Cbre Investment Management Listed Real Assets LLC Sells 534,998 Shares of Digital Realty Trust, Inc. $DLR

Cbre Investment Management Listed Real Assets LLC lowered its position in Digital Realty Trust, Inc. (NYSE:DLR) by 56.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 420,700 shares of the real estate investment trust’s stock after selling 534,998 shares during the quarter. Cbre Investment Management Listed Real Assets LLC’s holdings in Digital Realty Trust were worth $72,731,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings 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 valued at $9,232,748,000 after purchasing an additional 512,974 shares during the period. Norges Bank bought a new position in Digital Realty Trust during the second quarter worth about $3,808,270,000. State Street Corp increased its position in Digital Realty Trust by 1.9% during 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 buying an additional 376,699 shares during the last quarter. Geode Capital Management LLC increased its position in Digital Realty Trust by 2.3% during the second quarter. Geode Capital Management LLC now owns 8,850,818 shares of the real estate investment trust’s stock worth $1,536,795,000 after buying an additional 196,579 shares during the last quarter. Finally, APG Asset Management US Inc. raised its stake in Digital Realty Trust by 0.3% in the third quarter. APG Asset Management US Inc. now owns 8,638,801 shares of the real estate investment trust’s stock valued at $1,481,122,000 after buying an additional 23,430 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DLR has been the topic of a number of recent analyst reports. Moffett Nathanson boosted their target price on Digital Realty Trust from $166.00 to $172.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. HSBC set a $193.00 price target on Digital Realty Trust and gave the company a “buy” rating in a report on Thursday, January 15th. The Goldman Sachs Group upped their price objective on shares of Digital Realty Trust from $188.00 to $190.00 and gave the company a “buy” rating in a report on Friday, February 6th. Bank of America reissued a “neutral” rating and issued a $170.00 price objective (down from $210.00) on shares of Digital Realty Trust in a research report on Thursday, January 8th. Finally, KeyCorp restated a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $193.36.

Digital Realty Trust Stock Down 0.1%

Shares of NYSE DLR opened at $180.60 on Thursday. The stock has a market capitalization of $62.06 billion, a P/E ratio of 50.17, a PEG ratio of 4.00 and a beta of 1.12. The stock’s fifty day moving average is $168.75 and its 200 day moving average is $166.70. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $184.79. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, topping 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 business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the prior year, the business posted $1.73 earnings per share. Digital Realty Trust’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. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a dividend of $1.22 per share. The ex-dividend date is Friday, March 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.

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.