Capital Investment Counsel LLC Trims Stake in Digital Realty Trust, Inc. $DLR

Capital Investment Counsel LLC decreased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 6.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,516 shares of the real estate investment trust’s stock after selling 3,093 shares during the period. Capital Investment Counsel LLC’s holdings in Digital Realty Trust were worth $7,177,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Pinnacle Bancorp Inc. purchased a new stake in Digital Realty Trust during the 3rd quarter worth about $25,000. South Plains Financial Inc. boosted its stake in shares of Digital Realty Trust by 280.5% during the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 115 shares during the last quarter. Tobam acquired a new stake in shares of Digital Realty Trust during the 2nd quarter worth about $28,000. Salomon & Ludwin LLC purchased a new stake in shares of Digital Realty Trust during the third quarter worth about $28,000. Finally, First Horizon Corp acquired a new position in shares of Digital Realty Trust in the third quarter valued at approximately $31,000. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock opened at $180.42 on Friday. The business’s fifty day moving average price is $159.88 and its 200 day moving average price is $165.60. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $184.79. The company has a current ratio of 1.59, a quick ratio of 2.02 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $61.98 billion, a P/E ratio of 50.12, a PEG ratio of 3.86 and a beta of 1.12.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, topping the consensus estimate of $1.83 by $0.03. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The firm’s revenue was up 13.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, research analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on DLR. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. HSBC set a $193.00 price objective on Digital Realty Trust and gave the stock a “buy” rating in a report on Thursday, January 15th. Raymond James Financial dropped their target price on Digital Realty Trust from $205.00 to $195.00 and set a “strong-buy” rating for the company in a research note on Wednesday. Morgan Stanley began coverage on Digital Realty Trust in a research note on Thursday, October 16th. They issued an “equal weight” rating and a $195.00 price target on the stock. Finally, Citigroup lowered their price target on Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating for the company in a report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and an average target price of $191.70.

Insider Buying and Selling

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of Digital Realty Trust stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.13% of the company’s stock.

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.