Nordea Investment Management AB Increases Stock Position in Digital Realty Trust, Inc. $DLR

Nordea Investment Management AB raised its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 53.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 673,347 shares of the real estate investment trust’s stock after acquiring an additional 233,676 shares during the period. Nordea Investment Management AB owned approximately 0.20% of Digital Realty Trust worth $104,288,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Pinnacle Bancorp Inc. purchased a new position in Digital Realty Trust during the 3rd quarter valued at about $25,000. South Plains Financial Inc. increased its stake in Digital Realty Trust by 280.5% during 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 during the period. Salomon & Ludwin LLC purchased a new stake in shares of Digital Realty Trust during the third quarter worth $28,000. Sunbelt Securities Inc. increased its position in shares of Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares during the period. Finally, First Horizon Corp purchased a new position in Digital Realty Trust in the third quarter valued at $31,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Down 3.7%

Shares of Digital Realty Trust stock opened at $173.17 on Monday. 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 $172.05 and a 200 day moving average price of $167.31. The company has a market capitalization of $59.50 billion, a P/E ratio of 48.10, a P/E/G ratio of 3.83 and a beta of 1.12.

Digital Realty Trust (NYSE:DLR) last announced its earnings results 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 firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.73 EPS. 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 Dividend Announcement

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 paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis 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 presently 135.56%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Scotiabank lowered 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 report on Wednesday, January 14th. UBS Group set a $189.00 target price on Digital Realty Trust in a research report on Wednesday, January 14th. KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a research report on Thursday, January 29th. Stifel Nicolaus reduced their price objective on Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Finally, Truist Financial raised their target price on shares of Digital Realty Trust from $200.00 to $202.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $194.68.

About Digital Realty Trust

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.