Huntington National Bank Acquires 15,228 Shares of Digital Realty Trust, Inc. $DLR

Huntington National Bank lifted its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 6.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 256,603 shares of the real estate investment trust’s stock after acquiring an additional 15,228 shares during the period. Huntington National Bank’s holdings in Digital Realty Trust were worth $44,361,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DLR. Ninepoint Partners LP bought a new position in Digital Realty Trust in the 3rd quarter worth approximately $1,532,000. Dunhill Financial LLC lifted its holdings in shares of Digital Realty Trust by 42.4% in the third quarter. Dunhill Financial LLC now owns 386 shares of the real estate investment trust’s stock worth $67,000 after buying an additional 115 shares in the last quarter. Gentry Private Wealth LLC bought a new position in shares of Digital Realty Trust during the third quarter worth $429,000. Ibex Wealth Advisors grew its stake in Digital Realty Trust by 1.4% during the third quarter. Ibex Wealth Advisors now owns 41,899 shares of the real estate investment trust’s stock valued at $7,243,000 after acquiring an additional 571 shares in the last quarter. Finally, Banco Santander S.A. increased its holdings in Digital Realty Trust by 24.2% in the 3rd quarter. Banco Santander S.A. now owns 2,557 shares of the real estate investment trust’s stock valued at $442,000 after acquiring an additional 498 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on DLR shares. 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 research report on Wednesday, February 11th. HSBC set a $193.00 price target on Digital Realty Trust and gave the company a “buy” rating in a report on Thursday, January 15th. Bank of America reiterated a “neutral” rating and set a $170.00 target price (down from $210.00) on shares of Digital Realty Trust in a research report on Thursday, January 8th. Citigroup reduced their price target on shares of Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Finally, Jefferies Financial Group lifted 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. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $192.33.

Insider Activity

In related news, Director Mary Hogan Preusse sold 4,166 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.13% of the company’s stock.

Digital Realty Trust Stock Up 0.4%

NYSE DLR opened at $177.03 on Friday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 52 week low of $129.95 and a 52 week high of $184.79. The firm has a market capitalization of $60.83 billion, a price-to-earnings ratio of 49.18, a PEG ratio of 3.90 and a beta of 1.12. The company has a fifty day moving average of $164.77 and a two-hundred day moving average of $165.97.

Digital Realty Trust (NYSE:DLR) last released its earnings results 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 firm had revenue of $1.63 billion during 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%. The business’s revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the business earned $1.73 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, analysts predict that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio is currently 135.56%.

Digital Realty Trust 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.