Digital Realty Trust, Inc. $DLR Stock Position Increased by International Assets Investment Management LLC

Key Points

• International Assets Investment Management increased its Digital Realty stake by 6,343.3% in the third quarter, acquiring 98,448 additional shares for a total holding of 100,000 shares valued at $17.6 million. Institutional investors collectively own 99.71% of DLR.
• Digital Realty reported quarterly revenue of $1.90 billion, up 20.6% year over year and above estimates, although EPS of $0.48 missed consensus by $0.04. The company pays a quarterly dividend of $1.22, equivalent to a 2.7% annualized yield.
• Analysts maintain a generally bullish outlook, with a consensus “Moderate Buy” rating and an average price target of $221.35 versus a recent price of $180.26. However, the stock’s high valuation and sensitivity to interest rates remain risks.

International Assets Investment Management LLC grew its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 6,343.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 100,000 shares of the real estate investment trust's stock after acquiring an additional 98,448 shares during the period. International Assets Investment Management LLC's holdings in Digital Realty Trust were worth $17,553,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Montecito Bank & Trust raised its stake in shares of Digital Realty Trust by 413.2% during the 3rd quarter. Montecito Bank & Trust now owns 22,915 shares of the real estate investment trust's stock valued at $4,022,000 after buying an additional 18,450 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Digital Realty Trust by 88.0% in the 2nd quarter. NewEdge Advisors LLC now owns 43,832 shares of the real estate investment trust's stock valued at $7,871,000 after buying an additional 20,513 shares during the period. Benjamin Edwards Inc. boosted its stake in shares of Digital Realty Trust by 40.6% in the second quarter. Benjamin Edwards Inc. now owns 88,953 shares of the real estate investment trust's stock worth $15,978,000 after buying an additional 25,667 shares during the last quarter. Beacon Pointe Advisors LLC purchased a new stake in shares of Digital Realty Trust in the second quarter worth about $3,286,000. Finally, Galaxy Digital Capital Management GP LLC acquired a new stake in Digital Realty Trust during the second quarter worth about $2,837,000. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Price Performance

NYSE:DLR opened at $180.26 on Friday. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $66.88 billion, a PE ratio of 75.42, a price-to-earnings-growth ratio of 3.49 and a beta of 0.99. The stock's 50-day moving average price is $181.45 and its 200-day moving average price is $182.91.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.04). The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.75 billion. Digital Realty Trust had a return on equity of 3.81% and a net margin of 13.06%. The business's revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.89 EPS. As a group, equities analysts expect that Digital Realty Trust, Inc. will post 8.37 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a $1.22 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.7%. Digital Realty Trust's payout ratio is 204.18%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on DLR shares. KeyCorp reiterated a "sector weight" rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Wells Fargo & Company upped their price objective on Digital Realty Trust from $220.00 to $225.00 and gave the stock an "overweight" rating in a research report on Friday. Rothschild & Co Redburn assumed coverage on shares of Digital Realty Trust in a research note on Monday, September 21st. They set a "buy" rating and a $227.00 price objective on the stock. Truist Financial dropped their price objective 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, HSBC cut their target price on shares of Digital Realty Trust from $240.00 to $235.00 and set a "buy" rating for the company in a report on Wednesday, September 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Digital Realty Trust currently has a consensus rating of "Moderate Buy" and a consensus target price of $221.35.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Mark Patterson sold 200 shares of the company'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 transaction of $38,792.00. Following the completion of the transaction, the director directly owned 6,322 shares of the company's stock, valued at $1,226,215.12. This represents a 3.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.15% of the stock is currently owned by insiders.

Digital Realty Trust News Roundup

Here are the key news stories impacting Digital Realty Trust this week:

• Positive Sentiment: Third-quarter FFO and revenue exceeded expectations. Core FFO was $2.10 per share, beating estimates by $0.10, while revenue reached approximately $1.90 billion—$140 million above consensus—and increased 20.6% year over year. Digital Realty Trust FFO and revenue results
• Positive Sentiment: Improving data-center fundamentals supported the outlook. Record bookings, higher occupancy and stronger rental rates drove double-digit core FFO growth. Management raised its 2026 core FFO outlook to $8.30-$8.35 per share, broadly in line with the FactSet estimate of $8.34. DLR Q3 FFO and revenue outlook
• Positive Sentiment: Analysts raised their price targets and maintained bullish ratings. Wells Fargo lifted its target to $225 from $220, Cantor Fitzgerald raised its target to $223 from $221, and Citigroup increased its target to $234 from $226. Wells Fargo and Cantor Fitzgerald both retained “overweight” ratings. Wells Fargo Digital Realty Trust rating
• Neutral Sentiment: Investor focus remains on execution and valuation. The raised outlook was close to existing expectations, limiting the potential for a major positive surprise. DLR also trades at a high earnings multiple, making the stock sensitive to interest rates and any slowdown in data-center demand.
• Negative Sentiment: Reported EPS missed the consensus estimate. Digital Realty posted quarterly EPS of $0.48 versus expectations of $0.52, despite the revenue beat. The earnings shortfall may have prompted profit-taking and helped offset the stronger FFO and operating metrics. Digital Realty Trust quarterly earnings
• Negative Sentiment: Put-option activity increased. Traders purchased 3,148 put options, approximately 87% above typical volume, signaling increased near-term hedging or bearish speculation.

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.

Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Digital Realty Trust, Inc. (NYSE:DLR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.