Digital Realty Trust, Inc. $DLR Shares Sold by OneAscent Financial Services LLC

OneAscent Financial Services LLC trimmed its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 35.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,033 shares of the real estate investment trust’s stock after selling 3,263 shares during the period. OneAscent Financial Services LLC’s holdings in Digital Realty Trust were worth $933,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Digital Realty Trust by 1.6% in the 4th 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. Norges Bank acquired a new stake in shares of Digital Realty Trust in the 4th quarter valued at approximately $3,402,995,000. Geode Capital Management LLC lifted its holdings in shares of Digital Realty Trust by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 9,234,073 shares of the real estate investment trust’s stock valued at $1,423,373,000 after buying an additional 197,180 shares during the period. Bank of America Corp DE lifted its holdings in shares of 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 valued at $1,543,914,000 after buying an additional 553,907 shares during the period. Finally, APG Asset Management US Inc. lifted its holdings in shares of 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 valued at $1,481,122,000 after buying an additional 23,430 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on DLR shares. Stifel Nicolaus raised their price target on Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a report on Friday, April 24th. HSBC cut Digital Realty Trust from a “buy” rating to a “hold” rating and raised their price target for the company from $193.00 to $210.00 in a report on Monday, April 27th. Citigroup reissued an “outperform” rating on shares of Digital Realty Trust in a report on Monday, April 27th. Weiss Ratings raised Digital Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 6th. Finally, UBS Group upped their target price on Digital Realty Trust from $225.00 to $227.00 and gave the company a “buy” rating in a research note on Friday, April 24th. One 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 data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $215.89.

Digital Realty Trust Stock Down 0.9%

Shares of NYSE:DLR opened at $187.06 on Friday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a 52-week low of $146.23 and a 52-week high of $208.14. The stock’s fifty day simple moving average is $190.95 and its 200-day simple moving average is $174.38. The company has a market capitalization of $65.73 billion, a P/E ratio of 49.36, a P/E/G ratio of 5.08 and a beta of 1.02.

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 (EPS) for the quarter, meeting the consensus estimate of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the prior year, the business earned $1.77 earnings per share. The business’s revenue was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, equities research analysts forecast that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. Digital Realty Trust’s dividend payout ratio is currently 128.76%.

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.