Aberdeen Group plc Cuts Stake in Digital Realty Trust, Inc. $DLR

Aberdeen Group plc reduced its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 917,832 shares of the real estate investment trust’s stock after selling 17,066 shares during the period. Aberdeen Group plc owned approximately 0.27% of Digital Realty Trust worth $141,998,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DLR. Pinnacle Bancorp Inc. bought a new stake in Digital Realty Trust in the 3rd quarter worth approximately $25,000. Salomon & Ludwin LLC purchased a new stake in shares of Digital Realty Trust during the 3rd quarter worth approximately $28,000. Sunbelt Securities Inc. boosted its position in shares of Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 125 shares during the last quarter. First Horizon Corp purchased a new position in shares of Digital Realty Trust in the third quarter valued at $31,000. Finally, Harvest Fund Management Co. Ltd grew its holdings in shares of Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 165 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Up 0.8%

Shares of NYSE DLR opened at $181.86 on Friday. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $184.79. The firm has a 50-day simple moving average of $175.10 and a two-hundred day simple moving average of $167.92. The company has a market cap of $62.49 billion, a P/E ratio of 50.52, a PEG ratio of 3.99 and a beta of 1.07. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share 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 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%.The company’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.73 earnings per share. 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 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have commented on DLR. BMO Capital Markets increased their price objective on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a report on Thursday, January 29th. Moffett Nathanson boosted their price objective on Digital Realty Trust from $166.00 to $172.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Scotiabank lowered their price objective on 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. Finally, Mizuho cut their target price on Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $194.88.

Digital Realty Trust Company 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.