Pacific Heights Asset Management LLC Increases Stock Position in Digital Realty Trust, Inc. $DLR

Pacific Heights Asset Management LLC increased its position in Digital Realty Trust, Inc. (NYSE:DLR) by 20.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 150,000 shares of the real estate investment trust’s stock after acquiring an additional 25,000 shares during the period. Pacific Heights Asset Management LLC’s holdings in Digital Realty Trust were worth $23,206,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Pinnacle Wealth Management Advisory Group LLC raised its holdings in Digital Realty Trust by 2.6% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock worth $372,000 after acquiring an additional 61 shares during the last quarter. PDS Planning Inc raised its holdings in Digital Realty Trust by 3.6% in the 4th quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock worth $276,000 after acquiring an additional 62 shares during the last quarter. Clarius Group LLC raised its holdings in Digital Realty Trust by 3.2% in the 4th quarter. Clarius Group LLC now owns 2,024 shares of the real estate investment trust’s stock worth $313,000 after acquiring an additional 63 shares during the last quarter. Commons Capital LLC raised its holdings in Digital Realty Trust by 4.6% in the 3rd quarter. Commons Capital LLC now owns 1,463 shares of the real estate investment trust’s stock worth $253,000 after acquiring an additional 64 shares during the last quarter. Finally, Scotia Capital Inc. raised its stake in Digital Realty Trust by 0.9% during the 3rd quarter. Scotia Capital Inc. now owns 7,379 shares of the real estate investment trust’s stock valued at $1,276,000 after buying an additional 64 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Up 0.0%

Shares of DLR stock opened at $188.52 on Monday. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The firm has a fifty day moving average price of $187.67 and a 200-day moving average price of $172.11. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. The company has a market cap of $66.25 billion, a price-to-earnings ratio of 49.74, a PEG ratio of 5.12 and a beta of 1.06.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data 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 net margin of 21.73% and a return on equity of 6.05%. The firm had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the previous year, the firm posted $1.77 EPS. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, equities analysts predict that Digital Realty Trust, Inc. will post 8.06 earnings per share 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. Stockholders of record on Monday, June 15th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. Digital Realty Trust’s payout ratio is presently 128.76%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DLR. Truist Financial reiterated a “buy” rating and set a $208.00 target price (up from $207.00) on shares of Digital Realty Trust in a research note on Thursday. Jefferies Financial Group boosted their target price on shares of Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Citizens Jmp boosted their target price on shares of Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a research note on Monday, April 27th. TD Cowen boosted their target price on shares of Digital Realty Trust from $185.00 to $192.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Finally, Mizuho boosted their target price on shares of Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus target price of $214.41.

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.