Envestnet Portfolio Solutions Inc. Raises Stock Position in Digital Realty Trust, Inc. $DLR

Envestnet Portfolio Solutions Inc. boosted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 14,485.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 420,198 shares of the real estate investment trust’s stock after purchasing an additional 417,317 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Digital Realty Trust were worth $75,459,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Gables Capital Management Inc. purchased a new stake in Digital Realty Trust during the second quarter valued at $29,000. Bell Investment Advisors Inc boosted its position in Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 62 shares during the last quarter. Solstein Capital LLC bought a new stake in shares of Digital Realty Trust during the 2nd quarter valued at about $32,000. Danske Bank A S purchased a new stake in shares of Digital Realty Trust during the 2nd quarter valued at about $39,000. Finally, MCF Advisors LLC purchased a new stake in shares of Digital Realty Trust during the 4th quarter valued at about $35,000. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on DLR shares. Evercore reissued an “outperform” rating and issued a $240.00 price objective on shares of Digital Realty Trust in a report on Tuesday, August 18th. Barclays increased their price target on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 1st. Royal Bank Of Canada lifted their price target on shares of Digital Realty Trust from $207.00 to $227.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. HSBC raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and boosted their price objective for the company from $210.00 to $240.00 in a research report on Thursday, August 13th. Finally, BTIG Research upped their price objective on Digital Realty Trust from $215.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. One equities 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 company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $219.84.

Digital Realty Trust Price Performance

Shares of DLR traded down $4.51 during trading hours on Wednesday, reaching $181.14. 1,571,093 shares of the stock traded hands, compared to its average volume of 2,369,543. The company has a market cap of $67.20 billion, a P/E ratio of 87.93, a price-to-earnings-growth ratio of 3.57 and a beta of 1.02. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The company’s 50-day moving average price is $188.18 and its two-hundred day moving average price is $187.21. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued 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 business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The company’s quarterly revenue was up 28.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, analysts anticipate that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $1.22 per share. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 236.89%.

Insider Transactions at Digital Realty Trust

In related 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 transaction of $38,792.00. Following the sale, the director owned 6,322 shares of the company’s stock, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.15% of the company’s stock.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers around the world. The company provides the physical infrastructure businesses need to house information technology equipment, cloud-computing resources and critical digital systems.

Its services include data center colocation, hyperscale facilities, interconnection and related infrastructure solutions. Through its PlatformDIGITAL offering, Digital Realty helps customers connect to cloud providers, network operators, internet service providers, enterprises and other digital ecosystems.