JPMorgan Chase & Co. Cuts Position in Digital Realty Trust, Inc. $DLR

JPMorgan Chase & Co. reduced its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 14.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,695,272 shares of the real estate investment trust’s stock after selling 793,269 shares during the period. JPMorgan Chase & Co.’s holdings in Digital Realty Trust were worth $811,719,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Pinnacle Bancorp Inc. acquired a new position in Digital Realty Trust during the third quarter worth about $25,000. South Plains Financial Inc. boosted its stake in shares of Digital Realty Trust by 280.5% during the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 115 shares in the last quarter. Tobam acquired a new stake in shares of Digital Realty Trust in the 2nd quarter worth approximately $28,000. Salomon & Ludwin LLC purchased a new position in Digital Realty Trust in the 3rd quarter valued at approximately $28,000. Finally, First Horizon Corp acquired a new position in Digital Realty Trust during the third quarter worth $31,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total transaction of $655,811.72. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on DLR shares. Deutsche Bank Aktiengesellschaft began coverage on Digital Realty Trust in a report on Monday, January 5th. They issued a “buy” rating and a $180.00 target price on the stock. Loop Capital set a $205.00 target price on shares of Digital Realty Trust in a report on Monday, October 27th. Wall Street Zen downgraded shares of Digital Realty Trust from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th. JPMorgan Chase & Co. raised their price objective on shares of Digital Realty Trust from $200.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, October 24th. Finally, Stifel Nicolaus cut their price objective on Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $191.70.

Digital Realty Trust Trading Down 0.7%

Shares of Digital Realty Trust stock opened at $179.68 on Wednesday. Digital Realty Trust, Inc. has a fifty-two week low of $129.95 and a fifty-two week high of $184.79. The business’s fifty day moving average is $160.89 and its two-hundred day moving average is $165.55. The company has a quick ratio of 2.02, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. The firm has a market cap of $61.72 billion, a PE ratio of 49.91, a P/E/G ratio of 4.00 and a beta of 1.12.

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

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.