Digital Realty Trust, Inc. $DLR Shares Sold by Stance Capital LLC

Stance Capital LLC cut its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 96.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 266 shares of the real estate investment trust’s stock after selling 7,109 shares during the quarter. Stance Capital LLC’s holdings in Digital Realty Trust were worth $46,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in DLR. Vanguard Group Inc. grew 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 during the period. Norges Bank acquired a new position in Digital Realty Trust during the second quarter worth $3,808,270,000. State Street Corp lifted its holdings in Digital Realty Trust by 1.9% during the second quarter. State Street Corp now owns 20,405,760 shares of the real estate investment trust’s stock valued at $3,557,336,000 after purchasing an additional 376,699 shares in the last quarter. Bank of America Corp DE grew its position in shares of Digital Realty Trust by 6.6% in the third quarter. Bank of America Corp DE now owns 8,930,551 shares of the real estate investment trust’s stock valued at $1,543,914,000 after purchasing an additional 553,907 shares during the period. Finally, APG Asset Management US Inc. grew its position in shares of Digital Realty Trust by 0.3% in the third quarter. APG Asset Management US Inc. now owns 8,638,801 shares of the real estate investment trust’s stock valued at $1,481,122,000 after purchasing an additional 23,430 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Down 0.9%

DLR opened at $178.86 on Thursday. 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’s 50 day simple moving average is $171.22 and its two-hundred day simple moving average is $167.12. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $184.79. The firm has a market capitalization of $61.46 billion, a price-to-earnings ratio of 49.68, a price-to-earnings-growth ratio of 3.99 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, beating analysts’ consensus estimates of $1.83 by $0.03. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the prior year, the firm posted $1.73 earnings per share. Digital Realty Trust’s quarterly revenue was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

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

Analysts Set New Price Targets

Several research firms have commented on DLR. Citigroup cut their price objective on Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Sanford C. Bernstein began coverage on Digital Realty Trust in a research note on Thursday, March 5th. They issued an “outperform” rating and a $218.00 price target on the stock. 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. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Finally, TD Cowen reaffirmed a “hold” rating on shares of Digital Realty Trust in a research note on Friday, February 6th. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $194.68.

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.