Chevy Chase Trust Holdings LLC Decreases Position in Digital Realty Trust, Inc. $DLR

Chevy Chase Trust Holdings LLC decreased its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 2.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,611 shares of the real estate investment trust’s stock after selling 3,608 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in Digital Realty Trust were worth $28,285,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. New York State Common Retirement Fund boosted its stake in shares of Digital Realty Trust by 7.1% in the 3rd quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust’s stock valued at $40,379,000 after buying an additional 15,569 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Digital Realty Trust by 13.5% during the third quarter. Jones Financial Companies Lllp now owns 148,970 shares of the real estate investment trust’s stock worth $25,545,000 after buying an additional 17,729 shares during the period. OFI Invest Asset Management increased its stake in shares of Digital Realty Trust by 37,575.7% during the third quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust’s stock worth $46,896,000 after buying an additional 270,545 shares during the period. Gallacher Capital Management LLC acquired a new stake in Digital Realty Trust in the third quarter valued at approximately $762,000. Finally, Centersquare Investment Management LLC lifted its stake in Digital Realty Trust by 5.0% in the third quarter. Centersquare Investment Management LLC now owns 3,118,869 shares of the real estate investment trust’s stock worth $539,190,000 after acquiring an additional 149,770 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE DLR opened at $181.16 on Tuesday. The company has a fifty day moving average of $170.26 and a two-hundred day moving average of $166.94. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $184.79. The company has a market capitalization of $62.25 billion, a PE ratio of 50.32, a P/E/G ratio of 3.97 and a beta of 1.12.

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

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a $1.22 dividend. The ex-dividend date is Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.7%. Digital Realty Trust’s payout ratio is currently 135.56%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Sanford C. Bernstein began coverage on shares of Digital Realty Trust in a report on Thursday, March 5th. They set an “outperform” rating and a $218.00 price target for the company. Deutsche Bank Aktiengesellschaft began coverage on shares of Digital Realty Trust in a research report on Monday, January 5th. They set a “buy” rating and a $180.00 price objective for the company. The Goldman Sachs Group boosted their target price on shares of Digital Realty Trust from $188.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Stifel Nicolaus cut their price target 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. Finally, TD Cowen reaffirmed a “hold” rating on shares of Digital Realty Trust in a report on Friday, February 6th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.96.

Digital Realty Trust 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.