In Q2, KCM Investment Advisors increased stake in Digital Realty Trust (DLR) while the company reported disappointing earnings and revenue.

In Q2, KCM Investment Advisors increased its stake in Digital Realty Trust, Inc. (NYSE: DLR) by 4.9%, holding 2,901 shares. The company reported earnings of $0.20 per share, significantly below the $1.63 estimate, and revenue of $1.36 billion, missing expectations. Digital Realty Trust declared a quarterly dividend of $1.22, yielding 3.22%. Analysts rate the stock as "Hold," with a target price of $154. The firm has a market cap of $47.37 billion.

August 31, 2024
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