Digital Realty Trust, Inc. $DLR Shares Bought by Davis Selected Advisers

Davis Selected Advisers lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 18.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,280 shares of the real estate investment trust’s stock after acquiring an additional 12,820 shares during the quarter. Davis Selected Advisers’ holdings in Digital Realty Trust were worth $14,052,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. New York State Common Retirement Fund grew its holdings in Digital Realty Trust by 7.1% during the third quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust’s stock worth $40,379,000 after acquiring an additional 15,569 shares during the period. Jones Financial Companies Lllp lifted its holdings in Digital Realty Trust by 13.5% in the third quarter. Jones Financial Companies Lllp now owns 148,970 shares of the real estate investment trust’s stock valued at $25,545,000 after acquiring an additional 17,729 shares during the period. OFI Invest Asset Management boosted its position in shares of Digital Realty Trust by 37,575.7% during the 3rd quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust’s stock worth $46,896,000 after purchasing an additional 270,545 shares in the last quarter. Gallacher Capital Management LLC purchased a new stake in shares of Digital Realty Trust during the 3rd quarter worth $762,000. Finally, Centersquare Investment Management LLC increased its holdings in shares of Digital Realty Trust by 5.0% in the 3rd quarter. Centersquare Investment Management LLC now owns 3,118,869 shares of the real estate investment trust’s stock valued at $539,190,000 after purchasing an additional 149,770 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $178.86 on Thursday. 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 company has a market capitalization of $61.46 billion, a P/E ratio of 49.68, a price-to-earnings-growth ratio of 3.99 and a beta of 1.12. The firm has a 50-day moving average price of $171.22 and a two-hundred day moving average price of $167.12. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $184.79.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) 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 company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the firm earned $1.73 earnings per share. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. 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 business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued 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 is Friday, March 13th. Digital Realty Trust’s dividend payout ratio is 135.56%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Scotiabank decreased their price objective on shares of Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating on the stock in a report on Wednesday, January 14th. Citigroup dropped their target price on shares of Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating for the company in a report on Friday, February 6th. 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 note on Wednesday, February 18th. Raymond James Financial restated a “strong-buy” rating and issued a $210.00 price target on shares of Digital Realty Trust in a report on Thursday, March 12th. Finally, Jefferies Financial Group raised their price objective on Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $194.68.

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.