Adell Harriman & Carpenter Inc. boosted its holdings in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 11.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 42,505 shares of the real estate investment trust’s stock after buying an additional 4,218 shares during the quarter. Adell Harriman & Carpenter Inc.’s holdings in Digital Realty Trust were worth $7,660,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sunbelt Securities Inc. lifted its holdings in shares of Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares during the period. Bell Investment Advisors Inc increased its position in Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 62 shares during the last quarter. Harvest Fund Management Co. Ltd boosted its holdings in shares of Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 165 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Digital Realty Trust during the 3rd quarter valued at $34,000. Finally, MCF Advisors LLC acquired a new stake in shares of Digital Realty Trust during the 4th quarter worth $35,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.
Wall Street Analyst Weigh In
DLR has been the topic of a number of research analyst reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $215.00 target price on shares of Digital Realty Trust in a report on Friday, April 24th. UBS Group raised their price objective on Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Evercore lifted their price objective on Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a research note on Tuesday, April 21st. BTIG Research initiated coverage on Digital Realty Trust in a report on Friday. They set a “buy” rating and a $215.00 target price for the company. Finally, BNP Paribas Exane increased their target price on shares of Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $216.75.
Digital Realty Trust Price Performance
Shares of NYSE DLR opened at $173.53 on Wednesday. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The business has a 50-day moving average of $186.95 and a 200-day moving average of $179.52. 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 $60.98 billion, a price-to-earnings ratio of 45.79, a PEG ratio of 4.83 and a beta of 1.03.
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. The business 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 company’s revenue was up 16.2% on a year-over-year basis. During the same period last year, the business posted $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, equities analysts anticipate that Digital Realty Trust, Inc. will post 8.05 EPS for the current fiscal year.
Digital Realty Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $1.22 per share. The ex-dividend date was Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.76%.
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.
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