Digital Realty Trust, Inc. $DLR Shares Purchased by Czech National Bank

Key Points

• The Czech National Bank increased its stake in Digital Realty Trust by 6.5%, acquiring an additional 4,734 shares to own a total of 77,384 shares, valued at approximately $13.49 million.
• Digital Realty Trust reported a quarterly earnings per share (EPS) of $1.87, exceeding analyst expectations, and revealed a 10% year-over-year revenue growth of $1.49 billion.
• The company declared a quarterly dividend of $1.22 per share, set to be paid on September 30th, with a dividend yield of 2.8%.

Czech National Bank boosted its stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 6.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 77,384 shares of the real estate investment trust's stock after acquiring an additional 4,734 shares during the period. Czech National Bank's holdings in Digital Realty Trust were worth $13,490,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

DLR has been the topic of a number of analyst reports. Guggenheim initiated coverage on Digital Realty Trust in a report on Wednesday, July 9th. They issued a "neutral" rating on the stock. Stifel Nicolaus lifted their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the company a "buy" rating in a report on Friday, July 25th. Wells Fargo & Company lifted their price objective on Digital Realty Trust from $185.00 to $195.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Wall Street Zen raised Digital Realty Trust from a "sell" rating to a "hold" rating in a report on Sunday, June 1st. Finally, Mizuho boosted their price target on Digital Realty Trust from $177.00 to $191.00 and gave the stock an "outperform" rating in a research note on Tuesday, June 17th. 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 given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $190.74.

Digital Realty Trust Trading Down 0.6%

Shares of DLR opened at $174.00 on Wednesday. The stock has a fifty day moving average of $170.62 and a two-hundred day moving average of $164.05. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.22 and a current ratio of 2.22. The company has a market capitalization of $59.34 billion, a PE ratio of 45.67, a price-to-earnings-growth ratio of 5.03 and a beta of 0.96. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $198.00.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.13. The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous 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, analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

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

Insider Activity at Digital Realty Trust

In other news, CEO Andrew Power sold 53,269 shares of the company's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $175.16, for a total transaction of $9,330,598.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.17% of the stock is currently owned by insiders.

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.

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