Munich Reinsurance Co Stock Corp in Munich Acquires Shares of 17,892 Digital Realty Trust, Inc. $DLR

Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of Digital Realty Trust, Inc. (NYSE:DLR) in the third quarter, Holdings Channel reports. The firm bought 17,892 shares of the real estate investment trust’s stock, valued at approximately $3,093,000.

Several other institutional investors and hedge funds also recently made changes to their positions in DLR. Security National Bank of Sioux City Iowa IA grew its holdings 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 acquiring an additional 60 shares in the last quarter. Commons Capital LLC raised its holdings in Digital Realty Trust by 4.6% during the third quarter. Commons Capital LLC now owns 1,463 shares of the real estate investment trust’s stock worth $253,000 after acquiring an additional 64 shares in the last quarter. Zions Bancorporation National Association UT raised its holdings in Digital Realty Trust by 14.3% during the second quarter. Zions Bancorporation National Association UT now owns 520 shares of the real estate investment trust’s stock worth $91,000 after acquiring an additional 65 shares in the last quarter. Physician Wealth Advisors Inc. boosted its position in Digital Realty Trust by 11.2% during the third quarter. Physician Wealth Advisors Inc. now owns 646 shares of the real estate investment trust’s stock valued at $112,000 after purchasing an additional 65 shares during the last quarter. Finally, True North Advisors LLC grew its stake in Digital Realty Trust by 5.4% in the third quarter. True North Advisors LLC now owns 1,302 shares of the real estate investment trust’s stock valued at $225,000 after purchasing an additional 67 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on DLR shares. Stifel Nicolaus lowered their price target on Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Scotiabank decreased their target price on shares of Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating for the company in a research note on Wednesday, January 14th. TD Cowen restated a “hold” rating on shares of Digital Realty Trust in a report on Friday, February 6th. Weiss Ratings raised shares of Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 17th. Finally, HSBC set a $193.00 price target on shares of Digital Realty Trust and gave the company a “buy” rating in a research note on Thursday, January 15th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $193.36.

Digital Realty Trust Stock Performance

DLR opened at $176.21 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 12-month low of $129.95 and a 12-month high of $184.79. The business has a 50 day moving average of $167.28 and a 200-day moving average of $166.38. The stock has a market cap of $60.55 billion, a price-to-earnings ratio of 48.95, a PEG ratio of 3.90 and a beta of 1.12.

Digital Realty Trust (NYSE:DLR) last posted its 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. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period in the previous year, the firm earned $1.73 EPS. The firm’s revenue was up 13.8% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, equities research analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently disclosed 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 dividend yield of 2.8%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s payout ratio is currently 135.56%.

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.