Assenagon Asset Management S.A. Sells 20,341 Shares of Digital Realty Trust, Inc. $DLR

Assenagon Asset Management S.A. lowered its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 58.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,545 shares of the real estate investment trust’s stock after selling 20,341 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Digital Realty Trust were worth $2,250,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Security National Bank of Sioux City Iowa IA lifted its stake in shares of Digital Realty Trust by 0.4% in the third 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 in the last quarter. Commons Capital LLC increased 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 in the last quarter. Scotia Capital Inc. raised 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 last quarter. Physician Wealth Advisors Inc. raised 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 last quarter. 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 acquiring an additional 65 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on DLR. Citigroup decreased their price objective on Digital Realty Trust from $212.00 to $190.00 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 report on Friday, February 6th. Truist Financial lifted their target price on Digital Realty Trust from $200.00 to $202.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Stifel Nicolaus decreased their price target 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. Finally, TD Cowen reissued a “hold” rating on shares of Digital Realty Trust in a research report on Friday, February 6th. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $194.68.

Digital Realty Trust Trading Down 0.1%

Shares of DLR stock opened at $175.30 on Tuesday. 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 company has a market capitalization of $60.24 billion, a price-to-earnings ratio of 48.70, a PEG ratio of 3.88 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. The company has a 50-day simple moving average of $173.81 and a two-hundred day simple moving average of $167.69.

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

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given 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 currently 135.56%.

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.