Digital Realty Trust, Inc. $DLR Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. lessened its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 190,854 shares of the real estate investment trust’s stock after selling 5,645 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Digital Realty Trust were worth $29,661,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in DLR. Bison Wealth LLC boosted its position in Digital Realty Trust by 17.2% during the 4th quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock worth $471,000 after acquiring an additional 390 shares during the period. Empowered Funds LLC raised its stake in shares of Digital Realty Trust by 9.4% in the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after buying an additional 584 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Digital Realty Trust by 23.0% in the 2nd quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock worth $3,790,000 after buying an additional 4,069 shares in the last quarter. Treasurer of the State of North Carolina raised its stake in shares of Digital Realty Trust by 3.9% in the 2nd quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock worth $27,469,000 after buying an additional 5,909 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in shares of Digital Realty Trust by 0.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock worth $4,816,000 after buying an additional 231 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on DLR shares. Raymond James Financial boosted their price objective on Digital Realty Trust from $210.00 to $235.00 and gave the stock a “strong-buy” rating in a research note on Friday, April 24th. Scotiabank boosted their price objective on Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a research note on Monday, April 27th. The Goldman Sachs Group reissued a “buy” rating and issued a $215.00 price objective on shares of Digital Realty Trust in a research note on Friday, April 24th. Jefferies Financial Group boosted their price objective on Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Digital Realty Trust in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $215.89.

Digital Realty Trust Trading Down 1.2%

NYSE DLR opened at $186.26 on Wednesday. The firm’s 50 day moving average price is $188.04 and its two-hundred day moving average price is $172.35. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The stock has a market cap of $65.45 billion, a price-to-earnings ratio of 49.14, a PEG ratio of 5.12 and a beta of 1.06.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The company had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the company earned $1.77 earnings per share. The company’s revenue for the quarter was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Equities analysts anticipate that Digital Realty Trust, Inc. will post 8.06 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $1.22 per share. The ex-dividend date is Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.6%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.76%.

Digital Realty Trust 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.