WealthShield Partners LLC lowered its position in shares of Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 44.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,932 shares of the real estate investment trust’s stock after selling 8,102 shares during the quarter. WealthShield Partners LLC’s holdings in Digital Realty Trust were worth $1,790,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of DLR. Cherry Creek Investment Advisors Inc. boosted its position in shares of Digital Realty Trust by 0.3% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock valued at $3,378,000 after purchasing an additional 51 shares during the period. Columbia Bank lifted its stake in Digital Realty Trust by 0.9% during the first quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock valued at $1,111,000 after buying an additional 53 shares in the last quarter. GHP Investment Advisors Inc. lifted its stake in Digital Realty Trust by 9.1% during the first quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 55 shares in the last quarter. South Plains Financial Inc. increased its position in shares of Digital Realty Trust by 25.7% in the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 56 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of Digital Realty Trust by 2.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock valued at $372,000 after acquiring an additional 61 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research firms recently commented on DLR. BMO Capital Markets raised their price objective on shares of Digital Realty Trust from $205.00 to $220.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Morgan Stanley raised their target price on Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Mizuho upped their price target on Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Wolfe Research increased their price objective on Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. Finally, Jefferies Financial Group upped their target price on Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $216.75.
Digital Realty Trust Stock Up 0.6%
Shares of NYSE DLR traded up $1.06 during mid-day trading on Friday, reaching $180.39. The company had a trading volume of 2,439,011 shares, compared to its average volume of 3,780,014. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14. The stock’s 50 day moving average is $187.87 and its 200-day moving average is $179.03. The stock has a market capitalization of $63.39 billion, a PE ratio of 47.60, a price-to-earnings-growth ratio of 4.87 and a beta of 1.03.
Digital Realty Trust (NYSE:DLR – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter last year, the firm earned $1.77 earnings per share. The business’s revenue for the quarter 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, equities analysts anticipate that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.
Digital Realty Trust Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued 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 was Monday, June 15th. Digital Realty Trust’s payout ratio is currently 128.76%.
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.
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