Security National Bank of Sioux City Iowa IA Has $3.03 Million Stock Holdings in Digital Realty Trust, Inc. $DLR

by · The Cerbat Gem

Security National Bank of Sioux City Iowa IA grew its stake in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 24.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,851 shares of the real estate investment trust’s stock after purchasing an additional 3,307 shares during the period. Digital Realty Trust comprises about 1.2% of Security National Bank of Sioux City Iowa IA’s holdings, making the stock its 21st biggest holding. Security National Bank of Sioux City Iowa IA’s holdings in Digital Realty Trust were worth $3,026,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of DLR. Reynders McVeigh Capital Management LLC acquired a new stake in Digital Realty Trust during the 2nd quarter worth about $926,000. Sequoia Financial Advisors LLC boosted its holdings in shares of Digital Realty Trust by 5.4% in the second quarter. Sequoia Financial Advisors LLC now owns 35,551 shares of the real estate investment trust’s stock worth $6,384,000 after buying an additional 1,806 shares during the period. National Pension Service increased its position in shares of Digital Realty Trust by 1.7% in the second quarter. National Pension Service now owns 578,303 shares of the real estate investment trust’s stock worth $103,852,000 after acquiring an additional 9,843 shares in the last quarter. BlueCrest Capital Management Ltd acquired a new stake in shares of Digital Realty Trust during the second quarter valued at approximately $32,345,000. Finally, WINTON GROUP Ltd acquired a new stake in shares of Digital Realty Trust during the second quarter valued at approximately $9,482,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Mark Patterson sold 200 shares of the firm’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $193.96, for a total transaction of $38,792.00. Following the completion of the sale, the director directly owned 6,322 shares of the company’s stock, valued at $1,226,215.12. This trade represents a 3.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.15% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have weighed in on DLR. JPMorgan Chase & Co. lifted their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. BTIG Research increased their target price on Digital Realty Trust from $215.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, September 10th. Mizuho set a $223.00 target price on Digital Realty Trust in a research report on Monday, August 10th. Citigroup reissued a “market outperform” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Finally, Weiss Ratings downgraded Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $219.61.

View Our Latest Research Report on Digital Realty Trust

Digital Realty Trust Stock Down 1.1%

DLR stock traded down $2.06 during midday trading on Friday, reaching $182.19. The company had a trading volume of 4,556,057 shares, compared to its average volume of 2,382,476. The company has a 50 day moving average of $187.71 and a two-hundred day moving average of $187.10. The company has a market capitalization of $67.59 billion, a P/E ratio of 88.44, a PEG ratio of 3.47 and a beta of 1.02. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLRGet Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the prior year, the firm earned $1.87 earnings per share. The company’s revenue was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is presently 236.89%.

Digital Realty Trust Company Profile

(Free Report)

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.

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