Sequoia Financial Advisors LLC Has $6.08 Million Holdings in Digital Realty Trust, Inc. $DLR

Sequoia Financial Advisors LLC grew its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 11.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,745 shares of the real estate investment trust’s stock after buying an additional 3,531 shares during the period. Sequoia Financial Advisors LLC’s holdings in Digital Realty Trust were worth $6,081,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the stock. Norges Bank bought a new position in Digital Realty Trust during the fourth quarter worth $3,402,995,000. Cohen & Steers Inc. raised its holdings in shares of Digital Realty Trust by 18.0% during the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock valued at $4,332,366,000 after purchasing an additional 4,276,073 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Digital Realty Trust by 686.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust’s stock valued at $831,123,000 after purchasing an additional 4,195,862 shares during the period. Viking Global Investors LP bought a new position in shares of Digital Realty Trust during the 4th quarter worth about $233,301,000. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Digital Realty Trust by 78.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,190,797 shares of the real estate investment trust’s stock valued at $493,650,000 after buying an additional 1,405,791 shares during the period. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock opened at $180.39 on Monday. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. The business has a 50 day moving average price of $187.87 and a 200-day moving average price of $179.22. The company has a market cap of $63.39 billion, a PE ratio of 47.60, a price-to-earnings-growth ratio of 4.90 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the previous year, the firm earned $1.77 earnings per share. Digital Realty Trust’s quarterly revenue 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 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $1.22 dividend. The ex-dividend date was Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. Digital Realty Trust’s dividend payout ratio is currently 128.76%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Wells Fargo & Company upped their price target on Digital Realty Trust from $195.00 to $220.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. 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. Wolfe Research boosted their price objective on Digital Realty Trust from $194.00 to $211.00 and gave the company an “outperform” rating in a report on Monday, April 6th. TD Cowen upped their target price on Digital Realty Trust from $185.00 to $192.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Finally, HSBC cut Digital Realty Trust from a “buy” rating to a “hold” rating and increased their target price for the stock from $193.00 to $210.00 in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $216.75.

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.