Digital Realty Trust's Q3 earnings missed estimates, but major investors increased stakes, and a $1.22 dividend was declared.

Chase Investment Counsel Corp and other major investors increased their stakes in Digital Realty Trust, Inc. (DLR), which reported Q3 earnings of $0.09 EPS and $1.43 billion in revenue, falling short of analyst estimates. Despite this, the company saw a 2.1% year-over-year revenue increase and declared a $1.22 quarterly dividend. Analysts gave DLR an average "Hold" rating with a price target of $169.47.

November 13, 2024
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