Intech Investment Management LLC Has $1.78 Million Holdings in Digital Realty Trust, Inc. $DLR

Intech Investment Management LLC lessened its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 56.4% in the third quarter, HoldingsChannel reports. The fund owned 10,310 shares of the real estate investment trust’s stock after selling 13,355 shares during the period. Intech Investment Management LLC’s holdings in Digital Realty Trust were worth $1,782,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently made changes to their positions in DLR. Vanguard Group Inc. lifted its holdings in Digital Realty Trust by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 53,405,531 shares of the real estate investment trust’s stock worth $9,232,748,000 after purchasing an additional 512,974 shares during the last quarter. Norges Bank acquired a new stake in shares of Digital Realty Trust during the second quarter worth $3,808,270,000. State Street Corp boosted its position in shares of Digital Realty Trust by 1.9% in the second quarter. State Street Corp now owns 20,405,760 shares of the real estate investment trust’s stock valued at $3,557,336,000 after acquiring an additional 376,699 shares during the period. Geode Capital Management LLC grew its stake in shares of Digital Realty Trust by 2.3% in the second quarter. Geode Capital Management LLC now owns 8,850,818 shares of the real estate investment trust’s stock valued at $1,536,795,000 after acquiring an additional 196,579 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its position in Digital Realty Trust by 3.0% during the second quarter. Canada Pension Plan Investment Board now owns 7,356,429 shares of the real estate investment trust’s stock worth $1,282,446,000 after acquiring an additional 211,692 shares during the period. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on DLR shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Digital Realty Trust in a research report on Monday, January 5th. They set a “buy” rating and a $180.00 target price on the stock. UBS Group set a $189.00 price target on Digital Realty Trust in a research report on Wednesday, January 14th. Citigroup dropped their price objective on Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating for the company in a report on Friday, February 6th. Stifel Nicolaus reduced their target price on Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Finally, BMO Capital Markets raised their price target on Digital Realty Trust from $195.00 to $205.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Digital Realty Trust has an average rating of “Moderate Buy” and a consensus price target of $192.33.

Digital Realty Trust Trading Up 2.5%

DLR opened at $182.57 on Thursday. The company has a market cap of $62.73 billion, a P/E ratio of 50.71, a PEG ratio of 3.94 and a beta of 1.12. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. The company’s 50 day moving average is $166.33 and its 200-day moving average is $166.21. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $184.79.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, beating the consensus estimate of $1.83 by $0.03. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the firm earned $1.73 EPS. The firm’s revenue was up 13.8% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. Digital Realty Trust’s dividend payout ratio (DPR) is 135.56%.

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.