Digital Realty Trust, Inc. $DLR Shares Sold by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd cut its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 25.3% in the 4th quarter, Holdings Channel reports. The firm owned 46,220 shares of the real estate investment trust’s stock after selling 15,687 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Digital Realty Trust were worth $7,151,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. New York State Common Retirement Fund lifted its position 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 acquiring an additional 15,569 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Digital Realty Trust by 13.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 148,970 shares of the real estate investment trust’s stock valued at $25,545,000 after acquiring an additional 17,729 shares in the last quarter. OFI Invest Asset Management lifted its position in shares of Digital Realty Trust by 37,575.7% in the 3rd quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust’s stock valued at $46,896,000 after acquiring an additional 270,545 shares in the last quarter. Centersquare Investment Management LLC lifted its position in shares of Digital Realty Trust by 5.0% in the 3rd quarter. Centersquare Investment Management LLC now owns 3,118,869 shares of the real estate investment trust’s stock valued at $539,190,000 after acquiring an additional 149,770 shares in the last quarter. Finally, Gallacher Capital Management LLC purchased a new stake in shares of Digital Realty Trust in the 3rd quarter valued at approximately $762,000. 99.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on DLR shares. Stifel Nicolaus reduced their price target on shares of Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Raymond James Financial restated a “strong-buy” rating and issued a $210.00 price target on shares of Digital Realty Trust in a research report on Thursday, March 12th. BMO Capital Markets upped their price target on shares of Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research report on Monday. Weiss Ratings upgraded shares of Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 17th. Finally, UBS Group set a $189.00 price target on shares of Digital Realty Trust in a research report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $201.19.

Digital Realty Trust Stock Down 1.3%

Digital Realty Trust stock opened at $201.29 on Wednesday. The firm has a market cap of $69.16 billion, a PE ratio of 55.91, a P/E/G ratio of 4.51 and a beta of 1.07. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59. The firm’s 50 day moving average price is $181.92 and its two-hundred day moving average price is $169.63. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $204.94.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data 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 firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.73 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, research analysts predict that Digital Realty Trust, Inc. will post 7.94 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.4%. The ex-dividend date was Friday, March 13th. Digital Realty Trust’s dividend payout ratio is currently 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.