Sequoia Financial Advisors LLC Acquires 3,531 Shares of Digital Realty Trust, Inc. $DLR

Sequoia Financial Advisors LLC grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 11.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,745 shares of the real estate investment trust’s stock after acquiring an additional 3,531 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Digital Realty Trust were worth $6,081,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Stiles Financial Services Inc boosted its position in Digital Realty Trust by 6.2% in the first quarter. Stiles Financial Services Inc now owns 18,379 shares of the real estate investment trust’s stock valued at $3,312,000 after buying an additional 1,076 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of Digital Realty Trust by 7.2% during the first quarter. Hsbc Holdings PLC now owns 1,451,241 shares of the real estate investment trust’s stock worth $261,873,000 after buying an additional 97,040 shares in the last quarter. Cherry Creek Investment Advisors Inc. lifted its stake in shares of Digital Realty Trust by 0.3% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock valued at $3,378,000 after acquiring an additional 51 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its stake in shares of Digital Realty Trust by 0.6% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 10,675 shares of the real estate investment trust’s stock valued at $1,924,000 after acquiring an additional 67 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. boosted its holdings in shares of Digital Realty Trust by 4.3% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 199,149 shares of the real estate investment trust’s stock valued at $35,120,000 after acquiring an additional 8,295 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $180.39 on Monday. The stock’s 50 day moving average is $187.87 and its 200 day moving average is $179.22. 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 cap of $63.39 billion, a P/E ratio of 47.60, a P/E/G ratio of 4.90 and a beta of 1.03. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14.

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

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.76%.

Analysts Set New Price Targets

A number of brokerages have issued reports on DLR. BNP Paribas Exane upped their target price on Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Jefferies Financial Group lifted their price target on Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Scotiabank boosted their price target on Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a report on Monday, April 27th. JPMorgan Chase & Co. raised their price objective on shares of Digital Realty Trust from $210.00 to $230.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Finally, TD Cowen lifted their target price on shares of Digital Realty Trust from $185.00 to $192.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $216.75.

Digital Realty Trust 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.