US Bancorp DE Sells 11,647 Shares of Digital Realty Trust, Inc. $DLR

US Bancorp DE trimmed its position in Digital Realty Trust, Inc. (NYSE:DLR) by 5.8% in the fourth quarter, Holdings Channel reports. The fund owned 189,004 shares of the real estate investment trust’s stock after selling 11,647 shares during the quarter. US Bancorp DE’s holdings in Digital Realty Trust were worth $29,243,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Pinnacle Bancorp Inc. bought a new position in shares of Digital Realty Trust in the 3rd quarter valued at $25,000. Salomon & Ludwin LLC bought a new position in shares of Digital Realty Trust in the 3rd quarter valued at $28,000. Sunbelt Securities Inc. lifted its stake in shares of Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 125 shares during the last quarter. First Horizon Corp bought a new position in shares of Digital Realty Trust in the 3rd quarter valued at $31,000. Finally, Harvest Fund Management Co. Ltd lifted its stake in shares of Digital Realty Trust by 970.6% in 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 acquiring an additional 165 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors.

Digital Realty Trust Stock Performance

NYSE DLR opened at $200.84 on Friday. The company has a market capitalization of $70.08 billion, a price-to-earnings ratio of 52.99, a PEG ratio of 5.46 and a beta of 1.06. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The stock has a fifty day simple moving average of $184.67 and a 200 day simple moving average of $170.86. 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 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. The business had revenue of $1.64 billion during 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%.Digital Realty Trust’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the business 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 8.05 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.76%.

Analyst Upgrades and Downgrades

DLR has been the subject of a number of research reports. Sanford C. Bernstein increased their price target on Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Morgan Stanley increased their price target on Digital Realty Trust from $210.00 to $215.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. BNP Paribas Exane increased their price objective on Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Wells Fargo & Company increased their price objective on Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $213.86.

Digital Realty Trust Company 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.