Digital Realty Trust Inc (NYSE: DLR) is 11.07% higher on its value in year-to-date trading and has touched a low of $86.33 and a high of $154.18 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DLR stock was last observed hovering at around $151.51 in the last trading session, with the day’s loss setting it -2.03%.
Currently trading at $149.48, the stock is 3.96% and 6.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.13 million and changing -1.34% at the moment leaves the stock 18.40% off its SMA200. DLR registered 41.30% gain for a year compared to 6-month gain of 13.41%. The firm has a 50-day simple moving average (SMA 50) of $11.82 and a 200-day simple moving average (SMA200) of $20.50.
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The stock witnessed a 2.76% loss in the last 1 month and extending the period to 3 months gives it a 10.33%, and is -0.74% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.49% over the week and 2.80% over the month.
Digital Realty Trust Inc (DLR) has around 3664 employees, a market worth around $46.68B and $5.48B in sales. Current P/E ratio is 50.75 and Fwd P/E is 113.91. Profit margin for the company is 16.58%. Distance from 52-week low is 73.15% and -3.05% from its 52-week high. The company has generated returns on investments over the last 12 months (2.44%).
Digital Realty Trust Inc quarterly earnings per share for the current quarter are estimated at $0.25 with sales reaching $1.37B over the same period.The EPS is expected to shrink by -60.72% this year, but quarterly earnings will post 2.50% year-over-year. Quarterly sales are estimated to grow 2.30% in year-over-year returns.
Digital Realty Trust Inc (DLR) Top Institutional Holders
1,456 institutions hold shares in Digital Realty Trust Inc (DLR), with institutional investors hold 102.82% of the company’s shares. The shares outstanding are 312.29M, and float is at 311.89M with Short Float at 3.69%. Institutions hold 102.66% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 46.42 million shares valued at $5.29 billion. The investor’s holdings represent 15.33% of the DLR Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 30.82 million shares valued at $3.51 billion to account for 10.18% of the shares outstanding. The other top investors are Cohen & Steers Inc. which holds 29.86 million shares representing 9.86% and valued at over $3.4 billion, while State Street Corporation holds 6.80% of the shares totaling 20.6 million with a market value of $2.35 billion.
Digital Realty Trust Inc (DLR) Insider Activity
The most recent transaction is an insider sale by Fiedelman Cindy,the company’sCHIEF HUMAN RESOURCES OFFICER. SEC filings show that Fiedelman Cindy sold 2,770 shares of the company’s common stock on Jul 28 ’23 at a price of $125.00 per share for a total of $0.35 million. Following the sale, the insider now owns 0.0 shares.
Digital Realty Trust Inc disclosed in a document filed with the SEC on Jun 12 ’23 that Olson Peter C. (CHIEF ACCOUNTING OFFICER) sold a total of 700 shares of the company’s common stock. The trade occurred on Jun 12 ’23 and was made at $105.67 per share for $73969.0. Following the transaction, the insider now directly holds 7134.0 shares of the DLR stock.
Still, SEC filings show that on May 15 ’23, MANDEVILLE JEAN F H P (Director) disposed off 1,500 shares at an average price of $97.47 for $0.15 million. The insider now directly holds 10,176 shares of Digital Realty Trust Inc (DLR).
