Securian Asset Management Inc. Decreases Stake in Digital Realty Trust, Inc. $DLR

Securian Asset Management Inc. reduced its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 43.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,751 shares of the real estate investment trust’s stock after selling 6,672 shares during the period. Securian Asset Management Inc.’s holdings in Digital Realty Trust were worth $1,354,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Pinnacle Bancorp Inc. purchased a new stake in shares of Digital Realty Trust during the 3rd quarter worth $25,000. Sunbelt Securities Inc. raised its stake in shares of Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 125 shares during the last quarter. First Horizon Corp acquired a new position in shares of Digital Realty Trust during the 3rd quarter worth $31,000. Harvest Fund Management Co. Ltd raised its stake in shares of Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 165 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Digital Realty Trust during the 3rd quarter worth $34,000. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Jefferies Financial Group lifted their price target on Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. HSBC downgraded Digital Realty Trust from a “buy” rating to a “hold” rating and lifted their price target for the stock from $193.00 to $210.00 in a research note on Monday, April 27th. Mizuho lifted their price target on Digital Realty Trust from $180.00 to $217.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. UBS Group lifted their price target on Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average price target of $213.86.

Digital Realty Trust Stock Down 0.5%

NYSE DLR opened at $195.29 on Wednesday. The stock has a market cap of $68.63 billion, a PE ratio of 51.53, a P/E/G ratio of 5.33 and a beta of 1.06. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. The business has a 50 day moving average price of $186.97 and a two-hundred day moving average price of $171.83. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the prior year, the business posted $1.77 EPS. The business’s revenue was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, sell-side analysts predict that Digital Realty Trust, Inc. will post 8.06 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.5%. Digital Realty Trust’s dividend payout ratio is presently 128.76%.

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.