Stevens Capital Management LP Sells 7,838 Shares of Digital Realty Trust, Inc. $DLR

Stevens Capital Management LP lessened its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 36.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 13,512 shares of the real estate investment trust’s stock after selling 7,838 shares during the quarter. Stevens Capital Management LP’s holdings in Digital Realty Trust were worth $2,090,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in DLR. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Digital Realty Trust by 686.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust’s stock worth $831,123,000 after acquiring an additional 4,195,862 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Digital Realty Trust by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock valued at $8,394,620,000 after acquiring an additional 854,828 shares during the last quarter. Alyeska Investment Group L.P. grew its holdings in shares of Digital Realty Trust by 581.0% during the third quarter. Alyeska Investment Group L.P. now owns 961,121 shares of the real estate investment trust’s stock worth $166,159,000 after purchasing an additional 819,982 shares in the last quarter. Resolution Capital Ltd grew its holdings in shares of Digital Realty Trust by 25.2% during the second quarter. Resolution Capital Ltd now owns 2,967,618 shares of the real estate investment trust’s stock worth $517,345,000 after purchasing an additional 596,420 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Digital Realty Trust by 6.6% in the third quarter. Bank of America Corp DE now owns 8,930,551 shares of the real estate investment trust’s stock worth $1,543,914,000 after purchasing an additional 553,907 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Sanford C. Bernstein lifted their target price on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. UBS Group increased their price target on shares of Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Cantor Fitzgerald restated an “overweight” rating and set a $211.00 price objective on shares of Digital Realty Trust in a research report on Friday, May 1st. JPMorgan Chase & Co. lifted their price objective on shares of Digital Realty Trust from $210.00 to $230.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Finally, Barclays upped their target price on shares of Digital Realty Trust from $182.00 to $189.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 16th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $213.86.

Digital Realty Trust Stock Down 0.9%

Shares of DLR opened at $196.69 on Wednesday. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. 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 stock has a 50 day simple moving average of $185.09 and a two-hundred day simple moving average of $171.00. The firm has a market cap of $68.63 billion, a P/E ratio of 51.90, a P/E/G ratio of 5.40 and a beta of 1.06.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, hitting the consensus estimate of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate 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 was up 16.2% compared to the same quarter last year. During the same period last year, the firm posted $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, analysts forecast that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.76%.

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.