Pensionfund PDN Invests $6.80 Million in Digital Realty Trust, Inc. $DLR

Pensionfund PDN bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 43,919 shares of the real estate investment trust’s stock, valued at approximately $6,795,000. Digital Realty Trust comprises approximately 4.5% of Pensionfund PDN’s investment portfolio, making the stock its 6th biggest position.

A number of other hedge funds have also added to or reduced their stakes in DLR. Pinnacle Bancorp Inc. bought a new stake in Digital Realty Trust during the 3rd quarter worth about $25,000. South Plains Financial Inc. boosted its stake in shares of Digital Realty Trust by 280.5% during the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 115 shares during the last quarter. Salomon & Ludwin LLC bought a new position in shares of Digital Realty Trust in the 3rd quarter valued at about $28,000. Sunbelt Securities Inc. increased its position in shares of Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 125 shares during the last quarter. Finally, First Horizon Corp acquired a new stake in shares of Digital Realty Trust in the third quarter valued at about $31,000. Institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on DLR shares. Moffett Nathanson increased their price target on Digital Realty Trust from $166.00 to $172.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Jefferies Financial Group upped their price objective on Digital Realty Trust from $184.00 to $189.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Sanford C. Bernstein initiated coverage on Digital Realty Trust in a report on Thursday, March 5th. They issued an “outperform” rating and a $218.00 price objective for the company. Scotiabank decreased their target price on shares of Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating for the company in a research note on Wednesday, January 14th. Finally, Citigroup lowered their target price on shares of Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $194.68.

Digital Realty Trust Stock Performance

DLR opened at $176.61 on Tuesday. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month high of $184.79. The stock has a market cap of $60.68 billion, a price-to-earnings ratio of 49.06, a PEG ratio of 3.83 and a beta of 1.12. The business has a 50 day moving average of $172.43 and a 200-day moving average of $167.41. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.03. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period in the previous year, the firm earned $1.73 EPS. The firm’s 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. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

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

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.