Sound Income Strategies LLC Acquires 4,113 Shares of Digital Realty Trust, Inc. $DLR

Sound Income Strategies LLC raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 107,212 shares of the real estate investment trust’s stock after purchasing an additional 4,113 shares during the quarter. Sound Income Strategies LLC’s holdings in Digital Realty Trust were worth $19,346,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Sunbelt Securities Inc. lifted 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 worth $28,000 after purchasing an additional 125 shares during the last quarter. Bell Investment Advisors Inc boosted its position in shares of 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 boosted its position 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 acquired a new position in shares of Digital Realty Trust in the third quarter valued at about $34,000. Finally, MCF Advisors LLC acquired a new position in shares of Digital Realty Trust in the fourth quarter valued at about $35,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Down 1.8%

Shares of Digital Realty Trust stock opened at $173.09 on Friday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The company has a market capitalization of $60.82 billion, a price-to-earnings ratio of 45.67, a PEG ratio of 4.79 and a beta of 1.03. The firm’s 50-day moving average price is $190.43 and its two-hundred day moving average price is $178.13.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the previous year, the company earned $1.77 EPS. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, analysts forecast that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a dividend of $1.22 per share. The ex-dividend date was Monday, June 15th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust’s dividend payout ratio is presently 128.76%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. UBS Group lifted their price objective on shares of Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Citigroup reaffirmed an “outperform” rating on shares of Digital Realty Trust in a report on Monday, April 27th. BNP Paribas Exane lifted their price target on shares of Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. boosted their price target on Digital Realty Trust from $210.00 to $230.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Finally, Mizuho increased their price target on Digital Realty Trust from $180.00 to $217.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus price target of $216.81.

Digital Realty Trust Company Profile

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.