Waterloo Capital L.P. Sells 15,217 Shares of Digital Realty Trust, Inc. $DLR

Waterloo Capital L.P. lessened its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 58.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,892 shares of the real estate investment trust’s stock after selling 15,217 shares during the period. Waterloo Capital L.P.’s holdings in Digital Realty Trust were worth $1,685,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. increased its stake in Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares during the period. Harvest Fund Management Co. Ltd increased its stake in Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 165 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Digital Realty Trust during the 3rd quarter worth $34,000. Hantz Financial Services Inc. increased its stake in Digital Realty Trust by 157.4% during the 4th quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 148 shares during the period. Finally, Salomon & Ludwin LLC increased its stake in Digital Realty Trust by 63.5% during the 4th quarter. Salomon & Ludwin LLC now owns 255 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 99 shares during the period. Institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

DLR has been the topic of a number of recent research reports. Scotiabank raised 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. Truist Financial reiterated a “buy” rating and issued a $208.00 price target (up from $207.00) on shares of Digital Realty Trust in a research note on Thursday, May 14th. BMO Capital Markets lifted their price target on Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $211.00 price target on shares of Digital Realty Trust in a research note on Friday, May 1st. Finally, BNP Paribas Exane lifted their price target on Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $215.89.

Digital Realty Trust Trading Down 0.0%

Shares of DLR opened at $189.94 on Monday. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The business’s fifty day moving average is $189.93 and its 200-day moving average is $173.61. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current 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.

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 for the quarter, hitting analysts’ consensus estimates of $0.46. The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.Digital Realty Trust’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.77 EPS. 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 fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors 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 payout ratio is currently 128.76%.

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.