Digital Realty Trust, Inc. $DLR Position Increased by Cohen & Steers Inc.

Cohen & Steers Inc. increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 18.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,001,340 shares of the real estate investment trust’s stock after buying an additional 4,276,073 shares during the period. Digital Realty Trust comprises about 7.8% of Cohen & Steers Inc.’s portfolio, making the stock its 2nd biggest position. Cohen & Steers Inc. owned 0.08% of Digital Realty Trust worth $4,332,366,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sunbelt Securities Inc. increased its stake in shares of Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 125 shares during the period. Harvest Fund Management Co. Ltd increased its stake in shares of Digital Realty Trust by 970.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 165 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Digital Realty Trust during the third quarter worth approximately $34,000. MCF Advisors LLC purchased a new stake in shares of Digital Realty Trust during the fourth quarter worth approximately $35,000. Finally, Hantz Financial Services Inc. increased its stake in Digital Realty Trust by 157.4% in the fourth quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 148 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on DLR shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $211.00 price target on shares of Digital Realty Trust in a research note on Friday, May 1st. BNP Paribas Exane increased their price target on shares of Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. TD Cowen increased their price target on shares of Digital Realty Trust from $185.00 to $192.00 and gave the company a “hold” rating in a research note on Friday, April 24th. BMO Capital Markets increased their price target on shares of Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. Finally, Citigroup reiterated an “outperform” rating on shares of Digital Realty Trust in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $215.89.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $184.22 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. The stock has a fifty day moving average price of $191.54 and a 200 day moving average price of $175.24. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14. The company has a market cap of $64.74 billion, a PE ratio of 48.61, a P/E/G ratio of 4.97 and a beta of 1.02.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting the consensus estimate 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 the consensus estimate of $1.63 billion. During the same period last year, the company earned $1.77 earnings per share. The company’s revenue for the quarter 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. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 8.05 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. Digital Realty Trust’s dividend payout ratio is 128.76%.

About Digital Realty Trust

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.