 after buying an additional 2,930 shares in the last quarter. Asset Management One Co. Ltd. grew its holdings in Digital Realty Trust by 3.5% during the first quarter. Asset Management One Co. Ltd. now owns 643,424 shares of the real estate investment trust's stock worth $92,196,000 after acquiring an additional 21,598 shares during the period. Brown Advisory Inc. raised its position in Digital Realty Trust by 25.2% in the first quarter. Brown Advisory Inc. now owns 8,174 shares of the real estate investment trust's stock worth $1,171,000 after acquiring an additional 1,644 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Digital Realty Trust by 9.6% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 140,347 shares of the real estate investment trust's stock worth $20,110,000 after acquiring an additional 12,289 shares in the last quarter. Institutional investors own 99.71% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on DLR shares. Stifel Nicolaus raised their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Wells Fargo & Company lifted their price target on shares of Digital Realty Trust from $185.00 to $195.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Mizuho increased their price objective on Digital Realty Trust from $177.00 to $191.00 and gave the company an "outperform" rating in a research report on Tuesday, June 17th. Raymond James Financial lifted their target price on Digital Realty Trust from $190.00 to $205.00 and gave the stock a "strong-buy" rating in a report on Friday, July 25th. Finally, Truist Financial set a $199.00 target price on Digital Realty Trust and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $190.74.

Insider Activity at Digital Realty Trust

In related news, CEO Andrew Power sold 53,269 shares of the business's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $175.16, for a total transaction of $9,330,598.04. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.17% of the company's stock.

Digital Realty Trust Trading Down 0.3%

NYSE DLR opened at $174.18 on Wednesday. The firm's 50 day moving average price is $170.85 and its two-hundred day moving average price is $164.73. The stock has a market cap of $59.40 billion, a price-to-earnings ratio of 45.72, a PEG ratio of 5.02 and a beta of 0.96. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.22 and a current ratio of 2.22.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 EPS for the quarter, topping the consensus estimate of $1.74 by $0.13. The business 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 revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.65 earnings per share. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. Equities analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, September 15th. Digital Realty Trust's dividend payout ratio is 128.08%.

Digital Realty Trust Company 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.

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