Todd Asset Management LLC lowered its stake in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,945 shares of the real estate investment trust’s stock after selling 2,991 shares during the quarter. Todd Asset Management LLC’s holdings in Digital Realty Trust were worth $13,451,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in DLR. Sunbelt Securities Inc. raised its stake in 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. Harvest Fund Management Co. Ltd increased its stake in shares of Digital Realty Trust by 970.6% in 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 in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Digital Realty Trust during the 3rd quarter valued at $34,000. Colonial Trust Co SC raised its position in shares of Digital Realty Trust by 43.0% during the 3rd quarter. Colonial Trust Co SC now owns 236 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 71 shares during the period. Finally, Root Financial Partners LLC purchased a new position in shares of Digital Realty Trust during the 3rd quarter valued at $44,000. 99.71% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
DLR has been the subject of a number of analyst reports. Mizuho increased their price target on Digital Realty Trust from $180.00 to $217.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Wells Fargo & Company lifted their target price on Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Cantor Fitzgerald reissued an “overweight” rating and issued a $211.00 price target on shares of Digital Realty Trust in a report on Friday, May 1st. Stifel Nicolaus increased their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a report on Friday, April 24th. Finally, Sanford C. Bernstein boosted their target price on shares of Digital Realty Trust from $218.00 to $232.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and an average price target of $215.89.
Digital Realty Trust Stock Performance
Shares of DLR opened at $192.14 on Tuesday. The firm has a market capitalization of $67.52 billion, a P/E ratio of 50.70, a PEG ratio of 5.22 and a beta of 1.06. 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 business has a fifty day moving average of $188.99 and a 200 day moving average of $172.96. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14.
Digital Realty Trust (NYSE:DLR – Get Free Report) last released its quarterly 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 firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.63 billion. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 8.06 EPS for the current year.
Digital Realty Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $1.22 per share. The ex-dividend date is Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. Digital Realty Trust’s payout ratio is 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.
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