Digital Realty Trust, Inc. $DLR Shares Sold by Boothbay Fund Management LLC

Boothbay Fund Management LLC decreased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 38.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,565 shares of the real estate investment trust’s stock after selling 14,572 shares during the period. Boothbay Fund Management LLC’s holdings in Digital Realty Trust were worth $4,074,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in DLR. Security National Bank of Sioux City Iowa IA raised its position in shares of Digital Realty Trust by 0.4% during the 3rd quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock valued at $2,478,000 after buying an additional 60 shares during the period. Commons Capital LLC increased its stake in 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. raised its position in Digital Realty Trust by 0.9% in the third quarter. Scotia Capital Inc. now owns 7,379 shares of the real estate investment trust’s stock valued at $1,276,000 after purchasing an additional 64 shares during the period. Physician Wealth Advisors Inc. lifted its stake 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 valued at $112,000 after purchasing an additional 65 shares during the last quarter. Finally, Zions Bancorporation National Association UT lifted its stake in shares of 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. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Barclays raised Digital Realty Trust from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $161.00 to $164.00 in a research report on Tuesday, January 13th. Bank of America reaffirmed a “neutral” rating and issued a $170.00 target price (down from $210.00) on shares of Digital Realty Trust in a research report on Thursday, January 8th. Scotiabank lowered their target price 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. Sanford C. Bernstein assumed coverage on shares of Digital Realty Trust in a research report on Thursday, March 5th. They set an “outperform” rating and a $218.00 price target for the company. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $210.00 price target on shares of Digital Realty Trust in a research note on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $193.96.

Digital Realty Trust Price Performance

DLR opened at $179.62 on Monday. The stock’s 50-day moving average price is $169.75 and its 200 day moving average price is $166.86. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month high of $184.79. 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 price-to-earnings ratio of 49.90, a PEG ratio of 3.97 and a beta of 1.12.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.03. The company 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%.Digital Realty Trust’s 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 expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

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