Digital Realty Trust, Inc. $DLR Shares Purchased by Alliancebernstein L.P.

Alliancebernstein L.P. raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 0.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,962,195 shares of the real estate investment trust’s stock after purchasing an additional 11,363 shares during the period. Alliancebernstein L.P. owned about 0.57% of Digital Realty Trust worth $339,224,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Security National Bank of Sioux City Iowa IA lifted its holdings 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 purchasing an additional 60 shares during the last quarter. Commons Capital LLC grew its position in shares of Digital Realty Trust by 4.6% during the third quarter. Commons Capital LLC now owns 1,463 shares of the real estate investment trust’s stock worth $253,000 after acquiring an additional 64 shares during the last quarter. Scotia Capital Inc. increased its holdings in shares of Digital Realty Trust by 0.9% in the 3rd quarter. Scotia Capital Inc. now owns 7,379 shares of the real estate investment trust’s stock worth $1,276,000 after acquiring an additional 64 shares during the period. Physician Wealth Advisors Inc. increased its holdings in shares of Digital Realty Trust by 11.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 646 shares of the real estate investment trust’s stock worth $112,000 after acquiring an additional 65 shares during the period. Finally, Zions Bancorporation National Association UT lifted its position in Digital Realty Trust by 12.5% in the 3rd quarter. Zions Bancorporation National Association UT now owns 585 shares of the real estate investment trust’s stock valued at $101,000 after purchasing an additional 65 shares during the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DLR has been the subject of a number of analyst reports. The Goldman Sachs Group boosted their target price on shares of Digital Realty Trust from $188.00 to $190.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Sanford C. Bernstein began coverage on Digital Realty Trust in a report on Thursday, March 5th. They set an “outperform” rating and a $218.00 price target on the stock. Stifel Nicolaus decreased their price objective on Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating for the company in a report on Friday, February 6th. Jefferies Financial Group raised their target price on Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Three 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. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $193.96.

Read Our Latest Stock Report on DLR

Digital Realty Trust Trading Down 0.4%

Shares of NYSE:DLR opened at $179.62 on Monday. The company has a 50 day moving average of $169.75 and a 200-day moving average of $166.86. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. The firm has a market cap of $61.72 billion, a P/E ratio of 49.90, a P/E/G ratio of 3.97 and a beta of 1.12. Digital Realty Trust, Inc. has a twelve month low of $129.95 and a twelve month high of $184.79.

Digital Realty Trust (NYSE:DLRGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.03. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter last year, the business earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, analysts anticipate that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

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

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.

Further Reading

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

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