Huntington National Bank Grows Stock Holdings in Digital Realty Trust, Inc. $DLR

Huntington National Bank lifted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 6.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 256,603 shares of the real estate investment trust’s stock after purchasing an additional 15,228 shares during the quarter. Huntington National Bank owned about 0.07% of Digital Realty Trust worth $44,361,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ninepoint Partners LP purchased a new stake in shares of Digital Realty Trust in the third quarter worth $1,532,000. Dunhill Financial LLC boosted its stake in Digital Realty Trust by 42.4% in the 3rd quarter. Dunhill Financial LLC now owns 386 shares of the real estate investment trust’s stock worth $67,000 after purchasing an additional 115 shares in the last quarter. Gentry Private Wealth LLC purchased a new stake in Digital Realty Trust during the 3rd quarter valued at about $429,000. Ibex Wealth Advisors increased its stake in Digital Realty Trust by 1.4% during the 3rd quarter. Ibex Wealth Advisors now owns 41,899 shares of the real estate investment trust’s stock valued at $7,243,000 after purchasing an additional 571 shares in the last quarter. Finally, Banco Santander S.A. lifted its stake in shares of Digital Realty Trust by 24.2% in the third quarter. Banco Santander S.A. now owns 2,557 shares of the real estate investment trust’s stock worth $442,000 after buying an additional 498 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on DLR shares. HSBC set a $193.00 price objective on shares of Digital Realty Trust and gave the stock a “buy” rating in a report on Thursday, January 15th. Bank of America reaffirmed a “neutral” rating and set a $170.00 price target (down from $210.00) on shares of Digital Realty Trust in a report on Thursday, January 8th. Mizuho decreased their target price on Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. Truist Financial upped their target price on shares of Digital Realty Trust from $200.00 to $202.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Finally, TD Cowen reiterated a “hold” rating on shares of Digital Realty Trust in a research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $192.33.

Digital Realty Trust Price Performance

NYSE DLR opened at $177.03 on Friday. The company has a 50-day moving average price of $164.77 and a 200-day moving average price of $165.97. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $184.79. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $60.83 billion, a P/E ratio of 49.18, a PEG ratio of 3.90 and a beta of 1.12.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.03. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the previous year, the business posted $1.73 earnings per share. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, March 13th. Digital Realty Trust’s dividend payout ratio is currently 135.56%.

Insider Buying and Selling

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total transaction of $655,811.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

Digital Realty Trust Profile

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.