SWP Investment Management LLC boosted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 45.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,784 shares of the real estate investment trust’s stock after buying an additional 4,324 shares during the period. SWP Investment Management LLC’s holdings in Digital Realty Trust were worth $2,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also added to or reduced their stakes in the company. Bison Wealth LLC increased its holdings in shares of Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after purchasing an additional 390 shares during the period. Empowered Funds LLC lifted its holdings in shares of Digital Realty Trust by 9.4% during the first quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after purchasing an additional 584 shares during the period. NewEdge Advisors LLC boosted its position in Digital Realty Trust by 23.0% in the second quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock valued at $3,790,000 after buying an additional 4,069 shares during the last quarter. Treasurer of the State of North Carolina boosted its position in Digital Realty Trust by 3.9% in the second quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock valued at $27,469,000 after buying an additional 5,909 shares during the last quarter. Finally, Peapack Gladstone Financial Corp increased its holdings in Digital Realty Trust by 0.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock worth $4,816,000 after buying an additional 231 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.
Digital Realty Trust Stock Up 1.4%
DLR stock opened at $191.25 on Tuesday. The company has a current ratio of 0.87, a quick ratio of 1.59 and a debt-to-equity ratio of 0.68. The firm has a 50-day moving average of $184.70 and a two-hundred day moving average of $182.36. 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 cap of $67.21 billion, a price-to-earnings ratio of 92.84, a PEG ratio of 5.35 and a beta of 1.03.
Digital Realty Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $1.22 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. Digital Realty Trust’s payout ratio is presently 236.89%.
Wall Street Analyst Weigh In
Several equities research analysts have commented on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $215.00 price target on shares of Digital Realty Trust in a report on Friday, April 24th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a research note on Wednesday, July 15th. Royal Bank Of Canada raised their target price on Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Finally, BTIG Research started coverage on Digital Realty Trust in a research report on Friday, July 10th. They set a “buy” rating and a $215.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $218.17.
Read Our Latest Stock Analysis on Digital Realty Trust
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.
Recommended Stories
- Five stocks we like better than Digital Realty Trust
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
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).
Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
