Candriam S.C.A. boosted its position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 381.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 126,837 shares of the real estate investment trust’s stock after purchasing an additional 100,505 shares during the period. Candriam S.C.A.’s holdings in Digital Realty Trust were worth $21,928,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Pinnacle Bancorp Inc. purchased a new position in shares of Digital Realty Trust during the 3rd quarter valued at $25,000. South Plains Financial Inc. raised its stake in Digital Realty Trust by 280.5% in the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 115 shares during the period. Tobam purchased a new stake in Digital Realty Trust during the second quarter valued at about $28,000. Salomon & Ludwin LLC bought a new position in Digital Realty Trust during the third quarter worth about $28,000. Finally, First Horizon Corp bought a new position in Digital Realty Trust during the third quarter worth about $31,000. 99.71% of the stock is owned by institutional investors.
Insider Buying and Selling at Digital Realty Trust
In related news, Director Mary Hogan Preusse sold 4,166 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.17% of the company’s stock.
Digital Realty Trust Trading Up 0.2%
Digital Realty Trust (NYSE:DLR – Get Free Report) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, topping the consensus estimate of $1.83 by $0.03. The business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The firm’s revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities research analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
DLR has been the topic of several research reports. Weiss Ratings lowered shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, January 23rd. Jefferies Financial Group lifted their price objective on shares of Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a research note on Friday. Morgan Stanley started coverage on Digital Realty Trust in a research report on Thursday, October 16th. They set an “equal weight” rating and a $195.00 target price on the stock. Stifel Nicolaus cut their price target on Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating for the company in a report on Friday. Finally, Barclays upgraded Digital Realty Trust from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $161.00 to $164.00 in a research note on Tuesday, January 13th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $192.13.
Get Our Latest Stock Report on DLR
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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