Payden & Rygel Sells 9,300 Shares of Digital Realty Trust, Inc. $DLR

Payden & Rygel trimmed its stake in Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 89.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,100 shares of the real estate investment trust’s stock after selling 9,300 shares during the period. Payden & Rygel’s holdings in Digital Realty Trust were worth $190,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. New York State Common Retirement Fund lifted its holdings in Digital Realty Trust by 7.1% during the third quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust’s stock valued at $40,379,000 after purchasing an additional 15,569 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Digital Realty Trust by 13.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 148,970 shares of the real estate investment trust’s stock valued at $25,545,000 after buying an additional 17,729 shares in the last quarter. OFI Invest Asset Management boosted its holdings in Digital Realty Trust by 37,575.7% in the 3rd quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust’s stock worth $46,896,000 after buying an additional 270,545 shares during the period. Gallacher Capital Management LLC purchased a new stake in Digital Realty Trust in the 3rd quarter worth $762,000. Finally, World Investment Advisors raised its holdings in Digital Realty Trust by 412.7% during the third quarter. World Investment Advisors now owns 11,003 shares of the real estate investment trust’s stock valued at $1,902,000 after acquiring an additional 8,857 shares during the period. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust News Summary

Here are the key news stories impacting Digital Realty Trust this week:

Insiders Place Their Bets

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.17% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on DLR shares. Bank of America reaffirmed a “neutral” rating and issued a $170.00 price objective (down previously from $210.00) on shares of Digital Realty Trust in a research note on Thursday, January 8th. Wall Street Zen cut Digital Realty Trust from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of Digital Realty Trust in a report on Monday, January 5th. They set a “buy” rating and a $180.00 price objective for the company. BMO Capital Markets boosted their target price on shares of Digital Realty Trust from $195.00 to $205.00 and gave the stock an “outperform” rating in a report on Tuesday, February 17th. Finally, Mizuho dropped their target price on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. Two 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $192.33.

Get Our Latest Research Report on DLR

Digital Realty Trust Stock Down 0.7%

NYSE DLR opened at $175.65 on Monday. The stock has a 50 day moving average price of $162.02 and a 200-day moving average price of $165.65. Digital Realty Trust, Inc. has a one year low of $129.95 and a one year high of $184.79. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59. The company has a market capitalization of $60.35 billion, a P/E ratio of 48.79, a P/E/G ratio of 3.89 and a beta of 1.12.

Digital Realty Trust (NYSE:DLRGet Free Report) last released its quarterly earnings results 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 company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the firm earned $1.73 earnings per share. Digital Realty Trust’s 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. As a group, equities analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a $1.22 dividend. The ex-dividend date is Friday, March 13th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.

Digital Realty Trust Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Digital Realty Trust (NYSE:DLR)

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