Digital Realty Trust, Inc. $DLR Shares Sold by Albion Financial Group UT

Albion Financial Group UT trimmed its position in Digital Realty Trust, Inc. (NYSE:DLR) by 39.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,376 shares of the real estate investment trust’s stock after selling 2,900 shares during the period. Albion Financial Group UT’s holdings in Digital Realty Trust were worth $677,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in DLR. New York State Common Retirement Fund raised its stake in Digital Realty Trust by 7.1% during the 3rd quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust’s stock valued at $40,379,000 after purchasing an additional 15,569 shares during the period. Jones Financial Companies Lllp raised its stake in Digital Realty Trust by 13.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 148,970 shares of the real estate investment trust’s stock valued at $25,545,000 after purchasing an additional 17,729 shares during the period. OFI Invest Asset Management raised its stake in Digital Realty Trust by 37,575.7% during the 3rd quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust’s stock valued at $46,896,000 after purchasing an additional 270,545 shares during the period. Centersquare Investment Management LLC raised its stake in Digital Realty Trust by 5.0% during the 3rd quarter. Centersquare Investment Management LLC now owns 3,118,869 shares of the real estate investment trust’s stock valued at $539,190,000 after purchasing an additional 149,770 shares during the period. Finally, Gallacher Capital Management LLC acquired a new stake in Digital Realty Trust during the 3rd quarter valued at $762,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Trading Up 0.3%

Digital Realty Trust stock opened at $182.15 on Tuesday. 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 company has a market capitalization of $62.59 billion, a price-to-earnings ratio of 50.60, a PEG ratio of 4.02 and a beta of 1.07. Digital Realty Trust, Inc. has a one year low of $129.95 and a one year high of $184.79. The company’s fifty day moving average price is $175.97 and its two-hundred day moving average price is $167.98.

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. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the prior year, the business posted $1.73 earnings per share. The business’s quarterly revenue was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Citigroup cut their target price on shares of Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Sanford C. Bernstein initiated coverage on shares of Digital Realty Trust in a research note on Thursday, March 5th. They set an “outperform” rating and a $218.00 target price on the stock. Jefferies Financial Group upped their price target on shares of Digital Realty Trust from $184.00 to $189.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Bank of America reaffirmed a “neutral” rating and issued a $170.00 price target (down from $210.00) on shares of Digital Realty Trust in a research note on Thursday, January 8th. Finally, UBS Group set a $189.00 price target on shares of Digital Realty Trust in a research note on Wednesday, January 14th. Four analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and an average target price of $194.88.

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.