Rockefeller Capital Management L.P. Buys 144,092 Shares of Digital Realty Trust, Inc. $DLR

Rockefeller Capital Management L.P. lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 30.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 621,180 shares of the real estate investment trust’s stock after purchasing an additional 144,092 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Digital Realty Trust were worth $96,159,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of DLR. Sunbelt Securities Inc. grew its position in Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares during the last quarter. Harvest Fund Management Co. Ltd raised its position 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. Caitong International Asset Management Co. Ltd bought a new position in Digital Realty Trust in the third quarter valued at about $34,000. MCF Advisors LLC acquired a new stake in shares of Digital Realty Trust during the fourth quarter valued at about $35,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of Digital Realty Trust by 157.4% during the fourth quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 148 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

DLR stock opened at $188.15 on Friday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. The firm has a market cap of $66.12 billion, a price-to-earnings ratio of 49.64, a PEG ratio of 5.11 and a beta of 1.02. The company’s fifty day simple moving average is $192.03 and its 200 day simple moving average is $176.25. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data 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 analyst estimates of $1.63 billion. During the same period last year, the company posted $1.77 EPS. The business’s quarterly 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. On average, analysts expect that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current year.

Digital Realty Trust Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Stifel Nicolaus upped their price objective on Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Sanford C. Bernstein boosted their target price on shares of Digital Realty Trust from $218.00 to $232.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $211.00 price target on shares of Digital Realty Trust in a research note on Friday, May 1st. BMO Capital Markets increased their price objective on Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Finally, Evercore upped their price target on Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $215.89.

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.