Harbor Investment Advisory LLC Has $1.83 Million Position in Digital Realty Trust, Inc. $DLR

Harbor Investment Advisory LLC lowered its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 27.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 10,143 shares of the real estate investment trust’s stock after selling 3,836 shares during the period. Harbor Investment Advisory LLC’s holdings in Digital Realty Trust were worth $1,828,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Nordea Investment Management AB lifted its stake in shares of Digital Realty Trust by 53.1% in the fourth quarter. Nordea Investment Management AB now owns 673,347 shares of the real estate investment trust’s stock worth $104,288,000 after acquiring an additional 233,676 shares during the period. Bank of America Corp DE raised its holdings in Digital Realty Trust by 6.6% during the 3rd quarter. Bank of America Corp DE now owns 8,930,551 shares of the real estate investment trust’s stock worth $1,543,914,000 after purchasing an additional 553,907 shares during the last quarter. Barclays PLC raised its holdings in Digital Realty Trust by 90.2% during the 3rd quarter. Barclays PLC now owns 1,047,177 shares of the real estate investment trust’s stock worth $181,036,000 after purchasing an additional 496,534 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich acquired a new position in shares of Digital Realty Trust in the 3rd quarter worth approximately $3,093,000. Finally, Delta Global Management LP bought a new stake in shares of Digital Realty Trust in the 3rd quarter valued at $2,485,000. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on DLR. Wells Fargo & Company increased their price objective on shares of Digital Realty Trust from $195.00 to $220.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. BMO Capital Markets boosted their target price on shares of Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Sanford C. Bernstein upped their price target on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. TD Cowen lifted their price objective on Digital Realty Trust from $185.00 to $192.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Finally, Weiss Ratings lowered Digital Realty Trust from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $216.52.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock opened at $179.40 on Wednesday. The business has a 50-day simple moving average of $191.55 and a 200 day simple moving average of $177.86. Digital Realty Trust, Inc. has a one year low of $146.23 and a one 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 capitalization of $63.04 billion, a price-to-earnings ratio of 47.33, a PEG ratio of 5.18 and a beta of 1.02.

Digital Realty Trust (NYSE:DLR) last announced its quarterly 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 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 analyst estimates of $1.63 billion. During the same quarter in the prior year, the company earned $1.77 earnings per share. The company’s quarterly 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. On average, research analysts anticipate that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) 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.