Digital Realty Trust, Inc. $DLR Shares Purchased by Stratos Wealth Partners LTD.

Key Points

• Stratos Wealth Partners LTD increased its stake in Digital Realty Trust by 45%, owning 10,032 shares valued at approximately $1.75 million at the end of the last reporting period.
• CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock for a total of $9.33 million on September 15th, while insiders currently own only 0.17% of the stock.
• Digital Realty Trust reported $1.87 EPS for the last quarter, surpassing expectations, and declared a quarterly dividend of $1.22 with a yield of 2.8%.

Stratos Wealth Partners LTD. lifted its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 45.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,032 shares of the real estate investment trust's stock after purchasing an additional 3,114 shares during the period. Stratos Wealth Partners LTD.'s holdings in Digital Realty Trust were worth $1,749,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Greykasell Wealth Strategies Inc. acquired a new position in shares of Digital Realty Trust in the first quarter valued at approximately $26,000. WPG Advisers LLC acquired a new position in shares of Digital Realty Trust in the first quarter valued at approximately $30,000. 1 North Wealth Services LLC acquired a new position in shares of Digital Realty Trust in the first quarter valued at approximately $31,000. Key Financial Inc grew its holdings in shares of Digital Realty Trust by 114.0% in the first 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 in the last quarter. Finally, GKV Capital Management Co. Inc. acquired a new position in shares of Digital Realty Trust in the first quarter valued at approximately $38,000. Institutional investors and hedge funds own 99.71% of the company's stock.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on DLR shares. Guggenheim started coverage on shares of Digital Realty Trust in a research note on Wednesday, July 9th. They issued a "neutral" rating for the company. Morgan Stanley started coverage on shares of Digital Realty Trust in a research note on Thursday, October 16th. They issued an "equal weight" rating and a $195.00 price target for the company. Moffett Nathanson lifted their price target on shares of Digital Realty Trust from $163.00 to $166.00 and gave the stock a "neutral" rating in a research note on Monday, October 6th. Citigroup reiterated a "buy" rating on shares of Digital Realty Trust in a research note on Tuesday, August 26th. Finally, 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 note on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of "Moderate Buy" and an average price target of $191.38.

Digital Realty Trust Stock Up 0.1%

Shares of NYSE:DLR opened at $172.91 on Tuesday. The company has a market capitalization of $58.97 billion, a PE ratio of 45.38, a P/E/G ratio of 4.86 and a beta of 0.96. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.82. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $198.00. The firm has a 50 day simple moving average of $170.10 and a 200-day simple moving average of $168.23.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share 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 the consensus estimate of $1.44 billion. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. The company's revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.65 EPS. Digital Realty Trust has set its FY 2025 guidance at 7.150-7.250 EPS. On average, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a $1.22 dividend. The ex-dividend date was Monday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust's dividend payout ratio is 128.08%.

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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