Digital Realty Trust, Inc. $DLR Shares Sold by Rhumbline Advisers

Rhumbline Advisers cut its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 4.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 625,932 shares of the real estate investment trust’s stock after selling 28,560 shares during the period. Rhumbline Advisers owned approximately 0.18% of Digital Realty Trust worth $108,211,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Digital Realty Trust during the 2nd quarter valued at $3,808,270,000. Prudential Financial Inc. boosted its stake in Digital Realty Trust by 87.0% during the second quarter. Prudential Financial Inc. now owns 1,456,585 shares of the real estate investment trust’s stock valued at $253,926,000 after buying an additional 677,483 shares in the last quarter. Resolution Capital Ltd grew its holdings in Digital Realty Trust by 25.2% during the second quarter. Resolution Capital Ltd now owns 2,967,618 shares of the real estate investment trust’s stock worth $517,345,000 after acquiring an additional 596,420 shares during the period. Vanguard Group Inc. raised its position in Digital Realty Trust by 1.0% in the second quarter. Vanguard Group Inc. now owns 52,892,557 shares of the real estate investment trust’s stock worth $9,220,759,000 after acquiring an additional 513,697 shares in the last quarter. Finally, Balyasny Asset Management L.P. bought a new stake in shares of Digital Realty Trust in the 2nd quarter worth approximately $82,337,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $157.42, for a total value of $655,811.72. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.13% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have issued reports on DLR. JPMorgan Chase & Co. upped their price target on Digital Realty Trust from $200.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, October 24th. The Goldman Sachs Group boosted their price objective on Digital Realty Trust from $188.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Truist Financial boosted their price target on shares of Digital Realty Trust from $199.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Daiwa Securities Group assumed coverage on shares of Digital Realty Trust in a research note on Wednesday, October 22nd. They issued a “buy” rating and a $210.00 price objective for the company. Finally, Mizuho reduced their target price on Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating for the company in a report on Monday, January 12th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and an average target price of $191.70.

Digital Realty Trust Trading Up 1.1%

Shares of NYSE:DLR opened at $174.46 on Thursday. The firm has a fifty day moving average of $159.49 and a two-hundred day moving average of $165.50. The company has a quick ratio of 2.02, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 12-month low of $129.95 and a 12-month high of $182.48. The firm has a market capitalization of $59.93 billion, a P/E ratio of 48.46, a price-to-earnings-growth ratio of 3.82 and a beta of 1.12.

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

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.