Danske Bank A S Takes Position in Digital Realty Trust, Inc. $DLR

Danske Bank A S acquired a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 247,940 shares of the real estate investment trust’s stock, valued at approximately $42,864,000. Danske Bank A S owned about 0.07% of Digital Realty Trust at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DLR. Vanguard Group Inc. raised its holdings in Digital Realty Trust by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 53,405,531 shares of the real estate investment trust’s stock worth $9,232,748,000 after purchasing an additional 512,974 shares during the last quarter. Norges Bank acquired a new position in shares of Digital Realty Trust in the 2nd quarter worth approximately $3,808,270,000. State Street Corp boosted its stake in shares of Digital Realty Trust by 1.9% in the 2nd quarter. State Street Corp now owns 20,405,760 shares of the real estate investment trust’s stock valued at $3,557,336,000 after purchasing an additional 376,699 shares during the last quarter. Bank of America Corp DE increased its position in shares of Digital Realty Trust by 6.6% during the third quarter. Bank of America Corp DE now owns 8,930,551 shares of the real estate investment trust’s stock worth $1,543,914,000 after buying an additional 553,907 shares during the period. Finally, APG Asset Management US Inc. increased its position in shares of Digital Realty Trust by 0.3% during the third quarter. APG Asset Management US Inc. now owns 8,638,801 shares of the real estate investment trust’s stock worth $1,481,122,000 after buying an additional 23,430 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on DLR shares. Mizuho dropped their target price on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Scotiabank decreased their price target on 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. Raymond James Financial reissued a “strong-buy” rating and issued a $210.00 price objective on shares of Digital Realty Trust in a research report on Thursday, March 12th. UBS Group set a $189.00 price objective on Digital Realty Trust in a research note on Wednesday, January 14th. Finally, Jefferies Financial Group raised their target price on Digital Realty Trust from $184.00 to $189.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Three research 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’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $194.68.

Digital Realty Trust Trading Down 0.9%

NYSE:DLR opened at $178.86 on Thursday. 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 stock has a market capitalization of $61.46 billion, a price-to-earnings ratio of 49.68, a PEG ratio of 3.99 and a beta of 1.12. The firm has a fifty day simple moving average of $171.22 and a two-hundred day simple moving average of $167.12.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data 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 firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders 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 annualized dividend and a yield of 2.7%. Digital Realty Trust’s dividend payout ratio is presently 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.