Van ECK Associates Corp Raises Holdings in Digital Realty Trust, Inc. $DLR

Van ECK Associates Corp grew its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 9.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 182,391 shares of the real estate investment trust’s stock after buying an additional 16,254 shares during the quarter. Van ECK Associates Corp’s holdings in Digital Realty Trust were worth $31,532,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of DLR. Security National Bank of Sioux City Iowa IA increased its stake in shares of Digital Realty Trust by 0.4% in the 3rd quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock valued at $2,478,000 after purchasing an additional 60 shares in the last quarter. Commons Capital LLC grew its holdings in Digital Realty Trust by 4.6% in the third quarter. Commons Capital LLC now owns 1,463 shares of the real estate investment trust’s stock valued at $253,000 after purchasing an additional 64 shares during the period. Zions Bancorporation National Association UT grew its holdings in Digital Realty Trust by 14.3% in the second quarter. Zions Bancorporation National Association UT now owns 520 shares of the real estate investment trust’s stock valued at $91,000 after purchasing an additional 65 shares during the period. Physician Wealth Advisors Inc. increased its position in shares of Digital Realty Trust by 11.2% in the third quarter. Physician Wealth Advisors Inc. now owns 646 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 65 shares in the last quarter. Finally, True North Advisors LLC raised its stake in shares of Digital Realty Trust by 5.4% during the 3rd quarter. True North Advisors LLC now owns 1,302 shares of the real estate investment trust’s stock worth $225,000 after buying an additional 67 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $180.60 on Thursday. The firm has a 50-day simple moving average of $168.75 and a 200-day simple moving average of $166.70. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $62.06 billion, a price-to-earnings ratio of 50.17, a price-to-earnings-growth ratio of 4.00 and a beta of 1.12. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $184.79.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.03. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. Digital Realty Trust’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s dividend payout ratio is presently 135.56%.

Analyst Ratings Changes

DLR has been the topic of a number of research analyst reports. Jefferies Financial Group lifted their price target on shares of Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a research note on Friday, February 6th. The Goldman Sachs Group increased their price objective on shares of Digital Realty Trust from $188.00 to $190.00 and gave the company a “buy” rating in a report on Friday, February 6th. BMO Capital Markets lifted their target price on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. Mizuho reduced their price target on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $170.00 price target (down from $210.00) on shares of Digital Realty Trust in a research note on Thursday, January 8th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $193.36.

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.