Resources Management Corp CT ADV Cuts Stock Position in Digital Realty Trust, Inc. $DLR

Resources Management Corp CT ADV cut its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 83.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,469 shares of the real estate investment trust’s stock after selling 17,527 shares during the period. Resources Management Corp CT ADV’s holdings in Digital Realty Trust were worth $537,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased 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 valued at $8,394,620,000 after purchasing an additional 854,828 shares during the last quarter. Cohen & Steers Inc. grew its position in shares of Digital Realty Trust by 18.0% during the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after acquiring an additional 4,276,073 shares during the last quarter. Norges Bank purchased a new position in shares of Digital Realty Trust during the fourth quarter worth approximately $3,402,995,000. State Street Corp grew its position in shares of Digital Realty Trust by 1.1% during the fourth quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock worth $3,219,256,000 after acquiring an additional 231,933 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Digital Realty Trust by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 9,234,073 shares of the real estate investment trust’s stock worth $1,423,373,000 after acquiring an additional 197,180 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on DLR. Morgan Stanley increased their price target on Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Wolfe Research increased their price target on Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. Deutsche Bank Aktiengesellschaft increased their price target on Digital Realty Trust from $196.00 to $220.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Citigroup reaffirmed an “outperform” rating on shares of Digital Realty Trust in a report on Monday, April 27th. Finally, JPMorgan Chase & Co. increased their price target on Digital Realty Trust from $210.00 to $230.00 and gave the stock an “overweight” rating in a report 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 issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $215.89.

Digital Realty Trust Trading Up 0.2%

Shares of DLR stock opened at $184.49 on Tuesday. The stock has a market cap of $64.83 billion, a P/E ratio of 48.68, a P/E/G ratio of 5.01 and a beta of 1.03. The business has a fifty day simple moving average of $191.59 and a 200-day simple moving average of $175.55. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The company has a quick ratio of 1.59, a current 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, hitting analysts’ consensus estimates of $0.46. The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, analysts forecast that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.76%.

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.