IQ EQ FUND MANAGEMENT IRELAND Ltd Has $1.17 Million Position in Digital Realty Trust, Inc. $DLR

IQ EQ FUND MANAGEMENT IRELAND Ltd cut its holdings in Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 40.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,792 shares of the real estate investment trust’s stock after selling 4,531 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Digital Realty Trust were worth $1,174,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pinnacle Bancorp Inc. acquired a new position in shares of Digital Realty Trust during the third quarter worth approximately $25,000. South Plains Financial Inc. increased its holdings in shares of Digital Realty Trust by 280.5% in the second quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 115 shares in the last quarter. Tobam bought a new position in Digital Realty Trust in the 2nd quarter worth approximately $28,000. Salomon & Ludwin LLC acquired a new position in Digital Realty Trust during the 3rd quarter worth $28,000. Finally, First Horizon Corp bought a new position in Digital Realty Trust in the 3rd quarter valued at $31,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Insider Activity at Digital Realty Trust

In related news, Director Mary Hogan Preusse sold 4,166 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.13% of the stock is currently owned by corporate insiders.

Digital Realty Trust Stock Performance

Shares of DLR stock opened at $171.30 on Friday. The stock has a market cap of $58.84 billion, a PE ratio of 47.58, a price-to-earnings-growth ratio of 3.84 and a beta of 1.12. The stock has a 50-day moving average of $158.57 and a 200-day moving average of $165.72. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.02 and a quick ratio of 2.02. Digital Realty Trust, Inc. has a one year low of $129.95 and a one year high of $182.48.

Digital Realty Trust (NYSE:DLRGet Free Report) last issued its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.03. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.92%. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the previous year, the company earned $1.73 earnings per share. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, sell-side analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DLR shares. TD Cowen reaffirmed a “hold” rating on shares of Digital Realty Trust in a research note on Friday. Deutsche Bank Aktiengesellschaft started coverage on Digital Realty Trust in a report on Monday, January 5th. They set a “buy” rating and a $180.00 price objective for the company. Mizuho reduced their target price on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating on the stock in a research note on Monday, January 12th. Truist Financial lifted their price target on shares of Digital Realty Trust from $199.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $200.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.13.

Read Our Latest Report on DLR

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Digital Realty Trust Profile

(Free Report)

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

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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