KBC Group NV Has $51.73 Million Position in Digital Realty Trust, Inc. $DLR

KBC Group NV cut its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 30.9% in the first quarter, Holdings Channel.com reports. The fund owned 287,034 shares of the real estate investment trust’s stock after selling 128,589 shares during the quarter. KBC Group NV’s holdings in Digital Realty Trust were worth $51,726,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Nordea Investment Management AB boosted its holdings in Digital Realty Trust by 53.1% in the 4th quarter. Nordea Investment Management AB now owns 673,347 shares of the real estate investment trust’s stock valued at $104,288,000 after purchasing an additional 233,676 shares during the period. Nomura Asset Management Co. Ltd. increased its holdings in shares of Digital Realty Trust by 3.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock worth $92,557,000 after purchasing an additional 20,735 shares during the period. Legal & General Group Plc raised its position in shares of Digital Realty Trust by 5.9% during the fourth quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust’s stock valued at $619,956,000 after buying an additional 224,688 shares during the last quarter. Norges Bank bought a new stake in shares of Digital Realty Trust in the fourth quarter valued at about $3,402,995,000. Finally, Pacific Heights Asset Management LLC lifted its stake in shares of Digital Realty Trust by 20.0% in the fourth quarter. Pacific Heights Asset Management LLC now owns 150,000 shares of the real estate investment trust’s stock valued at $23,206,000 after buying an additional 25,000 shares during the period. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Performance

Shares of NYSE:DLR opened at $176.15 on Tuesday. The business’s fifty day moving average price is $185.22 and its two-hundred day moving average price is $180.08. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The stock has a market capitalization of $61.90 billion, a price-to-earnings ratio of 46.48, a price-to-earnings-growth ratio of 4.72 and a beta of 1.03. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59.

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 analysts’ consensus estimates of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last 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, analysts predict that Digital Realty Trust, Inc. will post 8.06 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 128.76%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DLR. Weiss Ratings upgraded Digital Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 14th. BTIG Research initiated coverage on Digital Realty Trust in a report on Friday, July 10th. They set a “buy” rating and a $215.00 price objective on the stock. Mizuho boosted their price objective on Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Wolfe Research raised their target price on Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. Finally, Wells Fargo & Company lifted their price target on shares of Digital Realty Trust from $195.00 to $220.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $216.17.

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.