Digital Realty Trust, Inc. $DLR Shares Acquired by Avior Wealth Management LLC

Key Points

• Avior Wealth Management increased its Digital Realty Trust stake by 2,758.4% in the third quarter, ending with 50,423 shares valued at approximately $8.85 million.
• Institutional investors and hedge funds own 99.71% of DLR, while analysts maintain a consensus “Moderate Buy” rating with an average price target of $219.69.
• Digital Realty reported quarterly revenue of $1.92 billion, up 28.9% year over year, but earnings per share of $1.21 fell short of the $1.98 consensus estimate. The company also declared a quarterly dividend of $1.22 per share, equivalent to a 2.7% yield.

Avior Wealth Management LLC increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 2,758.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,423 shares of the real estate investment trust's stock after purchasing an additional 48,659 shares during the quarter. Avior Wealth Management LLC's holdings in Digital Realty Trust were worth $8,851,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DLR. BlackRock Inc. acquired a new stake in Digital Realty Trust during the second quarter worth approximately $7,277,032,000. Bank of America Corp DE lifted its position in shares of Digital Realty Trust by 6.0% during the 1st quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust's stock worth $1,706,714,000 after buying an additional 534,158 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Digital Realty Trust in the 2nd quarter valued at $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Digital Realty Trust by 17,256.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust's stock valued at $878,325,000 after buying an additional 4,862,814 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Digital Realty Trust by 0.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,850,416 shares of the real estate investment trust's stock valued at $874,046,000 after buying an additional 35,850 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Mark Patterson sold 200 shares of the business's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the transaction, the director owned 6,322 shares in the company, valued at $1,226,215.12. The trade was a 3.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.15% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

DLR has been the topic of several research analyst reports. TD Cowen upgraded shares of Digital Realty Trust from a "hold" rating to a "buy" rating and lifted their price target for the stock from $192.00 to $222.00 in a research note on Friday, July 24th. Royal Bank Of Canada upped their price objective on shares of Digital Realty Trust from $207.00 to $227.00 and gave the company an "outperform" rating in a research note on Monday, July 27th. KeyCorp restated a "sector weight" rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Guggenheim raised Digital Realty Trust from a "neutral" rating to a "buy" rating and set a $200.00 price objective on the stock in a report on Wednesday, July 15th. Finally, BTIG Research lifted their target price on Digital Realty Trust from $215.00 to $220.00 and gave the stock a "buy" rating in a research report on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $219.69.

Digital Realty Trust Price Performance

DLR stock opened at $180.07 on Tuesday. The company has a market capitalization of $66.81 billion, a P/E ratio of 87.41, a PEG ratio of 3.42 and a beta of 0.99. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The business has a 50 day simple moving average of $186.56 and a 200-day simple moving average of $187.24. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68.

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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.98 by ($0.77). The business had revenue of $1.92 billion for the quarter, compared to analysts' expectations of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%. The business's revenue was up 28.9% on a year-over-year basis. During the same quarter last year, the business posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities analysts anticipate that Digital Realty Trust, Inc. will post 8.40 EPS for the current year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.7%. Digital Realty Trust's dividend payout ratio (DPR) 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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