Digital Realty Trust, Inc. $DLR Stock Position Lessened by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. reduced its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 39.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,966 shares of the real estate investment trust’s stock after selling 3,885 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Digital Realty Trust were worth $1,031,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DLR. Vanguard Group Inc. lifted its stake in shares of Digital Realty Trust by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 53,405,531 shares of the real estate investment trust’s stock worth $9,232,748,000 after acquiring an additional 512,974 shares during the period. Norges Bank bought a new stake in Digital Realty Trust during the second quarter worth approximately $3,808,270,000. State Street Corp lifted its position in Digital Realty Trust by 1.9% in the second quarter. State Street Corp now owns 20,405,760 shares of the real estate investment trust’s stock worth $3,557,336,000 after purchasing an additional 376,699 shares during the period. Geode Capital Management LLC boosted its stake in Digital Realty Trust by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 8,850,818 shares of the real estate investment trust’s stock valued at $1,536,795,000 after purchasing an additional 196,579 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its position in shares of Digital Realty Trust by 3.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 7,356,429 shares of the real estate investment trust’s stock valued at $1,282,446,000 after purchasing an additional 211,692 shares during the period. Institutional investors own 99.71% of the company’s stock.

Insider Buying and Selling at Digital Realty Trust

In related news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on DLR shares. Scotiabank decreased their target price on 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. Raymond James Financial reduced their price objective on shares of Digital Realty Trust from $205.00 to $195.00 and set a “strong-buy” rating for the company in a research report on Wednesday, February 11th. BMO Capital Markets boosted their target price on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock an “outperform” rating in a report on Tuesday, February 17th. Jefferies Financial Group raised their target price on shares of Digital Realty Trust from $184.00 to $189.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, TD Cowen reissued a “hold” rating on shares of Digital Realty Trust in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $192.33.

Digital Realty Trust Stock Up 0.8%

Shares of Digital Realty Trust stock opened at $179.64 on Thursday. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $184.79. The company has a market cap of $61.72 billion, a P/E ratio of 49.90, a P/E/G ratio of 3.94 and a beta of 1.12. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. The stock has a 50-day moving average price of $163.66 and a 200 day moving average price of $165.84.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating 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 company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the company earned $1.73 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s payout ratio is currently 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.