Hsbc Holdings PLC Raises Position in Digital Realty Trust, Inc. $DLR

Hsbc Holdings PLC increased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 14.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,354,201 shares of the real estate investment trust’s stock after purchasing an additional 170,466 shares during the period. Hsbc Holdings PLC’s holdings in Digital Realty Trust were worth $209,625,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in DLR. Sunbelt Securities Inc. grew its holdings in Digital Realty Trust by 347.2% during the 3rd 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 in the last quarter. Harvest Fund Management Co. Ltd boosted its stake in shares of 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. Caitong International Asset Management Co. Ltd purchased a new position in shares of Digital Realty Trust during the 3rd quarter valued at approximately $34,000. MCF Advisors LLC acquired a new stake in shares of Digital Realty Trust during the fourth quarter worth approximately $35,000. Finally, Hantz Financial Services Inc. raised its stake in shares of Digital Realty Trust by 157.4% in the 4th quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 148 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on DLR shares. Morgan Stanley lifted their price target on Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Jefferies Financial Group lifted their target price on Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Wells Fargo & Company upped their price target on Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Evercore increased their target price on shares of Digital Realty Trust from $200.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday, April 21st. Finally, HSBC lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating and increased their price objective for the stock from $193.00 to $210.00 in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.81.

Digital Realty Trust Trading Down 0.1%

Shares of NYSE:DLR opened at $173.09 on Friday. The company has a 50 day moving average of $189.88 and a 200-day moving average of $178.09. The firm has a market cap of $60.82 billion, a P/E ratio of 45.67, a P/E/G ratio of 4.71 and a beta of 1.03. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter last year, the business earned $1.77 earnings per share. The business’s revenue for the quarter was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, analysts anticipate that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.76%.

About Digital Realty Trust

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.