Digital Realty Trust, Inc. $DLR Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lessened its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 30.2% in the 4th quarter, Holdings Channel reports. The firm owned 50,761 shares of the real estate investment trust’s stock after selling 22,011 shares during the period. HighTower Advisors LLC’s holdings in Digital Realty Trust were worth $7,853,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DLR. Bison Wealth LLC grew its stake in Digital Realty Trust by 17.2% during the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after acquiring an additional 390 shares in the last quarter. Empowered Funds LLC grew its stake in Digital Realty Trust by 9.4% during the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock valued at $972,000 after acquiring an additional 584 shares in the last quarter. NewEdge Advisors LLC grew its stake in Digital Realty Trust by 23.0% during the 2nd quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock valued at $3,790,000 after acquiring an additional 4,069 shares in the last quarter. Treasurer of the State of North Carolina grew its stake in Digital Realty Trust by 3.9% during the 2nd quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock valued at $27,469,000 after acquiring an additional 5,909 shares in the last quarter. Finally, Peapack Gladstone Financial Corp grew its stake in Digital Realty Trust by 0.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock valued at $4,816,000 after acquiring an additional 231 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $193.86 on Wednesday. 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 firm has a market capitalization of $68.12 billion, a price-to-earnings ratio of 51.15, a PEG ratio of 5.22 and a beta of 1.06. The company’s 50-day moving average is $189.28 and its two-hundred day moving average is $173.15. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. The company had revenue of $1.64 billion for 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%. Digital Realty Trust’s revenue was up 16.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Analysts forecast 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. Shareholders of record on Monday, June 15th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.5%. The ex-dividend date is Monday, June 15th. Digital Realty Trust’s payout ratio is presently 128.76%.

Wall Street Analysts Forecast Growth

DLR has been the subject of several research reports. Sanford C. Bernstein upped their price objective on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $215.00 price objective on shares of Digital Realty Trust in a research note on Friday, April 24th. Weiss Ratings raised shares of Digital Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th. Wells Fargo & Company upped their price objective on shares of Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Finally, Jefferies Financial Group upped their price objective on shares of Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $215.89.

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.