Citigroup Inc. Sells 46,603 Shares of Digital Realty Trust, Inc. $DLR

Citigroup Inc. reduced its stake in Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 6.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 624,684 shares of the real estate investment trust’s stock after selling 46,603 shares during the period. Citigroup Inc. owned 0.18% of Digital Realty Trust worth $107,995,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Security National Bank of Sioux City Iowa IA raised its position in shares of Digital Realty Trust by 0.4% in the 3rd quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock worth $2,478,000 after acquiring an additional 60 shares in the last quarter. Telos Capital Management Inc. grew its stake in Digital Realty Trust by 0.8% in the second quarter. Telos Capital Management Inc. now owns 8,089 shares of the real estate investment trust’s stock worth $1,410,000 after purchasing an additional 64 shares during the period. Zions Bancorporation National Association UT raised its holdings in Digital Realty Trust by 14.3% in the second quarter. Zions Bancorporation National Association UT now owns 520 shares of the real estate investment trust’s stock worth $91,000 after purchasing an additional 65 shares in the last quarter. Physician Wealth Advisors Inc. raised its holdings in Digital Realty Trust by 11.2% in the third quarter. Physician Wealth Advisors Inc. now owns 646 shares of the real estate investment trust’s stock worth $112,000 after purchasing an additional 65 shares in the last quarter. Finally, True North Advisors LLC lifted its position in Digital Realty Trust by 5.4% during the third quarter. True North Advisors LLC now owns 1,302 shares of the real estate investment trust’s stock valued at $225,000 after buying an additional 67 shares during the period. 99.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on DLR shares. TD Cowen reissued a “hold” rating on shares of Digital Realty Trust in a research report on Friday, February 6th. Scotiabank dropped their price target on Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, January 14th. Stifel Nicolaus cut their price target on Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Wall Street Zen cut Digital Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 8th. Finally, UBS Group set a $189.00 price target on Digital Realty Trust in a report on Wednesday, January 14th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Digital Realty Trust has an average rating of “Moderate Buy” and an average target price of $192.33.

Read Our Latest Analysis on DLR

More Digital Realty Trust News

Here are the key news stories impacting Digital Realty Trust this week:

Insider Buying and Selling

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $157.42, for a total value of $655,811.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of DLR opened at $175.65 on Monday. The firm has a market capitalization of $60.35 billion, a P/E ratio of 48.79, a PEG ratio of 3.89 and a beta of 1.12. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust, Inc. has a one year low of $129.95 and a one year high of $184.79. The business has a fifty day moving average of $162.02 and a 200 day moving average of $165.65.

Digital Realty Trust (NYSE:DLRGet Free Report) last released its quarterly earnings results 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. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.58 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.73 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is 135.56%.

About Digital Realty Trust

(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.

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

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