GAMMA Investing LLC Boosts Holdings in Digital Realty Trust, Inc. $DLR

Key Points

• GAMMA Investing LLC increased its Digital Realty Trust holdings by 90.3% in the third quarter, owning 21,654 shares valued at approximately $3.8 million. Institutional investors collectively own 99.71% of DLR.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $219.69, compared with the reported opening price of $176.18.
• Digital Realty reported quarterly revenue of $1.92 billion, up 28.9% year over year, but missed the consensus EPS estimate. The company maintains a quarterly dividend of $1.22, or $4.88 annually, yielding about 2.8%.

GAMMA Investing LLC lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 90.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,654 shares of the real estate investment trust's stock after buying an additional 10,278 shares during the quarter. GAMMA Investing LLC's holdings in Digital Realty Trust were worth $3,801,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of DLR. BlackRock Inc. bought a new stake in Digital Realty Trust during the 2nd quarter valued at $7,277,032,000. Cohen & Steers Inc. boosted its holdings in shares of Digital Realty Trust by 18.0% in the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust's stock worth $4,332,366,000 after acquiring an additional 4,276,073 shares during the period. Bank of America Corp DE boosted its holdings in shares of Digital Realty Trust by 6.0% in the first quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust's stock worth $1,706,714,000 after acquiring an additional 534,158 shares during the period. Canada Pension Plan Investment Board purchased a new position in shares of Digital Realty Trust in the second quarter valued at $1,178,095,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Digital Realty Trust by 17,256.9% in 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 valued at $878,325,000 after purchasing an additional 4,862,814 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

Insider Activity

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

Wall Street Analysts Forecast Growth

DLR has been the subject of several analyst reports. Cantor Fitzgerald raised their target price on Digital Realty Trust from $211.00 to $221.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. HSBC decreased their price target on Digital Realty Trust from $240.00 to $235.00 and set a "buy" rating on the stock in a research report on Wednesday, September 23rd. KeyCorp restated a "sector weight" rating on shares of Digital Realty Trust in a research report on Friday, July 24th. BTIG Research boosted their price objective on shares of Digital Realty Trust from $215.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, September 10th. Finally, JPMorgan Chase & Co. upped their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an "overweight" rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $219.69.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $176.18 on Friday. The business's 50-day moving average price is $186.99 and its two-hundred day moving average price is $187.19. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The stock has a market cap of $65.36 billion, a P/E ratio of 85.52, a PEG ratio of 3.46 and a beta of 0.99. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $1.92 billion for the quarter, compared to analysts' expectations of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The firm's revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities analysts predict that Digital Realty Trust, Inc. will post 8.4 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 issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Tuesday, September 15th. Digital Realty Trust's payout ratio is presently 236.89%.

Digital Realty Trust 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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