TABR Capital Management LLC Makes New Investment in Digital Realty Trust, Inc. $DLR

TABR Capital Management LLC bought a new stake in Digital Realty Trust, Inc. (NYSE:DLR) during the fourth quarter, Holdings Channel reports. The institutional investor bought 34,884 shares of the real estate investment trust’s stock, valued at approximately $5,397,000. Digital Realty Trust accounts for approximately 2.1% of TABR Capital Management LLC’s investment portfolio, making the stock its 18th largest holding.

Other hedge funds also recently modified their holdings of the company. New York State Common Retirement Fund lifted its stake in Digital Realty Trust by 7.1% during the 3rd quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust’s stock valued at $40,379,000 after acquiring an additional 15,569 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Digital Realty Trust by 13.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 148,970 shares of the real estate investment trust’s stock worth $25,545,000 after acquiring an additional 17,729 shares in the last quarter. OFI Invest Asset Management raised its holdings in shares of Digital Realty Trust by 37,575.7% in the third quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust’s stock valued at $46,896,000 after purchasing an additional 270,545 shares during the last quarter. Centersquare Investment Management LLC lifted its position in shares of Digital Realty Trust by 5.0% during the third 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. Finally, Gallacher Capital Management LLC bought a new position in shares of Digital Realty Trust during the third quarter valued at about $762,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on DLR shares. HSBC set a $193.00 price objective on shares of Digital Realty Trust and gave the stock a “buy” rating in a research report on Thursday, January 15th. The Goldman Sachs Group boosted their target price on Digital Realty Trust from $188.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Barclays upped their target price on Digital Realty Trust from $164.00 to $182.00 and gave the company an “equal weight” rating in a report on Wednesday, March 18th. Bank of America reaffirmed a “neutral” rating and set a $170.00 price target (down from $210.00) on shares of Digital Realty Trust in a research report on Thursday, January 8th. Finally, Truist Financial boosted their price objective 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. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $194.68.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $173.17 on Monday. 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 stock has a fifty day simple moving average of $172.05 and a two-hundred day simple moving average of $167.31. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $184.79. The firm has a market cap of $59.50 billion, a price-to-earnings ratio of 48.10, a price-to-earnings-growth ratio of 3.83 and a beta of 1.12.

Digital Realty Trust (NYSE:DLR) last issued its 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 return on equity of 5.88% and a net margin of 21.41%.The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period in the previous year, the company posted $1.73 earnings per share. The business’s revenue 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. Analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, March 13th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust’s dividend payout ratio is 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.