Digital Realty Trust, Inc. $DLR Shares Bought by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC lifted its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 618.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 10,678 shares of the real estate investment trust’s stock after purchasing an additional 9,192 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Digital Realty Trust were worth $1,924,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. Bison Wealth LLC grew its holdings in Digital Realty Trust by 17.2% during the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after acquiring an additional 390 shares during the period. Empowered Funds LLC lifted its holdings in Digital Realty Trust by 9.4% in 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 period. NewEdge Advisors LLC boosted its position in shares of Digital Realty Trust by 23.0% during the 2nd quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock worth $3,790,000 after purchasing an additional 4,069 shares in the last quarter. Treasurer of the State of North Carolina grew its stake in shares of Digital Realty Trust by 3.9% during the 2nd quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock worth $27,469,000 after purchasing an additional 5,909 shares during the period. Finally, Peapack Gladstone Financial Corp increased its holdings in shares of Digital Realty Trust by 0.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock valued at $4,816,000 after purchasing an additional 231 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $173.09 on Monday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. The company’s 50-day moving average price is $189.88 and its 200 day moving average price is $178.27. 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 cap of $60.82 billion, a price-to-earnings ratio of 45.67, a PEG ratio of 4.71 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the previous year, the business posted $1.77 earnings per share. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, research analysts forecast that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s payout ratio is currently 128.76%.

Analyst Ratings Changes

Several analysts recently commented on DLR shares. Sanford C. Bernstein raised their price objective on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Wells Fargo & Company increased their target price on shares of Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. TD Cowen lifted their price target on shares of Digital Realty Trust from $185.00 to $192.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Barclays upped 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. Finally, Wolfe Research raised their price objective on Digital Realty Trust from $194.00 to $211.00 and gave the company an “outperform” rating in a research note on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.81.

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.