ProShare Advisors LLC increased its position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 6.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 78,576 shares of the real estate investment trust’s stock after purchasing an additional 4,794 shares during the period. ProShare Advisors LLC’s holdings in Digital Realty Trust were worth $12,156,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DLR. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Digital Realty Trust by 686.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust’s stock worth $831,123,000 after purchasing an additional 4,195,862 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Digital Realty Trust by 5,759.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,357,805 shares of the real estate investment trust’s stock worth $210,066,000 after purchasing an additional 1,334,632 shares during the period. Vanguard Group Inc. grew its stake in Digital Realty Trust by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock worth $8,394,620,000 after purchasing an additional 854,828 shares during the period. Alyeska Investment Group L.P. grew its stake in Digital Realty Trust by 581.0% in the third quarter. Alyeska Investment Group L.P. now owns 961,121 shares of the real estate investment trust’s stock worth $166,159,000 after purchasing an additional 819,982 shares during the period. Finally, Resolution Capital Ltd grew its stake in Digital Realty Trust by 25.2% in the second quarter. Resolution Capital Ltd now owns 2,967,618 shares of the real estate investment trust’s stock worth $517,345,000 after purchasing an additional 596,420 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
DLR has been the topic of several recent research reports. Wells Fargo & Company upped their price target on Digital Realty Trust from $195.00 to $220.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft increased their target price on Digital Realty Trust from $196.00 to $220.00 and gave the stock a “buy” rating in a research note on Monday. Wolfe Research increased their target price on Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. Sanford C. Bernstein increased their target price on Digital Realty Trust from $218.00 to $232.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Finally, Raymond James Financial increased their target price on Digital Realty Trust from $210.00 to $235.00 and gave the stock a “strong-buy” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $215.89.
Digital Realty Trust Trading Up 1.8%
Shares of NYSE:DLR opened at $194.12 on Friday. The company has a market cap of $68.22 billion, a P/E ratio of 51.22, a PEG ratio of 5.18 and a beta of 1.06. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The stock’s fifty day moving average price is $188.52 and its 200-day moving average price is $172.65.
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Sell-side analysts expect that Digital Realty Trust, Inc. will post 8.06 earnings per share for the current year.
Digital Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. Digital Realty Trust’s dividend payout ratio is presently 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.
See Also
- Five stocks we like better than Digital Realty Trust
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Want to see what other hedge funds are holding DLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Digital Realty Trust, Inc. (NYSE:DLR – Free Report).
Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
