Bokf Na Sells 5,919 Shares of Digital Realty Trust, Inc. $DLR

Bokf Na lessened its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 32.2% in the fourth quarter, HoldingsChannel reports. The firm owned 12,466 shares of the real estate investment trust’s stock after selling 5,919 shares during the period. Bokf Na’s holdings in Digital Realty Trust were worth $1,929,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pinnacle Bancorp Inc. bought a new stake in Digital Realty Trust in the third quarter valued at about $25,000. Sunbelt Securities Inc. increased its holdings in Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 125 shares during the last quarter. First Horizon Corp bought a new stake in Digital Realty Trust in the third quarter valued at about $31,000. Harvest Fund Management Co. Ltd increased its holdings in Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 165 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC bought a new stake in Digital Realty Trust in the third quarter valued at about $32,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Down 2.6%

NYSE:DLR opened at $194.56 on Friday. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. The stock has a market cap of $68.37 billion, a price-to-earnings ratio of 51.33, a PEG ratio of 5.43 and a beta of 1.06. The stock has a 50-day moving average price of $185.90 and a two-hundred day moving average price of $171.34.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the previous year, the firm earned $1.77 earnings per share. The company’s revenue was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, equities analysts expect that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Friday, March 13th. Digital Realty Trust’s payout ratio is presently 128.76%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. HSBC downgraded Digital Realty Trust from a “buy” rating to a “hold” rating and upped their price objective for the company from $193.00 to $210.00 in a report on Monday, April 27th. Jefferies Financial Group upped their price objective on Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a report on Friday, April 24th. Citigroup reiterated an “outperform” rating on shares of Digital Realty Trust in a report on Monday, April 27th. UBS Group upped their price objective on Digital Realty Trust from $225.00 to $227.00 and gave the company a “buy” rating in a report on Friday, April 24th. Finally, TD Cowen upped their price objective on Digital Realty Trust from $185.00 to $192.00 and gave the company a “hold” rating in a report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Moderate Buy” and an average target price of $213.86.

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.