NEOS Investment Management LLC Boosts Stock Position in Digital Realty Trust, Inc. $DLR

NEOS Investment Management LLC lifted its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 68.6% in the third quarter, Holdings Channel.com reports. The fund owned 68,007 shares of the real estate investment trust’s stock after purchasing an additional 27,667 shares during the period. NEOS Investment Management LLC’s holdings in Digital Realty Trust were worth $11,757,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pinnacle Bancorp Inc. bought a new position in Digital Realty Trust in the 3rd quarter worth about $25,000. South Plains Financial Inc. lifted its holdings in shares of Digital Realty Trust by 280.5% in the second quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 115 shares in the last quarter. Tobam bought a new position in shares of Digital Realty Trust in the second quarter valued at approximately $28,000. Salomon & Ludwin LLC purchased a new position in Digital Realty Trust during the third quarter valued at approximately $28,000. Finally, First Horizon Corp bought a new stake in Digital Realty Trust during the 3rd quarter worth approximately $31,000. 99.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on DLR shares. The Goldman Sachs Group raised their price target on shares of Digital Realty Trust from $188.00 to $190.00 and gave the company a “buy” rating in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft initiated coverage on Digital Realty Trust in a research note on Monday, January 5th. They set a “buy” rating and a $180.00 price objective for the company. Weiss Ratings lowered Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, January 23rd. Raymond James Financial dropped their price target 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. Finally, Loop Capital set a $205.00 price objective on Digital Realty Trust in a report on Monday, October 27th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $191.70.

Digital Realty Trust Stock Performance

Shares of NYSE DLR opened at $179.68 on Wednesday. The stock has a market cap of $61.72 billion, a price-to-earnings ratio of 49.91, a P/E/G ratio of 4.00 and a beta of 1.12. The company has a current ratio of 1.59, a quick ratio of 2.02 and a debt-to-equity ratio of 0.81. Digital Realty Trust, Inc. has a 1-year low of $129.95 and a 1-year high of $184.79. The stock’s 50-day moving average is $160.89 and its 200 day moving average is $165.55.

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

Insider Activity at Digital Realty Trust

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.17% of the company’s stock.

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.