EP Wealth Advisors LLC Takes $644,000 Position in Digital Realty Trust, Inc. $DLR

EP Wealth Advisors LLC purchased a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,586 shares of the real estate investment trust’s stock, valued at approximately $644,000.

Other hedge funds have also made changes to their positions in the company. Sunbelt Securities Inc. grew its stake in Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 125 shares during the last quarter. Gables Capital Management Inc. acquired a new stake in Digital Realty Trust in the second quarter worth $29,000. Bell Investment Advisors Inc lifted its stake in Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 62 shares during the last quarter. Harvest Fund Management Co. Ltd lifted its stake in Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 165 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Digital Realty Trust during the third quarter valued at $34,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of DLR opened at $188.52 on Tuesday. The firm has a market capitalization of $69.94 billion, a PE ratio of 91.51, a P/E/G ratio of 5.40 and a beta of 1.03. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The firm has a 50-day moving average price of $186.97 and a 200 day moving average price of $185.72. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results 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). 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 firm’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.6%. Digital Realty Trust’s payout ratio is presently 236.89%.

Analyst Ratings Changes

A number of analysts recently weighed in on DLR shares. Royal Bank Of Canada increased their price objective on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Scotiabank boosted their target price on shares of Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research note on Monday, April 27th. TD Cowen upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and upped their target price for the stock from $192.00 to $222.00 in a research report on Friday, July 24th. Citizens Jmp raised their price target on shares of Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a research note on Monday, April 27th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $219.45.

Digital Realty Trust 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.