Clearbridge Investments LLC Acquires 40,438 Shares of Digital Realty Trust, Inc. $DLR

Clearbridge Investments LLC increased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 60.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 107,872 shares of the real estate investment trust’s stock after acquiring an additional 40,438 shares during the quarter. Clearbridge Investments LLC’s holdings in Digital Realty Trust were worth $16,689,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of DLR. Norges Bank bought a new position in shares of Digital Realty Trust during the fourth quarter worth approximately $3,402,995,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Digital Realty Trust by 686.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust’s stock worth $831,123,000 after purchasing an additional 4,195,862 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Digital Realty Trust by 5,759.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,357,805 shares of the real estate investment trust’s stock valued at $210,066,000 after acquiring an additional 1,334,632 shares during the period. Vanguard Group Inc. boosted its position in shares of Digital Realty Trust by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock valued at $8,394,620,000 after acquiring an additional 854,828 shares during the period. Finally, Alyeska Investment Group L.P. boosted its position in shares of Digital Realty Trust by 581.0% in the third quarter. Alyeska Investment Group L.P. now owns 961,121 shares of the real estate investment trust’s stock valued at $166,159,000 after acquiring an additional 819,982 shares during the period. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

DLR has been the topic of several recent research reports. Scotiabank raised their target price on shares of Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a report on Monday, April 27th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $215.00 target price on shares of Digital Realty Trust in a report on Friday, April 24th. BMO Capital Markets upped their target price on Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research report on Monday, April 20th. Wells Fargo & Company upped their target price on Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Finally, HSBC downgraded Digital Realty Trust from a “buy” rating to a “hold” rating and upped their target price for the company from $193.00 to $210.00 in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $215.89.

Digital Realty Trust Price Performance

Shares of DLR opened at $180.97 on Thursday. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. 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 company has a market capitalization of $63.59 billion, a price-to-earnings ratio of 47.75, a price-to-earnings-growth ratio of 5.02 and a beta of 1.02. The business has a 50-day moving average of $191.41 and a 200-day moving average of $175.00.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The firm’s revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, equities research analysts anticipate that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $1.22 dividend. The ex-dividend date is Monday, June 15th. This represents a $4.88 annualized dividend and a yield of 2.7%. Digital Realty Trust’s dividend payout ratio is presently 128.76%.

About Digital Realty Trust

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.