DigitalBridge Group Inc. Boosts Holdings in Digital Realty Trust, Inc. $DLR

DigitalBridge Group Inc. lifted its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 136.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,400 shares of the real estate investment trust’s stock after acquiring an additional 56,200 shares during the quarter. Digital Realty Trust accounts for approximately 1.3% of DigitalBridge Group Inc.’s portfolio, making the stock its 27th largest holding. DigitalBridge Group Inc.’s holdings in Digital Realty Trust were worth $16,839,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Fulcrum Asset Management LLP acquired a new position in Digital Realty Trust during the 3rd quarter worth approximately $133,000. Hancock Whitney Corp grew its position in Digital Realty Trust by 11.2% during the third quarter. Hancock Whitney Corp now owns 41,523 shares of the real estate investment trust’s stock worth $7,179,000 after buying an additional 4,171 shares during the period. NewEdge Advisors LLC increased its holdings in Digital Realty Trust by 4.7% in the third quarter. NewEdge Advisors LLC now owns 22,760 shares of the real estate investment trust’s stock valued at $3,935,000 after buying an additional 1,021 shares in the last quarter. Adelante Capital Management LLC lifted its position in shares of Digital Realty Trust by 13.8% during the 3rd quarter. Adelante Capital Management LLC now owns 463,235 shares of the real estate investment trust’s stock valued at $80,084,000 after acquiring an additional 56,099 shares during the period. Finally, Armistice Capital LLC purchased a new stake in shares of Digital Realty Trust during the 3rd quarter worth approximately $306,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Truist Financial raised their price objective on Digital Realty Trust from $200.00 to $202.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Raymond James Financial reissued a “strong-buy” rating and issued a $210.00 target price on shares of Digital Realty Trust in a report on Thursday, March 12th. Jefferies Financial Group raised their target price on shares of Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a report on Friday, February 6th. The Goldman Sachs Group increased their target price on Digital Realty Trust from $188.00 to $190.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Digital Realty Trust in a research report on Monday, January 5th. They set a “buy” rating and a $180.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $193.96.

Digital Realty Trust Stock Performance

Shares of DLR opened at $180.49 on Wednesday. Digital Realty Trust, Inc. has a 1 year low of $129.95 and a 1 year high of $184.79. The company’s 50 day simple moving average is $170.74 and its 200 day simple moving average is $167.03. The company has a market capitalization of $62.02 billion, a price-to-earnings ratio of 50.14, a PEG ratio of 4.01 and a beta of 1.12. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.03. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period last year, the company earned $1.73 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, sell-side analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, March 13th. Digital Realty Trust’s payout ratio is 135.56%.

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.