Digital Realty Trust, Inc. $DLR Stock Acquired by YANKCOM Partnership

YANKCOM Partnership raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 56.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 12,007 shares of the real estate investment trust’s stock after acquiring an additional 4,315 shares during the quarter. Digital Realty Trust accounts for approximately 0.7% of YANKCOM Partnership’s investment portfolio, making the stock its 29th biggest position. YANKCOM Partnership’s holdings in Digital Realty Trust were worth $2,108,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of DLR. Assenagon Asset Management S.A. boosted its position in shares of Digital Realty Trust by 6.4% during the third quarter. Assenagon Asset Management S.A. now owns 14,874 shares of the real estate investment trust’s stock valued at $2,611,000 after buying an additional 897 shares during the last quarter. Mystic Asset Management Inc. raised its position in Digital Realty Trust by 5.9% in the 3rd quarter. Mystic Asset Management Inc. now owns 5,367 shares of the real estate investment trust’s stock worth $942,000 after buying an additional 301 shares during the last quarter. State of Alaska Department of Revenue raised its position in Digital Realty Trust by 17.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 243,799 shares of the real estate investment trust’s stock worth $42,794,000 after buying an additional 36,981 shares during the last quarter. Trust Co. of Oklahoma purchased a new position in Digital Realty Trust in the 3rd quarter worth about $5,894,000. Finally, InvesTrust bought a new position in Digital Realty Trust during the 3rd quarter valued at about $159,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

DLR stock opened at $174.23 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. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The company has a market cap of $64.64 billion, a P/E ratio of 84.58, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. The stock’s fifty day moving average price is $185.40 and its 200-day moving average price is $187.23.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter last year, the company posted $1.87 EPS. The firm’s revenue 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. On average, equities analysts forecast that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. BTIG Research raised their price target on shares of Digital Realty Trust from $215.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, September 10th. Citigroup reiterated a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Truist Financial decreased their price objective on shares of Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating for the company in a report on Thursday, July 30th. HSBC lowered their price objective on shares of Digital Realty Trust from $240.00 to $235.00 and set a “buy” rating on the stock in a research report on Wednesday, September 23rd. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $219.69.

Insider Activity

In other news, Director Mark Patterson sold 200 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the completion of the sale, the director owned 6,322 shares of the company’s stock, valued at $1,226,215.12. This represents a 3.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.15% of the stock is currently owned by corporate 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.