American National Bank & Trust increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 12,034.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,858 shares of the real estate investment trust’s stock after buying an additional 8,785 shares during the quarter. American National Bank & Trust’s holdings in Digital Realty Trust were worth $1,555,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the business. BlackRock Inc. acquired a new stake in shares of Digital Realty Trust during the second quarter worth about $7,277,032,000. Cohen & Steers Inc. raised 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 purchasing an additional 4,276,073 shares during the last quarter. Bank of America Corp DE raised its stake in Digital Realty Trust by 6.0% during the 1st quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust’s stock valued at $1,706,714,000 after acquiring an additional 534,158 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of Digital Realty Trust in the 2nd quarter worth $1,178,095,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Digital Realty Trust by 17,256.9% in the 2nd 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 buying an additional 4,862,814 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.
Analyst Ratings Changes
Several research firms have weighed in on DLR. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $229.00 target price on shares of Digital Realty Trust in a report on Monday, July 27th. Wells Fargo & Company raised Digital Realty Trust from an “overweight” rating to a “buy” rating in a research report on Wednesday, August 5th. Argus upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price target on the stock in a report on Wednesday, August 5th. JPMorgan Chase & Co. upped their price target on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. One research 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, the company currently has an average rating of “Moderate Buy” and an average target price of $219.69.
Digital Realty Trust Stock Performance
DLR stock traded down $2.36 during trading on Wednesday, hitting $182.29. 538,844 shares of the company’s stock traded hands, compared to its average volume of 2,326,734. 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 stock has a fifty day moving average price of $187.49 and a two-hundred day moving average price of $187.16. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The stock has a market capitalization of $67.63 billion, a price-to-earnings ratio of 88.42, a price-to-earnings-growth ratio of 3.45 and a beta of 0.99.
Digital Realty Trust (NYSE:DLR – Get Free Report) 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 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 company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the previous year, the business posted $1.87 earnings per share. The business’s quarterly 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. As a group, equities analysts anticipate that Digital Realty Trust, Inc. will post 8.4 EPS for the current fiscal year.
Digital Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a $1.22 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.7%. Digital Realty Trust’s payout ratio is 236.89%.
Insider Activity at Digital Realty Trust
In related news, Director Mark Patterson sold 200 shares of the stock in a transaction that occurred on 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 directly owned 6,322 shares of the company’s stock, valued at $1,226,215.12. This represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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.
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