USS Investment Management Ltd raised its position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 65,609 shares of the real estate investment trust’s stock after purchasing an additional 3,349 shares during the quarter. USS Investment Management Ltd’s holdings in Digital Realty Trust were worth $10,152,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in DLR. Sunbelt Securities Inc. grew its stake 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 valued at $28,000 after purchasing an additional 125 shares during the period. Harvest Fund Management Co. Ltd grew its stake in shares of Digital Realty Trust by 970.6% during 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 period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Digital Realty Trust during the 3rd quarter valued at about $34,000. MCF Advisors LLC bought a new stake in shares of Digital Realty Trust during the 4th quarter valued at about $35,000. Finally, Hantz Financial Services Inc. grew its stake in shares of Digital Realty Trust by 157.4% during the 4th quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 148 shares during the period. 99.71% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on DLR. Barclays boosted their price target on Digital Realty Trust from $182.00 to $189.00 and gave the company an “equal weight” rating in a research note on Thursday, April 16th. TD Cowen boosted their price objective on Digital Realty Trust from $185.00 to $192.00 and gave the company a “hold” rating in a research note on Friday, April 24th. HSBC downgraded Digital Realty Trust from a “buy” rating to a “hold” rating and boosted their price objective for the company from $193.00 to $210.00 in a research note on Monday, April 27th. Weiss Ratings upgraded Digital Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th. Finally, Scotiabank boosted their price objective on Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research note on Monday, April 27th. 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 stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $215.89.
Digital Realty Trust Stock Up 0.2%
NYSE DLR opened at $184.49 on Tuesday. The stock’s 50 day moving average is $191.59 and its 200 day moving average is $175.55. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month high of $208.14. The stock has a market cap of $64.83 billion, a PE ratio of 48.68, a P/E/G ratio of 5.01 and a beta of 1.03.
Digital Realty Trust (NYSE:DLR – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, hitting analysts’ consensus estimates of $0.46. The company had revenue of $1.64 billion for the quarter, compared to analysts’ expectations 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 firm earned $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Research analysts predict 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 will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. Digital Realty Trust’s dividend payout ratio is 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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