Private Advisory Group LLC acquired a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 55,402 shares of the real estate investment trust’s stock, valued at approximately $8,571,000.
Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Digital Realty Trust by 1.0% in the third 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 last quarter. State Street Corp grew its position in Digital Realty Trust by 1.9% during the 2nd quarter. State Street Corp now owns 20,405,760 shares of the real estate investment trust’s stock valued at $3,557,336,000 after purchasing an additional 376,699 shares during the last quarter. Bank of America Corp DE increased its stake in Digital Realty Trust by 6.6% during the 3rd quarter. Bank of America Corp DE now owns 8,930,551 shares of the real estate investment trust’s stock valued at $1,543,914,000 after purchasing an additional 553,907 shares in the last quarter. APG Asset Management US Inc. raised its holdings 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 worth $1,481,122,000 after buying an additional 23,430 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Digital Realty Trust by 3.0% in the second quarter. Canada Pension Plan Investment Board now owns 7,356,429 shares of the real estate investment trust’s stock worth $1,282,446,000 after buying an additional 211,692 shares in the last quarter. 99.71% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
DLR has been the subject of a number of recent analyst reports. UBS Group set a $189.00 price objective on shares of Digital Realty Trust in a report on Wednesday, January 14th. The Goldman Sachs Group lifted their target price on Digital Realty Trust from $188.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, February 6th. HSBC set a $193.00 price target on Digital Realty Trust and gave the stock a “buy” rating in a research note on Thursday, January 15th. Barclays increased their price objective on Digital Realty Trust from $164.00 to $182.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 18th. Finally, Mizuho reduced their price target on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $194.68.
Digital Realty Trust Trading Up 0.1%
Shares of DLR stock opened at $175.60 on Monday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59. The company has a market cap of $60.34 billion, a price-to-earnings ratio of 48.78, a PEG ratio of 3.88 and a beta of 1.12. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $184.79. The firm has a fifty day moving average price of $173.58 and a 200-day moving average price of $167.69.
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.03. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.Digital Realty Trust’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period last year, the firm earned $1.73 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, equities analysts predict 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 paid 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 (DPR) is 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.
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