Digital Realty Trust, Inc. $DLR Stock Bought by Hummer Financial Advisory Services Inc

Hummer Financial Advisory Services Inc raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 2,097.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,164 shares of the real estate investment trust’s stock after acquiring an additional 33,564 shares during the quarter. Digital Realty Trust makes up 4.8% of Hummer Financial Advisory Services Inc’s holdings, making the stock its 4th largest holding. Hummer Financial Advisory Services Inc’s holdings in Digital Realty Trust were worth $6,172,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of Digital Realty Trust in the second quarter worth about $7,277,032,000. Cohen & Steers Inc. boosted its position in Digital Realty Trust by 18.0% in the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock valued at $4,332,366,000 after buying an additional 4,276,073 shares during the period. Bank of America Corp DE grew its stake in Digital Realty Trust by 6.0% in the 1st 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 in the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Digital Realty Trust during the second quarter worth approximately $1,178,095,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Digital Realty Trust by 17,256.9% during 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 acquiring an additional 4,862,814 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Down 2.4%

Shares of NYSE DLR opened at $176.18 on Friday. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The business has a fifty day moving average price of $186.99 and a 200 day moving average price of $187.19. The stock has a market capitalization of $65.36 billion, a P/E ratio of 85.52, a price-to-earnings-growth ratio of 3.46 and a beta of 0.99. 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 (NYSE:DLR) last posted its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.77). The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. Digital Realty Trust’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities research analysts expect that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, September 15th. Digital Realty Trust’s payout ratio is 236.89%.

Analysts Set New Price Targets

Several brokerages recently issued reports on DLR. Evercore reissued an “outperform” rating and issued a $240.00 price objective on shares of Digital Realty Trust in a research note on Tuesday, August 18th. JPMorgan Chase & Co. increased their price target on Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. BTIG Research raised their price target on Digital Realty Trust from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, September 10th. Wall Street Zen upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Mizuho set a $223.00 price objective on shares of Digital Realty Trust in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $219.69.

Insider Buying and Selling

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 6,322 shares in the company, valued at $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.15% of the stock is owned by insiders.

About Digital Realty Trust

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.