Digital Realty Trust, Inc. $DLR Position Lessened by S Bank Fund Management Ltd

S Bank Fund Management Ltd decreased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 14.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 32,905 shares of the real estate investment trust’s stock after selling 5,680 shares during the period. S Bank Fund Management Ltd’s holdings in Digital Realty Trust were worth $5,091,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. RFG Advisory LLC raised its stake in shares of Digital Realty Trust by 25.9% during the 4th quarter. RFG Advisory LLC now owns 1,752 shares of the real estate investment trust’s stock worth $271,000 after purchasing an additional 360 shares in the last quarter. Swedbank AB grew its stake in shares of Digital Realty Trust by 0.8% in the 4th quarter. Swedbank AB now owns 353,524 shares of the real estate investment trust’s stock valued at $54,694,000 after buying an additional 2,941 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Digital Realty Trust by 6.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 947,788 shares of the real estate investment trust’s stock worth $146,936,000 after buying an additional 58,206 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Digital Realty Trust by 8.2% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 159,308 shares of the real estate investment trust’s stock worth $24,647,000 after buying an additional 12,055 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its position in Digital Realty Trust by 2.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock valued at $372,000 after acquiring an additional 61 shares in the last quarter. 99.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on DLR shares. TD Cowen lifted 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. Truist Financial started coverage on shares of Digital Realty Trust in a report on Tuesday, March 31st. They set a “buy” rating and a $207.00 price target on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $215.00 price objective on shares of Digital Realty Trust in a research note on Friday, April 24th. Scotiabank upped their price objective on shares of Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a report on Monday, April 27th. Finally, Raymond James Financial increased their target price on shares of Digital Realty Trust from $210.00 to $235.00 and gave the stock a “strong-buy” rating in a research report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $213.86.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $196.69 on Wednesday. The firm has a market capitalization of $68.63 billion, a PE ratio of 51.90, a PEG ratio of 5.40 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. 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’s fifty day simple moving average is $185.09 and its 200 day simple moving average is $171.00.

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 (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. The company had revenue of $1.64 billion during 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 business’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, sell-side analysts anticipate that Digital Realty Trust, Inc. will post 8.05 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were issued a $1.22 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. Digital Realty Trust’s dividend payout ratio (DPR) is 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.