Easterly Investment Partners LLC Acquires 2,781 Shares of Digital Realty Trust, Inc. $DLR

Easterly Investment Partners LLC raised its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 106,342 shares of the real estate investment trust’s stock after buying an additional 2,781 shares during the period. Digital Realty Trust comprises 1.0% of Easterly Investment Partners LLC’s holdings, making the stock its 17th largest position. Easterly Investment Partners LLC’s holdings in Digital Realty Trust were worth $16,452,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. SCS Capital Management LLC increased its stake in Digital Realty Trust by 0.4% during the 4th quarter. SCS Capital Management LLC now owns 32,714 shares of the real estate investment trust’s stock valued at $5,099,000 after purchasing an additional 115 shares in the last quarter. Reaves W H & Co. Inc. increased its stake in Digital Realty Trust by 26.2% during the 4th quarter. Reaves W H & Co. Inc. now owns 94,303 shares of the real estate investment trust’s stock valued at $14,590,000 after purchasing an additional 19,570 shares in the last quarter. Peapack Gladstone Financial Corp increased its stake in Digital Realty Trust by 0.9% during the 4th quarter. Peapack Gladstone Financial Corp now owns 29,864 shares of the real estate investment trust’s stock valued at $4,621,000 after purchasing an additional 270 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its stake in Digital Realty Trust by 3.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock valued at $92,557,000 after purchasing an additional 20,735 shares in the last quarter. Finally, MUFG Securities EMEA plc increased its stake in Digital Realty Trust by 1,659.1% during the 4th quarter. MUFG Securities EMEA plc now owns 107,937 shares of the real estate investment trust’s stock valued at $16,699,000 after purchasing an additional 101,801 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE DLR opened at $189.94 on Monday. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. 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 firm has a market cap of $66.75 billion, a price-to-earnings ratio of 50.12, a PEG ratio of 5.16 and a beta of 1.03. The company has a fifty day moving average price of $189.93 and a 200-day moving average price of $173.61.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 analyst estimates of $1.63 billion. During the same quarter in the prior year, the business posted $1.77 EPS. The business’s revenue 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 research analysts predict that Digital Realty Trust, Inc. will post 8.06 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $1.22 dividend. The ex-dividend date is Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. Digital Realty Trust’s dividend payout ratio is presently 128.76%.

Analyst Ratings Changes

A number of analysts have commented on the stock. Jefferies Financial Group boosted their price target 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. Wells Fargo & Company boosted their price target on shares of Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Cantor Fitzgerald restated an “overweight” rating and set a $211.00 price target on shares of Digital Realty Trust in a research note on Friday, May 1st. Mizuho upped their target price on shares of Digital Realty Trust from $180.00 to $217.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Finally, Evercore upped their target price on shares of Digital Realty Trust from $200.00 to $230.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $215.89.

Digital Realty Trust Company 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.