ProShare Advisors LLC Buys 8,463 Shares of Digital Realty Trust, Inc. $DLR

ProShare Advisors LLC raised its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 13.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 73,782 shares of the real estate investment trust’s stock after purchasing an additional 8,463 shares during the quarter. ProShare Advisors LLC’s holdings in Digital Realty Trust were worth $12,755,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Bison Wealth LLC boosted its position in Digital Realty Trust by 17.2% during the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after buying an additional 390 shares during the period. Empowered Funds LLC raised its stake in shares of Digital Realty Trust by 9.4% during the first quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock valued at $972,000 after acquiring an additional 584 shares during the last quarter. Callan Family Office LLC purchased a new stake in shares of Digital Realty Trust during the second quarter worth about $795,000. Blue Trust Inc. grew its stake in shares of Digital Realty Trust by 35.7% in the second quarter. Blue Trust Inc. now owns 2,231 shares of the real estate investment trust’s stock worth $389,000 after purchasing an additional 587 shares during the last quarter. Finally, Apollon Wealth Management LLC increased its holdings in Digital Realty Trust by 2.0% during the 2nd quarter. Apollon Wealth Management LLC now owns 10,207 shares of the real estate investment trust’s stock valued at $1,779,000 after purchasing an additional 198 shares during the period. Institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Scotiabank cut their price objective on Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, January 14th. Truist Financial lifted their price target on shares of Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Bank of America restated a “neutral” rating and issued a $170.00 price objective (down from $210.00) on shares of Digital Realty Trust in a report on Thursday, January 8th. Jefferies Financial Group lifted their target price on shares of Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, Weiss Ratings lowered shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $192.13.

Digital Realty Trust Trading Up 0.2%

Digital Realty Trust stock opened at $172.46 on Wednesday. Digital Realty Trust, Inc. has a 12 month low of $129.95 and a 12 month high of $182.48. The company has a market capitalization of $59.24 billion, a price-to-earnings ratio of 47.91, a price-to-earnings-growth ratio of 3.81 and a beta of 1.12. The business’s fifty day simple moving average is $159.20 and its two-hundred day simple moving average is $165.43. The company has a current ratio of 1.59, a quick ratio of 2.02 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.03. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.Digital Realty Trust’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.73 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total transaction of $655,811.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.17% of the company’s stock.

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.