Pacer Advisors Inc. Sells 10,141 Shares of Digital Realty Trust, Inc. $DLR

Pacer Advisors Inc. decreased its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 2.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 387,442 shares of the real estate investment trust’s stock after selling 10,141 shares during the quarter. Pacer Advisors Inc.’s holdings in Digital Realty Trust were worth $59,941,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. boosted its position in shares of Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 125 shares in the last quarter. First Horizon Corp acquired a new stake in shares of Digital Realty Trust during the 3rd quarter valued at about $31,000. Harvest Fund Management Co. Ltd boosted its position in shares of Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 165 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Digital Realty Trust during the 3rd quarter valued at about $34,000. Finally, Salomon & Ludwin LLC boosted its position in shares of Digital Realty Trust by 63.5% during the 4th quarter. Salomon & Ludwin LLC now owns 255 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 99 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

DLR has been the topic of several recent research reports. HSBC lowered shares of Digital Realty Trust from a “buy” rating to a “hold” rating and lifted their target price for the company from $193.00 to $210.00 in a research report on Monday, April 27th. Stifel Nicolaus lifted their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. lifted their target price on shares of Digital Realty Trust from $210.00 to $230.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Scotiabank lifted their target price on shares of Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. Finally, Wells Fargo & Company lifted their target price on shares of Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $214.37.

Digital Realty Trust Price Performance

NYSE:DLR opened at $193.06 on Thursday. The firm has a market cap of $67.84 billion, a PE ratio of 50.94, a price-to-earnings-growth ratio of 5.30 and a beta of 1.06. Digital Realty Trust, Inc. has a 12 month low of $146.23 and a 12 month high of $208.14. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. The company’s 50-day moving average price is $187.26 and its two-hundred day moving average price is $171.95.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, equities analysts anticipate 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 will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $1.22 dividend. The ex-dividend date is Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. Digital Realty Trust’s payout ratio 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.