Digital Realty Trust, Inc. $DLR Stock: Mather Group LLC. Raises Stake

Mather Group LLC. raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 573.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,248 shares of the real estate investment trust’s stock after buying an additional 22,349 shares during the quarter. Mather Group LLC.’s holdings in Digital Realty Trust were worth $4,607,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. First Pacific Financial boosted its stake in Digital Realty Trust by 72.5% during the third quarter. First Pacific Financial now owns 464 shares of the real estate investment trust’s stock worth $81,000 after acquiring an additional 195 shares in the last quarter. Union Savings Bank acquired a new stake in Digital Realty Trust in the third quarter worth $2,982,000. Elmwood Wealth Management Inc. increased its stake in Digital Realty Trust by 312.8% in the third quarter. Elmwood Wealth Management Inc. now owns 13,254 shares of the real estate investment trust’s stock valued at $2,326,000 after purchasing an additional 10,043 shares in the last quarter. Triumph Capital Management increased its stake in Digital Realty Trust by 14,065.1% in the third quarter. Triumph Capital Management now owns 15,015 shares of the real estate investment trust’s stock valued at $2,636,000 after purchasing an additional 14,909 shares in the last quarter. Finally, Adirondack Trust Co. increased its stake in Digital Realty Trust by 21,817.8% in the third quarter. Adirondack Trust Co. now owns 56,548 shares of the real estate investment trust’s stock valued at $9,926,000 after purchasing an additional 56,290 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of the business’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 transaction, the director directly owned 6,322 shares in the company, valued at approximately $1,226,215.12. The trade was a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.15% of the stock is owned by insiders.

Digital Realty Trust Stock Up 1.2%

Shares of NYSE:DLR opened at $174.23 on Friday. The stock has a market cap of $64.64 billion, a price-to-earnings ratio of 84.58, a PEG ratio of 3.30 and a beta of 0.99. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The business’s 50 day moving average is $185.40 and its 200 day moving average is $187.23.

Digital Realty Trust (NYSE:DLR) last announced its quarterly 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 for the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%. The company’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given 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 of this dividend was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 236.89%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $229.00 price objective on shares of Digital Realty Trust in a report on Monday, July 27th. TD Cowen upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and raised their target price for the company from $192.00 to $222.00 in a research note on Friday, July 24th. BTIG Research boosted their target price on Digital Realty Trust from $215.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. Weiss Ratings downgraded Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. One equities 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’s stock. According to data from MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $219.69.

Digital Realty Trust Profile

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.