Capital Research Global Investors lifted its holdings in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 0.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,257,134 shares of the real estate investment trust’s stock after purchasing an additional 3,917 shares during the quarter. Capital Research Global Investors owned about 0.37% of Digital Realty Trust worth $217,330,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. acquired a new stake in Digital Realty Trust during the 3rd quarter worth about $25,000. South Plains Financial Inc. boosted its position in Digital Realty Trust by 280.5% in the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 115 shares in the last quarter. Tobam acquired a new stake in shares of Digital Realty Trust during the 2nd quarter valued at about $28,000. Salomon & Ludwin LLC acquired a new stake in Digital Realty Trust in the third quarter valued at approximately $28,000. Finally, First Horizon Corp purchased a new stake in Digital Realty Trust in the 3rd quarter worth $31,000. 99.71% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts recently commented on DLR shares. Truist Financial boosted their price target on Digital Realty Trust from $200.00 to $202.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. UBS Group set a $189.00 target price on Digital Realty Trust in a research report on Wednesday, January 14th. Raymond James Financial lowered their target price on Digital Realty Trust from $205.00 to $195.00 and set a “strong-buy” rating for the company in a research note on Wednesday, February 11th. Weiss Ratings upgraded shares of Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 17th. Finally, Moffett Nathanson increased their price target on shares of Digital Realty Trust from $166.00 to $172.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $193.36.
Digital Realty Trust Stock Performance
NYSE:DLR opened at $180.74 on Wednesday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. The firm has a 50-day moving average price of $168.24 and a two-hundred day moving average price of $166.60. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $184.79. The company has a market capitalization of $62.11 billion, a P/E ratio of 50.21, a price-to-earnings-growth ratio of 3.97 and a beta of 1.12.
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.03. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the previous year, the company posted $1.73 EPS. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, research analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.
Digital Realty Trust Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a dividend of $1.22 per share. The ex-dividend date is Friday, March 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.
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.
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