American Century Companies Inc. Sells 57,059 Shares of Digital Realty Trust, Inc. $DLR

American Century Companies Inc. decreased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 9.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 553,007 shares of the real estate investment trust’s stock after selling 57,059 shares during the period. American Century Companies Inc. owned approximately 0.16% of Digital Realty Trust worth $95,604,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Pinnacle Bancorp Inc. acquired a new position in shares of Digital Realty Trust in the 3rd quarter valued at about $25,000. South Plains Financial Inc. increased its holdings in 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 worth $27,000 after purchasing an additional 115 shares in the last quarter. Salomon & Ludwin LLC bought a new stake in Digital Realty Trust in the third quarter worth approximately $28,000. Tobam acquired a new position in Digital Realty Trust in the second quarter valued at approximately $28,000. Finally, First Horizon Corp bought a new position in shares of Digital Realty Trust during the 3rd quarter worth approximately $31,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DLR has been the subject of several research analyst reports. UBS Group set a $189.00 price objective on shares of Digital Realty Trust in a research note on Wednesday, January 14th. Barclays upgraded shares of Digital Realty Trust from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $161.00 to $164.00 in a report on Tuesday, January 13th. Scotiabank decreased their price target on shares of Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating for the company in a research note on Wednesday, January 14th. Mizuho dropped their price objective on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Finally, Citigroup reduced their target price on Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.33.

Digital Realty Trust Price Performance

DLR stock opened at $178.02 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59. The business has a 50-day simple moving average of $165.76 and a two-hundred day simple moving average of $166.10. The company has a market capitalization of $61.17 billion, a P/E ratio of 49.45, a price-to-earnings-growth ratio of 3.95 and a beta of 1.12. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $184.79.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter last year, the company earned $1.73 earnings per share. The company’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. Research analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a $1.22 dividend. The ex-dividend date is Friday, March 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. Digital Realty Trust’s dividend payout ratio is presently 135.56%.

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.