Digital Realty Trust, Inc. $DLR Shares Acquired by Benjamin Edwards Inc.

Key Points

• Benjamin Edwards Inc. increased its Digital Realty Trust stake by 40.6% in the second quarter, acquiring 25,667 additional shares for a total holding of 88,953 shares valued at approximately $15.98 million. Institutional investors collectively own 99.71% of the company.
• Analysts maintain a generally positive outlook, with Digital Realty carrying a “Moderate Buy” consensus rating and an average price target of $219.45. Recent targets range from $197 to $240.
• Digital Realty reported quarterly revenue of $1.92 billion, up 28.9% year over year, but earnings per share of $1.21 missed estimates of $1.98. The company declared a quarterly dividend of $1.22 per share, equivalent to a 2.6% yield.

Benjamin Edwards Inc. lifted its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 40.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 88,953 shares of the real estate investment trust's stock after purchasing an additional 25,667 shares during the period. Benjamin Edwards Inc.'s holdings in Digital Realty Trust were worth $15,978,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Cherry Creek Investment Advisors Inc. raised its position in Digital Realty Trust by 0.3% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust's stock valued at $3,378,000 after purchasing an additional 51 shares in the last quarter. Columbia Bank grew its position in shares of Digital Realty Trust by 0.9% during the first quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust's stock worth $1,111,000 after buying an additional 53 shares in the last quarter. GHP Investment Advisors Inc. increased its stake in shares of Digital Realty Trust by 9.1% during the first quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust's stock worth $118,000 after buying an additional 55 shares during the period. South Plains Financial Inc. raised its holdings in Digital Realty Trust by 25.7% in the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust's stock valued at $42,000 after acquiring an additional 56 shares in the last quarter. Finally, Denali Advisors LLC lifted its stake in Digital Realty Trust by 1.3% in the second quarter. Denali Advisors LLC now owns 4,359 shares of the real estate investment trust's stock worth $783,000 after acquiring an additional 56 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on the company. KeyCorp restated a "sector weight" rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Citigroup reaffirmed a "market outperform" rating on shares of Digital Realty Trust in a research report on Friday, July 24th. BTIG Research began coverage on Digital Realty Trust in a research report on Friday, July 10th. They set a "buy" rating and a $215.00 target price on the stock. Evercore restated an "outperform" rating and set a $240.00 target price on shares of Digital Realty Trust in a research note on Tuesday, August 18th. Finally, Barclays lifted their price target on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Digital Realty Trust has an average rating of "Moderate Buy" and an average price target of $219.45.

Digital Realty Trust Stock Down 3.6%

Digital Realty Trust stock opened at $185.26 on Friday. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The stock has a 50 day moving average of $187.16 and a two-hundred day moving average of $186.24. The stock has a market capitalization of $68.73 billion, a price-to-earnings ratio of 89.93, a PEG ratio of 5.26 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing analysts' consensus estimates of $1.98 by ($0.77). The firm had revenue of $1.92 billion during the quarter, compared to analysts' expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business's quarterly revenue was up 28.9% on a year-over-year basis. During the same quarter last year, the business earned $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, research analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust's dividend payout ratio is 236.89%.

About Digital Realty Trust

Digital Realty Trust, Inc NYSE: DLR is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty's offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty's product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.

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