Geode Capital Management LLC Acquires 197,180 Shares of Digital Realty Trust, Inc. $DLR

Geode Capital Management LLC increased its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,234,073 shares of the real estate investment trust’s stock after purchasing an additional 197,180 shares during the period. Geode Capital Management LLC’s holdings in Digital Realty Trust were worth $1,423,373,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pinnacle Wealth Management Advisory Group LLC boosted its stake in Digital Realty Trust by 2.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock valued at $372,000 after acquiring an additional 61 shares in the last quarter. PDS Planning Inc increased its position in shares of Digital Realty Trust by 3.6% during the fourth quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock worth $276,000 after purchasing an additional 62 shares in the last quarter. Clarius Group LLC increased its position in shares of Digital Realty Trust by 3.2% during the fourth quarter. Clarius Group LLC now owns 2,024 shares of the real estate investment trust’s stock worth $313,000 after purchasing an additional 63 shares in the last quarter. Commons Capital LLC lifted its holdings in shares of Digital Realty Trust by 4.6% during the 3rd quarter. Commons Capital LLC now owns 1,463 shares of the real estate investment trust’s stock valued at $253,000 after purchasing an additional 64 shares during the last quarter. Finally, Scotia Capital Inc. lifted its holdings in shares of Digital Realty Trust by 0.9% during the 3rd quarter. Scotia Capital Inc. now owns 7,379 shares of the real estate investment trust’s stock valued at $1,276,000 after purchasing an additional 64 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the company. Mizuho increased their price objective on Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. BNP Paribas Exane increased their price objective on Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Wolfe Research increased their price objective on Digital Realty Trust from $194.00 to $211.00 and gave the company an “outperform” rating in a report on Monday, April 6th. Evercore increased their price objective on Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Finally, Wells Fargo & Company increased their price objective on Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $215.89.

Digital Realty Trust Trading Down 0.0%

Shares of Digital Realty Trust stock opened at $191.65 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. The firm has a fifty day moving average price of $189.71 and a 200 day moving average price of $173.47. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The stock has a market cap of $67.35 billion, a PE ratio of 50.57, a price-to-earnings-growth ratio of 5.21 and a beta of 1.06.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter last year, the company posted $1.77 earnings per share. The firm’s revenue was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Equities research analysts predict that Digital Realty Trust, Inc. will post 8.06 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is 128.76%.

Digital Realty Trust Company 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.