Stevens Capital Management LP Sells 4,463 Shares of Digital Realty Trust, Inc. $DLR

Stevens Capital Management LP lessened its position in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 17.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,350 shares of the real estate investment trust’s stock after selling 4,463 shares during the quarter. Stevens Capital Management LP’s holdings in Digital Realty Trust were worth $3,691,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DLR. Vanguard Group Inc. lifted its position in Digital Realty Trust by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 53,405,531 shares of the real estate investment trust’s stock valued at $9,232,748,000 after purchasing an additional 512,974 shares during the period. Norges Bank acquired a new stake in shares of Digital Realty Trust during the 2nd quarter worth approximately $3,808,270,000. State Street Corp raised its stake in shares of Digital Realty Trust by 1.9% during the second quarter. State Street Corp now owns 20,405,760 shares of the real estate investment trust’s stock worth $3,557,336,000 after buying an additional 376,699 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Digital Realty Trust by 2.3% in the second quarter. Geode Capital Management LLC now owns 8,850,818 shares of the real estate investment trust’s stock valued at $1,536,795,000 after buying an additional 196,579 shares during the period. Finally, Canada Pension Plan Investment Board boosted its stake in Digital Realty Trust by 3.0% in the second quarter. Canada Pension Plan Investment Board now owns 7,356,429 shares of the real estate investment trust’s stock valued at $1,282,446,000 after acquiring an additional 211,692 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Digital Realty Trust

In other news, Director Mary Hogan Preusse sold 4,166 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $157.42, for a total value of $655,811.72. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.13% of the stock is currently owned by company insiders.

Digital Realty Trust Price Performance

Shares of DLR opened at $175.65 on Friday. The stock has a 50 day simple moving average of $162.02 and a 200 day simple moving average of $165.72. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $184.79. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.02 and a current ratio of 1.59. The firm has a market capitalization of $60.35 billion, a PE ratio of 48.79, a P/E/G ratio of 3.91 and a beta of 1.12.

Digital Realty Trust (NYSE:DLRGet Free Report) last announced its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.03. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the firm 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. Sell-side analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced 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. This represents a $4.88 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s dividend payout ratio is 135.56%.

Key Headlines Impacting Digital Realty Trust

Here are the key news stories impacting Digital Realty Trust this week:

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. The Goldman Sachs Group upped their target price on shares of Digital Realty Trust from $188.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Citigroup dropped their price objective 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. Stifel Nicolaus cut their target price on Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. HSBC set a $193.00 target price on Digital Realty Trust and gave the stock a “buy” rating in a research report on Thursday, January 15th. Finally, Jefferies Financial Group increased their price target on shares of Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Digital Realty Trust has an average rating of “Moderate Buy” and an average price target of $192.33.

Check Out Our Latest Report on DLR

Digital Realty Trust Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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