16,991 Shares in Digital Realty Trust, Inc. $DLR Acquired by Union Savings Bank

Union Savings Bank purchased a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 16,991 shares of the real estate investment trust’s stock, valued at approximately $2,982,000. Digital Realty Trust makes up about 1.2% of Union Savings Bank’s investment portfolio, making the stock its 16th biggest position.

A number of other hedge funds have also modified their holdings of DLR. Gables Capital Management Inc. purchased a new stake in shares of Digital Realty Trust in the second quarter worth $29,000. Bell Investment Advisors Inc raised its position in shares of Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 62 shares during the period. First Community Trust NA bought a new stake in shares of Digital Realty Trust during the 3rd quarter valued at $31,000. Solstein Capital LLC bought a new stake in shares of Digital Realty Trust during the 2nd quarter valued at $32,000. Finally, Danske Bank A S purchased a new position in shares of Digital Realty Trust during the 2nd quarter valued at $39,000. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Price Performance

DLR traded down $6.14 during trading on Wednesday, reaching $172.00. 1,754,269 shares of the company traded hands, compared to its average volume of 2,317,421. The company has a market cap of $63.81 billion, a P/E ratio of 83.50, a PEG ratio of 3.45 and a beta of 0.99. The firm has a fifty day simple moving average of $185.78 and a 200 day simple moving average of $187.24. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06.

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 analysts’ consensus estimates of $1.98 by ($0.77). The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business’s revenue was up 28.9% on a year-over-year basis. During the same quarter in the prior 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, equities analysts forecast that Digital Realty Trust, Inc. will post 8.40 EPS 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 issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.8%. The ex-dividend date was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 236.89%.

Analysts Set New Price Targets

DLR has been the subject of several recent analyst reports. Argus raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price for the company in a report on Wednesday, August 5th. Royal Bank Of Canada increased their price target on Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Evercore reissued an “outperform” rating and set a $240.00 price target on shares of Digital Realty Trust in a report on Tuesday, August 18th. Truist Financial lowered their price objective on Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Finally, BTIG Research boosted their price objective 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. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.69.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, August 27th. The stock was 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 of the company’s stock, valued at $1,226,215.12. The trade was a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.15% of the stock is owned by corporate insiders.

Digital Realty Trust Company 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.