Digital Realty Trust, Inc. $DLR Stake Increased by Elmwood Wealth Management Inc.

Key Points

• Elmwood Wealth Management increased its Digital Realty Trust stake by 312.8% in the third quarter, ending with 13,254 shares valued at approximately $2.33 million. Institutional investors collectively own 99.71% of the company.
• Analysts maintain a generally positive outlook, with Digital Realty receiving a “Moderate Buy” consensus rating and an average price target of $219.69, well above its recent trading price of $172.
• Digital Realty shares fell 3.4% in recent trading, while the company reported quarterly revenue of $1.92 billion that exceeded estimates but earnings per share of $1.21 that missed expectations. It also declared a quarterly dividend of $1.22 per share, yielding approximately 2.8% annually.

Elmwood Wealth Management Inc. boosted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 312.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,254 shares of the real estate investment trust's stock after buying an additional 10,043 shares during the quarter. Elmwood Wealth Management Inc.'s holdings in Digital Realty Trust were worth $2,326,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Activity at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of the firm's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the sale, the director owned 6,322 shares of the company's stock, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.15% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on DLR shares. KeyCorp reaffirmed a "sector weight" rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Mizuho set a $223.00 price objective on shares of Digital Realty Trust in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $229.00 target price on shares of Digital Realty Trust in a report on Monday, July 27th. Royal Bank Of Canada lifted their target price on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an "outperform" rating in a research report on Monday, July 27th. Finally, BTIG Research upped their target price on Digital Realty Trust from $215.00 to $220.00 and gave the company a "buy" rating in a research note 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $219.69.

Digital Realty Trust Stock Down 3.4%

Digital Realty Trust stock traded down $6.14 during trading on Wednesday, reaching $172.00. 1,754,269 shares of the company's stock were exchanged, compared to its average volume of 2,317,421. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The firm has a market cap of $63.81 billion, a price-to-earnings ratio of 83.50, a PEG ratio of 3.45 and a beta of 0.99. The company's 50-day moving average is $185.78 and its two-hundred day moving average is $187.24.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). The company had revenue of $1.92 billion for the quarter, compared to analyst estimates 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 period last year, the firm posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, analysts predict that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 15th. Digital Realty Trust's dividend payout ratio is currently 236.89%.

Digital Realty Trust Company 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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