Hsbc Holdings PLC Buys 97,040 Shares of Digital Realty Trust, Inc. $DLR

Hsbc Holdings PLC lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 7.2% in the 1st quarter, Holdings Channel reports. The fund owned 1,451,241 shares of the real estate investment trust’s stock after acquiring an additional 97,040 shares during the quarter. Hsbc Holdings PLC’s holdings in Digital Realty Trust were worth $261,873,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in DLR. Sunbelt Securities Inc. boosted its stake in Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 125 shares during the period. Bell Investment Advisors Inc raised its stake in shares of Digital Realty Trust by 56.9% in the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 62 shares during the period. Harvest Fund Management Co. Ltd raised its stake in shares of Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 165 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Digital Realty Trust in the third quarter valued at about $34,000. Finally, MCF Advisors LLC acquired a new position in shares of Digital Realty Trust during the fourth quarter worth about $35,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $173.86 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 business has a 50-day moving average of $185.62 and a 200-day moving average of $179.77. The stock has a market capitalization of $61.10 billion, a price-to-earnings ratio of 45.87, a PEG ratio of 4.72 and a beta of 1.03. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14.

Digital Realty Trust (NYSE:DLR) last released 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 return on equity of 6.05% and a net margin of 21.73%.The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the company posted $1.77 earnings per share. Digital Realty Trust’s revenue was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, sell-side analysts predict that Digital Realty Trust, Inc. will post 8.06 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $1.22 per share. The ex-dividend date was Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio is currently 128.76%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on DLR shares. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a report on Wednesday. Sanford C. Bernstein boosted their target price on Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Morgan Stanley upped their price target on Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Citigroup reaffirmed an “outperform” rating on shares of Digital Realty Trust in a research note on Monday, April 27th. Finally, Scotiabank boosted their price objective on shares of Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average price target of $216.17.

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.