Digital Realty Trust, Inc. $DLR Stock: IFP Advisors Inc Raises Holdings

Key Points

• IFP Advisors increased its Digital Realty Trust holdings by 504.8% in the third quarter, bringing its position to 96,533 shares valued at approximately $16.9 million. Institutional investors and hedge funds collectively own 99.71% of DLR.
• Digital Realty reported quarterly revenue of $1.92 billion, up 28.9% year over year and above estimates, but earnings per share of $1.21 fell short of the $1.98 consensus forecast.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $219.69 versus its recent price of $176.08. The company also pays a quarterly dividend of $1.22 per share, yielding about 2.8%.

IFP Advisors Inc lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 504.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,533 shares of the real estate investment trust's stock after acquiring an additional 80,571 shares during the quarter. IFP Advisors Inc's holdings in Digital Realty Trust were worth $16,944,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of DLR. Delta Capital Management LLC increased its stake in shares of Digital Realty Trust by 32.1% in the 3rd quarter. Delta Capital Management LLC now owns 16,280 shares of the real estate investment trust's stock valued at $2,858,000 after purchasing an additional 3,960 shares in the last quarter. Frank Rimerman Advisors LLC boosted its position in Digital Realty Trust by 1,706.7% during the third quarter. Frank Rimerman Advisors LLC now owns 79,821 shares of the real estate investment trust's stock worth $14,011,000 after purchasing an additional 75,403 shares in the last quarter. Forbes J M & Co. LLP purchased a new position in Digital Realty Trust during the third quarter worth approximately $200,000. JGP Global Gestao de Recursos Ltda. acquired a new stake in Digital Realty Trust in the third quarter valued at approximately $1,806,000. Finally, Alpine Bank Wealth Management grew its holdings in Digital Realty Trust by 225.3% in the third quarter. Alpine Bank Wealth Management now owns 1,106 shares of the real estate investment trust's stock valued at $194,000 after purchasing an additional 766 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

NYSE:DLR opened at $176.08 on Friday. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The stock has a market cap of $65.33 billion, a PE ratio of 85.48, a P/E/G ratio of 3.37 and a beta of 0.99. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a 50 day moving average price of $185.05 and a 200 day moving average price of $187.15.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released 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 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 quarterly revenue was up 28.9% on a year-over-year basis. During the same period last year, the firm posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities research analysts expect that Digital Realty Trust, Inc. will post 8.40 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued 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 was Tuesday, September 15th. Digital Realty Trust's payout ratio is currently 236.89%.

Insider Activity at Digital Realty Trust

In other news, Director Mark Patterson sold 200 shares of the business's stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the transaction, the director owned 6,322 shares of the company's stock, valued at approximately $1,226,215.12. The trade was a 3.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.15% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Royal Bank Of Canada boosted their price objective on Digital Realty Trust from $207.00 to $227.00 and gave the company an "outperform" rating in a research report on Monday, July 27th. Barclays upped their target price on 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. TD Cowen upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and increased their target price for the company from $192.00 to $222.00 in a research report on Friday, July 24th. Truist Financial dropped their price target on shares of Digital Realty Trust from $225.00 to $220.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Finally, Guggenheim raised shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and set a $200.00 price target for the company in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $219.69.

About Digital Realty Trust

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data center facilities for businesses, cloud service providers, information technology companies and telecommunications organizations. The company provides the physical infrastructure needed to support data storage, networking, cloud computing and other digital operations.

Its services include data center colocation, interconnection and private connectivity solutions. Digital Realty also offers access to cloud and network providers through its PlatformDIGITAL platform, which is designed to help customers deploy, connect and manage their digital infrastructure across multiple locations.

Founded in 2001, Digital Realty serves customers through a global portfolio of data centers and related facilities across North America, Europe, Asia-Pacific and Latin America.

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