Digital Realty Trust, Inc. $DLR Stock: Cyndeo Wealth Partners LLC Increases Stake

Cyndeo Wealth Partners LLC raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 359.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 24,092 shares of the real estate investment trust’s stock after buying an additional 18,845 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in Digital Realty Trust were worth $4,229,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of DLR. Eagle Bay Advisors LLC bought a new position in shares of Digital Realty Trust during the 3rd quarter worth approximately $375,000. Hanson & Doremus Investment Management lifted its position in Digital Realty Trust by 217.9% during the third quarter. Hanson & Doremus Investment Management now owns 3,465 shares of the real estate investment trust’s stock valued at $608,000 after acquiring an additional 2,375 shares during the last quarter. Pension & Wealth Management Advisors Inc. acquired a new stake in Digital Realty Trust in the third quarter valued at approximately $563,000. Howard Capital Management LLC boosted its stake in Digital Realty Trust by 12,322.3% in the third quarter. Howard Capital Management LLC now owns 271,303 shares of the real estate investment trust’s stock valued at $47,622,000 after acquiring an additional 269,119 shares in the last quarter. Finally, Goelzer Investment Management Inc. grew its holdings in Digital Realty Trust by 269.5% in the third quarter. Goelzer Investment Management Inc. now owns 18,430 shares of the real estate investment trust’s stock worth $3,235,000 after purchasing an additional 13,442 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Wells Fargo & Company raised Digital Realty Trust from an “overweight” rating to a “buy” rating in a research report on Wednesday, August 5th. HSBC reduced their target price on 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. Citigroup reiterated a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. TD Cowen raised Digital Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the stock from $192.00 to $222.00 in a report on Friday, July 24th. Finally, Barclays raised their price target on Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Digital Realty Trust has an average rating of “Moderate Buy” and a consensus target price of $219.69.

Digital Realty Trust Price Performance

Shares of DLR opened at $176.08 on Friday. The firm has a market capitalization of $65.33 billion, a PE ratio of 85.48, a price-to-earnings-growth ratio of 3.34 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, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The company’s fifty day moving average price is $185.05 and its 200-day moving average price is $187.15.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share 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 during the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the company posted $1.87 earnings per share. The firm’s revenue for the quarter was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, equities research analysts predict that Digital Realty Trust, Inc. will post 8.40 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a $1.22 dividend. This represents a $4.88 annualized dividend 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 is 236.89%.

Insider Activity at Digital Realty Trust

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