Private Advisory Group LLC bought a new position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 55,402 shares of the real estate investment trust’s stock, valued at approximately $8,571,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Pinnacle Bancorp Inc. bought a new stake in shares of Digital Realty Trust in the 3rd quarter valued at about $25,000. Salomon & Ludwin LLC bought a new stake in Digital Realty Trust in the third quarter valued at approximately $28,000. Sunbelt Securities Inc. boosted 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 valued at $28,000 after purchasing an additional 125 shares during the period. First Horizon Corp purchased a new position in shares of Digital Realty Trust in the third quarter worth $31,000. Finally, Harvest Fund Management Co. Ltd raised its holdings in Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 165 shares during the last quarter. 99.71% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the stock. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a report on Thursday, January 29th. Stifel Nicolaus dropped their target price on shares of Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating for the company in a report on Friday, February 6th. Barclays boosted their price target on Digital Realty Trust from $164.00 to $182.00 and gave the company an “equal weight” rating in a report on Wednesday, March 18th. Bank of America reaffirmed a “neutral” rating and set a $170.00 price target (down from $210.00) on shares of Digital Realty Trust in a research report on Thursday, January 8th. Finally, 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. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $194.68.
Digital Realty Trust Trading Up 0.1%
DLR opened at $175.60 on Monday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $184.79. The stock has a market cap of $60.34 billion, a PE ratio of 48.78, a PEG ratio of 3.88 and a beta of 1.12. The business has a 50 day moving average of $173.58 and a 200-day moving average of $167.69.
Digital Realty Trust (NYSE:DLR – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.03. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 13.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities research analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.
Digital Realty Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given 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 of this dividend is Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is 135.56%.
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.
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