WealthShield Partners LLC Buys Shares of 9,842 Digital Realty Trust, Inc. $DLR

Key Points

• WealthShield Partners initiated a position in Digital Realty Trust, buying 9,842 shares valued at approximately $1.77 million. Institutional investors collectively own 99.71% of the company.
• Analysts remain broadly bullish, with 25 Buy ratings and an average price target of $219.45, compared with the stock’s opening price of $190.81.
• Digital Realty’s latest quarter produced $1.92 billion in revenue, up 28.9% year over year, but EPS of $1.21 missed estimates. The company also declared a quarterly dividend of $1.22 per share, representing a 2.6% annualized yield.

WealthShield Partners LLC purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,842 shares of the real estate investment trust's stock, valued at approximately $1,767,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Gables Capital Management Inc. acquired a new stake in Digital Realty Trust during the 2nd quarter worth $29,000. Sunbelt Securities Inc. lifted its holdings in Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust's stock worth $28,000 after acquiring an additional 125 shares in the last quarter. Bell Investment Advisors Inc grew its stake in Digital Realty Trust by 56.9% in 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 period. Harvest Fund Management Co. Ltd increased its holdings 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 worth $31,000 after acquiring an additional 165 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Digital Realty Trust in the third quarter worth about $34,000. Institutional investors and hedge funds own 99.71% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Wall Street Zen upgraded Digital Realty Trust from a "sell" rating to a "hold" rating in a report on Saturday, July 25th. Guggenheim upgraded shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and set a $200.00 target price on the stock in a report on Wednesday, July 15th. JPMorgan Chase & Co. lifted their price target on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company an "overweight" rating in a research note on Friday, July 24th. Barclays upped their price target on shares of Digital Realty Trust from $189.00 to $197.00 and gave the company an "equal weight" rating in a report on Wednesday, July 1st. Finally, BTIG Research initiated coverage on shares of Digital Realty Trust in a research report on Friday, July 10th. They set a "buy" rating and a $215.00 price objective for the company. One investment 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. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $219.45.

Digital Realty Trust Stock Down 1.8%

DLR stock opened at $190.81 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market capitalization of $70.79 billion, a P/E ratio of 92.63, a P/E/G ratio of 5.40 and a beta of 1.03. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The business has a 50-day moving average of $186.89 and a 200-day moving average of $185.41.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.98 by ($0.77). The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm's quarterly revenue was up 28.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust's payout ratio is currently 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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