ProShare Advisors LLC Decreases Stock Holdings in Digital Realty Trust, Inc. $DLR

ProShare Advisors LLC cut its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 2.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 65,319 shares of the real estate investment trust’s stock after selling 1,303 shares during the period. ProShare Advisors LLC’s holdings in Digital Realty Trust were worth $11,387,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DLR. Bison Wealth LLC increased its stake in Digital Realty Trust by 17.2% in the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after purchasing an additional 390 shares in the last quarter. Alps Advisors Inc. grew its holdings in Digital Realty Trust by 8.6% in the first quarter. Alps Advisors Inc. now owns 1,812 shares of the real estate investment trust’s stock valued at $260,000 after purchasing an additional 144 shares during the last quarter. Apollon Wealth Management LLC increased its position in shares of Digital Realty Trust by 8.4% in the first quarter. Apollon Wealth Management LLC now owns 10,009 shares of the real estate investment trust’s stock valued at $1,434,000 after buying an additional 774 shares in the last quarter. Dakota Wealth Management purchased a new position in shares of Digital Realty Trust in the first quarter valued at $911,000. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Digital Realty Trust by 2.7% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,444,363 shares of the real estate investment trust’s stock worth $206,963,000 after buying an additional 38,568 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 2.7%

Shares of NYSE DLR opened at $163.98 on Thursday. The firm has a market cap of $56.33 billion, a P/E ratio of 42.37, a price-to-earnings-growth ratio of 4.13 and a beta of 0.96. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.22 and a current ratio of 2.02. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $198.00. The firm’s 50 day moving average price is $171.63 and its 200 day moving average price is $171.15.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, October 23rd. The real estate investment trust reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.11. Digital Realty Trust had a return on equity of 6.41% and a net margin of 23.67%.The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the prior year, the company posted $1.67 EPS. The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2025 guidance at 7.320-7.380 EPS. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Monday, December 15th will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Monday, December 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 126.10%.

Insider Buying and Selling

In other Digital Realty Trust news, CEO Andrew Power sold 53,269 shares of Digital Realty Trust stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $175.16, for a total value of $9,330,598.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.13% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. TD Cowen raised their target price on shares of Digital Realty Trust from $163.00 to $179.00 and gave the company a “hold” rating in a report on Friday, October 24th. Wells Fargo & Company increased their price target on shares of Digital Realty Trust from $185.00 to $195.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Morgan Stanley began coverage on Digital Realty Trust in a research report on Thursday, October 16th. They set an “equal weight” rating and a $195.00 price objective for the company. Stifel Nicolaus set a $210.00 target price on Digital Realty Trust in a research note on Friday, October 24th. Finally, Moffett Nathanson raised their price target on Digital Realty Trust from $163.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $198.14.

Digital Realty Trust Profile

Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.