Kingdom Financial Group LLC. Buys Shares of 3,571 Digital Realty Trust, Inc. $DLR

Kingdom Financial Group LLC. bought a new stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,571 shares of the real estate investment trust’s stock, valued at approximately $552,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of DLR. Vanguard Group Inc. boosted its stake in Digital Realty Trust by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock valued at $8,394,620,000 after buying an additional 854,828 shares during the period. Bank of America Corp DE grew its stake in Digital Realty Trust by 6.6% in the 3rd 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 in the last quarter. APG Asset Management US Inc. grew its stake in Digital Realty Trust by 0.3% in the 3rd 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 in the last quarter. Northern Trust Corp grew its stake in Digital Realty Trust by 9.1% in the 3rd quarter. Northern Trust Corp now owns 5,647,534 shares of the real estate investment trust’s stock worth $976,346,000 after buying an additional 471,384 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Digital Realty Trust by 686.0% in the 3rd 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 worth $831,123,000 after buying an additional 4,195,862 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Performance

Digital Realty Trust stock opened at $194.12 on Friday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. The firm has a 50-day moving average of $188.52 and a 200-day moving average of $172.65. The firm has a market cap of $68.22 billion, a P/E ratio of 51.22, a P/E/G ratio of 5.18 and a beta of 1.06. Digital Realty Trust, Inc. has a 1-year low of $146.23 and a 1-year high of $208.14.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. The business had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Sell-side analysts expect that Digital Realty Trust, Inc. will post 8.06 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued 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 dividend yield of 2.5%. Digital Realty Trust’s dividend payout ratio is 128.76%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on DLR. Mizuho increased their price objective on Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Wells Fargo & Company lifted their target price on shares of Digital Realty Trust from $195.00 to $220.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Citigroup reiterated an “outperform” rating on shares of Digital Realty Trust in a research report on Monday, April 27th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $211.00 target price on shares of Digital Realty Trust in a research report on Friday, May 1st. Finally, KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $215.89.

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.