Zevin Asset Management LLC Sells 5,101 Shares of Digital Realty Trust, Inc. $DLR

Zevin Asset Management LLC decreased its position in Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 6.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,632 shares of the real estate investment trust’s stock after selling 5,101 shares during the quarter. Digital Realty Trust accounts for approximately 1.8% of Zevin Asset Management LLC’s holdings, making the stock its 21st largest holding. Zevin Asset Management LLC’s holdings in Digital Realty Trust were worth $12,557,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of DLR. Vanguard Group Inc. lifted its stake in Digital Realty Trust by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 53,405,531 shares of the real estate investment trust’s stock valued at $9,232,748,000 after acquiring an additional 512,974 shares in the last quarter. Norges Bank acquired a new stake in shares of Digital Realty Trust in the second quarter valued at approximately $3,808,270,000. State Street Corp lifted its position in shares of Digital Realty Trust by 1.9% in the second quarter. State Street Corp now owns 20,405,760 shares of the real estate investment trust’s stock worth $3,557,336,000 after purchasing an additional 376,699 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Digital Realty Trust by 2.3% during the second quarter. Geode Capital Management LLC now owns 8,850,818 shares of the real estate investment trust’s stock worth $1,536,795,000 after purchasing an additional 196,579 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its position in Digital Realty Trust by 3.0% in the second quarter. Canada Pension Plan Investment Board now owns 7,356,429 shares of the real estate investment trust’s stock valued at $1,282,446,000 after purchasing an additional 211,692 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $157.42, for a total value of $655,811.72. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.17% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on DLR shares. Jefferies Financial Group increased their price objective on shares of Digital Realty Trust from $184.00 to $189.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Scotiabank reduced their price target on Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 14th. Truist Financial boosted their price target on Digital Realty Trust from $200.00 to $202.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Raymond James Financial cut their price objective on Digital Realty Trust from $205.00 to $195.00 and set a “strong-buy” rating for the company in a report on Wednesday, February 11th. Finally, Stifel Nicolaus lowered their target price on shares of Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $192.33.

Check Out Our Latest Report on DLR

Key Headlines Impacting Digital Realty Trust

Here are the key news stories impacting Digital Realty Trust this week:

Digital Realty Trust Price Performance

NYSE:DLR opened at $175.65 on Monday. The firm’s fifty day moving average price is $162.02 and its two-hundred day moving average price is $165.65. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59. The company has a market cap of $60.35 billion, a P/E ratio of 48.79, a P/E/G ratio of 3.89 and a beta of 1.12. Digital Realty Trust, Inc. has a one year low of $129.95 and a one year high of $184.79.

Digital Realty Trust (NYSE:DLRGet Free Report) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, topping the consensus estimate of $1.83 by $0.03. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate 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 revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.73 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be 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 is Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 135.56%.

Digital Realty Trust Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.