Russell Investments Group Ltd. Raises Stock Position in Digital Realty Trust, Inc. $DLR

Russell Investments Group Ltd. grew its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 3.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,060,593 shares of the real estate investment trust’s stock after acquiring an additional 66,619 shares during the period. Russell Investments Group Ltd.’s holdings in Digital Realty Trust were worth $319,693,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of DLR. Centersquare Investment Management LLC increased its stake in shares of Digital Realty Trust by 5.0% during the third quarter. Centersquare Investment Management LLC now owns 3,118,869 shares of the real estate investment trust’s stock valued at $539,190,000 after buying an additional 149,770 shares during the period. Nordea Investment Management AB lifted its stake in 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 grew 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 acquiring an additional 553,907 shares in the last quarter. Barclays PLC increased its position 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 valued at $181,036,000 after purchasing an additional 496,534 shares during the period. Finally, Munich Reinsurance Co Stock Corp in Munich purchased a new position in Digital Realty Trust during the 3rd quarter valued at about $3,093,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on DLR shares. Citizens Jmp increased their price objective on shares of Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a research note on Monday, April 27th. Barclays boosted their price objective on shares of Digital Realty Trust from $182.00 to $189.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 16th. Deutsche Bank Aktiengesellschaft upped their target price on Digital Realty Trust from $196.00 to $220.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Evercore lifted their price target on Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Finally, Wolfe Research boosted their price target 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. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $215.89.

Digital Realty Trust Price Performance

Shares of DLR opened at $190.07 on Wednesday. The company has a 50 day moving average of $191.75 and a two-hundred day moving average of $175.77. 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 twelve month low of $146.23 and a twelve month high of $208.14. The company has a market cap of $66.79 billion, a price-to-earnings ratio of 50.15, a price-to-earnings-growth ratio of 5.02 and a beta of 1.02.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting 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 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 firm posted $1.77 earnings per share. The business’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. As a group, analysts predict 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 $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 2.6%. 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.