APG Asset Management US Inc. Purchases 23,430 Shares of Digital Realty Trust, Inc. $DLR

APG Asset Management US Inc. grew its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,638,801 shares of the real estate investment trust’s stock after buying an additional 23,430 shares during the quarter. Digital Realty Trust accounts for 10.9% of APG Asset Management US Inc.’s investment portfolio, making the stock its 2nd largest holding. APG Asset Management US Inc. owned 2.51% of Digital Realty Trust worth $1,481,122,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Pinnacle Bancorp Inc. acquired a new stake in Digital Realty Trust in the third quarter valued at about $25,000. South Plains Financial Inc. lifted its holdings in shares of Digital Realty Trust by 280.5% in the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 115 shares during the period. Salomon & Ludwin LLC purchased a new stake in shares of Digital Realty Trust in the third quarter valued at approximately $28,000. Tobam acquired a new position in Digital Realty Trust during the second quarter worth $28,000. Finally, First Horizon Corp purchased a new position in Digital Realty Trust in the third quarter worth $31,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Mary Hogan Preusse sold 4,166 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.13% of the stock is owned by corporate insiders.

Digital Realty Trust Trading Up 0.4%

Shares of Digital Realty Trust stock opened at $177.03 on Friday. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $184.79. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59. The business has a 50 day moving average price of $164.77 and a 200 day moving average price of $165.95. The company has a market capitalization of $60.83 billion, a P/E ratio of 49.18, a P/E/G ratio of 3.92 and a beta of 1.12.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.03. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter last year, the business posted $1.73 earnings per share. Digital Realty Trust’s revenue was up 13.8% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Sell-side analysts anticipate that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company 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 $1.22 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust’s payout ratio is presently 135.56%.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wall Street Zen lowered shares of Digital Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Saturday, November 8th. Barclays upgraded shares of Digital Realty Trust from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $161.00 to $164.00 in a research report on Tuesday, January 13th. UBS Group set a $189.00 price target on shares of Digital Realty Trust in a research report on Wednesday, January 14th. Truist Financial upped their price target on Digital Realty Trust from $200.00 to $202.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Finally, HSBC set a $193.00 price objective on Digital Realty Trust and gave the company a “buy” rating in a research note on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and an average target price of $192.33.

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.