Sagace Wealth Management LLC Makes New $2.85 Million Investment in Digital Realty Trust, Inc. $DLR

Key Points

• Sagace Wealth Management acquired 15,869 shares of Digital Realty Trust valued at approximately $2.85 million, making DLR 1.8% of its portfolio and its 13th-largest holding.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $219.45, above the stock’s reported $195.49 price.
• Digital Realty reported quarterly revenue of $1.92 billion, up 28.9% year over year but missed EPS estimates; it also declared a $1.22 quarterly dividend, equal to a 2.5% annualized yield.

Sagace Wealth Management LLC acquired a new stake in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 15,869 shares of the real estate investment trust's stock, valued at approximately $2,850,000. Digital Realty Trust comprises approximately 1.8% of Sagace Wealth Management LLC's investment portfolio, making the stock its 13th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sunbelt Securities Inc. raised its holdings in Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust's stock valued at $28,000 after buying an additional 125 shares during the period. Bell Investment Advisors Inc increased its position in Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 62 shares during the last quarter. Harvest Fund Management Co. Ltd raised its stake in shares of Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 165 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Digital Realty Trust in the 3rd quarter worth about $34,000. Finally, MCF Advisors LLC purchased a new position in shares of Digital Realty Trust during the 4th quarter worth about $35,000. Hedge funds and other institutional investors own 99.71% of the company's stock.

Wall Street Analyst Weigh In

DLR has been the topic of a number of recent analyst reports. TD Cowen raised shares of Digital Realty Trust from a "hold" rating to a "buy" rating and increased their price objective for the stock from $192.00 to $222.00 in a research report on Friday, July 24th. Scotiabank boosted their target price on Digital Realty Trust from $195.00 to $222.00 and gave the company an "outperform" rating in a research report on Monday, April 27th. Citizens Jmp upped their target price on Digital Realty Trust from $220.00 to $250.00 and gave the company a "market outperform" rating in a research note on Monday, April 27th. Weiss Ratings lowered Digital Realty Trust from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, August 12th. Finally, Raymond James Financial boosted their price objective on Digital Realty Trust from $210.00 to $235.00 and gave the company a "strong-buy" rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Digital Realty Trust presently has a consensus rating of "Moderate Buy" and an average price target of $219.45.

Digital Realty Trust Stock Down 1.2%

NYSE:DLR opened at $195.49 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The company has a 50-day moving average of $186.30 and a 200 day moving average of $185.00. The firm has a market cap of $72.34 billion, a PE ratio of 94.90, a price-to-earnings-growth ratio of 5.67 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR - Get Free Report) last posted 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). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the prior year, the firm posted $1.87 EPS. The company's revenue for the quarter was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, research analysts anticipate that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust's dividend payout ratio (DPR) is 236.89%.

About Digital Realty Trust

Digital Realty Trust, Inc NYSE: DLR is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty's offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty's product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.

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