Aptus Capital Advisors LLC Increases Holdings in Digital Realty Trust, Inc. $DLR

Key Points

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Aptus Capital Advisors LLC grew its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 9.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 78,523 shares of the real estate investment trust's stock after buying an additional 6,568 shares during the quarter. Aptus Capital Advisors LLC's holdings in Digital Realty Trust were worth $11,251,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pacific Heights Asset Management LLC raised its position in shares of 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 worth $14,329,000 after acquiring an additional 25,000 shares in the last quarter. Vectors Research Management LLC raised its position in shares of 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 worth $3,082,000 after acquiring an additional 2,930 shares in the last quarter. Asset Management One Co. Ltd. raised its position in shares of 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 worth $92,196,000 after acquiring an additional 21,598 shares in the last quarter. Brown Advisory Inc. raised its position in shares of 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 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 shares of 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 worth $20,110,000 after acquiring an additional 12,289 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Stifel Nicolaus raised their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Bank of America assumed coverage on Digital Realty Trust in a research report on Monday, May 19th. They set a "buy" rating and a $210.00 price objective for the company. Wells Fargo & Company raised their price objective on Digital Realty Trust from $185.00 to $195.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. Raymond James Financial raised their price objective on Digital Realty Trust from $190.00 to $205.00 and gave the company a "strong-buy" rating in a research report on Friday, July 25th. Finally, Wall Street Zen raised Digital Realty Trust from a "sell" rating to a "hold" rating in a research report on Sunday, June 1st. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $190.74.

Digital Realty Trust Stock Up 1.9%

Shares of Digital Realty Trust stock traded up $3.1570 on Friday, reaching $166.9370. The company's stock had a trading volume of 1,355,862 shares, compared to its average volume of 1,457,840. The company has a market capitalization of $56.93 billion, a price-to-earnings ratio of 43.82, a P/E/G ratio of 4.71 and a beta of 0.92. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $198.00. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 0.82. The firm's fifty day simple moving average is $172.59 and its two-hundred day simple moving average is $163.60.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.74 by $0.13. The firm had revenue of $1.49 billion for 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%.The company's revenue for the quarter was up 10.0% on a year-over-year basis. During the same period last year, the business posted $1.65 EPS. 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 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a dividend of $1.22 per share. The ex-dividend date is Monday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.9%. Digital Realty Trust's payout ratio is 128.08%.

Insiders Place Their Bets

In related news, Director Mark R. Patterson sold 175 shares of Digital Realty Trust stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $176.50, for a total transaction of $30,887.50. Following the transaction, the director directly owned 6,522 shares in the company, valued at approximately $1,151,133. The trade was a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.13% of the company's stock.

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.