Pacer Advisors Inc. lessened its stake in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 2.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 387,442 shares of the real estate investment trust’s stock after selling 10,141 shares during the period. Pacer Advisors Inc.’s holdings in Digital Realty Trust were worth $59,941,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DLR. Sunbelt Securities Inc. grew its stake in shares of 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 valued at $28,000 after purchasing an additional 125 shares during the last quarter. Harvest Fund Management Co. Ltd lifted its holdings in shares of Digital Realty Trust by 970.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 165 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Digital Realty Trust during the third quarter worth $34,000. MCF Advisors LLC purchased a new position in Digital Realty Trust in the 4th quarter valued at $35,000. Finally, Colonial Trust Co SC increased its stake in Digital Realty Trust by 43.0% in the 3rd quarter. Colonial Trust Co SC now owns 236 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 71 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts have commented on DLR shares. JPMorgan Chase & Co. upped their price objective on shares of Digital Realty Trust from $210.00 to $230.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Jefferies Financial Group boosted their price target on shares of Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Stifel Nicolaus increased their price target on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Wells Fargo & Company raised their price objective on shares of 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, Citigroup reaffirmed an “outperform” rating on shares of Digital Realty Trust in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $215.89.
Digital Realty Trust Price Performance
Shares of NYSE DLR opened at $188.15 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The firm has a market capitalization of $66.12 billion, a P/E ratio of 49.64, a PEG ratio of 5.08 and a beta of 1.02. The company’s fifty day moving average is $191.97 and its two-hundred day moving average is $176.16.
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced its quarterly earnings results 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. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter last year, the firm posted $1.77 EPS. The business’s revenue was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Analysts forecast that Digital Realty Trust, Inc. will post 8.05 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, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.76%.
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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