Focus Partners Wealth Boosts Stock Holdings in Digital Realty Trust, Inc. $DLR

Focus Partners Wealth boosted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 28.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 240,342 shares of the real estate investment trust’s stock after buying an additional 53,562 shares during the period. Focus Partners Wealth’s holdings in Digital Realty Trust were worth $39,840,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Sunbelt Securities Inc. grew its position in shares of Digital Realty Trust by 347.2% in the third 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 in the last quarter. Harvest Fund Management Co. Ltd grew its position in shares of Digital Realty Trust by 970.6% in the third 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 in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Digital Realty Trust in the third quarter valued at approximately $34,000. MCF Advisors LLC purchased a new stake in shares of Digital Realty Trust in the fourth quarter valued at approximately $35,000. Finally, Colonial Trust Co SC grew its position in shares of Digital Realty Trust by 43.0% in the third quarter. Colonial Trust Co SC now owns 236 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 71 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DLR shares. Cantor Fitzgerald restated an “overweight” rating and issued a $211.00 price target on shares of Digital Realty Trust in a research report on Friday, May 1st. The Goldman Sachs Group restated a “buy” rating and issued a $215.00 price target on shares of Digital Realty Trust in a research report on Friday, April 24th. BNP Paribas Exane upped their price target on Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Citigroup restated an “outperform” rating on shares of Digital Realty Trust in a research report on Monday, April 27th. Finally, Truist Financial restated a “buy” rating and issued a $208.00 price target (up from $207.00) on shares of Digital Realty Trust in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $215.89.

Digital Realty Trust Trading Up 0.2%

DLR opened at $184.49 on Tuesday. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The stock has a market capitalization of $64.83 billion, a PE ratio of 48.68, a P/E/G ratio of 5.01 and a beta of 1.03. The business’s 50 day moving average price is $191.59 and its 200 day moving average price is $175.55. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the prior year, the firm posted $1.77 earnings per share. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, equities research analysts expect that Digital Realty Trust, Inc. will post 8.05 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given 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 is Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.76%.

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.