Swiss Life Asset Management Ltd raised its stake in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 29.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,263 shares of the real estate investment trust’s stock after acquiring an additional 14,538 shares during the period. Swiss Life Asset Management Ltd’s holdings in Digital Realty Trust were worth $11,110,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of DLR. Security National Bank of Sioux City Iowa IA grew its holdings in shares of Digital Realty Trust by 0.4% in the 3rd quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock worth $2,478,000 after purchasing an additional 60 shares during the last quarter. Commons Capital LLC lifted its holdings in Digital Realty Trust by 4.6% during the 3rd quarter. Commons Capital LLC now owns 1,463 shares of the real estate investment trust’s stock valued at $253,000 after purchasing an additional 64 shares during the last quarter. Scotia Capital Inc. boosted its position in Digital Realty Trust by 0.9% in the third quarter. Scotia Capital Inc. now owns 7,379 shares of the real estate investment trust’s stock valued at $1,276,000 after buying an additional 64 shares in the last quarter. Physician Wealth Advisors Inc. grew its stake in Digital Realty Trust by 11.2% during the third quarter. Physician Wealth Advisors Inc. now owns 646 shares of the real estate investment trust’s stock worth $112,000 after buying an additional 65 shares during the last quarter. Finally, Zions Bancorporation National Association UT grew its stake in Digital Realty Trust by 12.5% during the third quarter. Zions Bancorporation National Association UT now owns 585 shares of the real estate investment trust’s stock worth $101,000 after buying an additional 65 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on DLR shares. 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. BMO Capital Markets increased their price target on Digital Realty Trust from $195.00 to $205.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Jefferies Financial Group lifted their price objective on Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Sanford C. Bernstein began coverage on Digital Realty Trust in a research note on Thursday, March 5th. They issued an “outperform” rating and a $218.00 price objective on the stock. Finally, HSBC set a $193.00 price objective on Digital Realty Trust and gave the stock a “buy” rating in a research note on Thursday, January 15th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $194.68.
Digital Realty Trust Price Performance
Shares of DLR stock opened at $173.17 on Friday. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $184.79. 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’s 50 day moving average is $172.05 and its 200-day moving average is $167.24. The firm has a market capitalization of $59.50 billion, a price-to-earnings ratio of 48.10, a PEG ratio of 3.98 and a beta of 1.12.
Digital Realty Trust (NYSE:DLR – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same quarter last year, the business posted $1.73 earnings per share. Digital Realty Trust’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. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.
Digital Realty Trust Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a dividend of $1.22 per share. The ex-dividend date is Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s payout ratio is presently 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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