Digital Realty Trust, Inc. $DLR Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets lowered its position in Digital Realty Trust, Inc. (NYSE:DLR) by 25.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 476,320 shares of the real estate investment trust’s stock after selling 164,171 shares during the quarter. BNP Paribas Financial Markets’ holdings in Digital Realty Trust were worth $82,346,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Security National Bank of Sioux City Iowa IA increased its holdings in shares of Digital Realty Trust by 0.4% in the 3rd quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock valued at $2,478,000 after acquiring an additional 60 shares during the period. Commons Capital LLC grew its position in Digital Realty Trust by 4.6% during the 3rd quarter. Commons Capital LLC now owns 1,463 shares of the real estate investment trust’s stock worth $253,000 after purchasing an additional 64 shares during the last quarter. Physician Wealth Advisors Inc. grew its position in Digital Realty Trust by 11.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 646 shares of the real estate investment trust’s stock worth $112,000 after purchasing an additional 65 shares during the last quarter. Zions Bancorporation National Association UT increased its stake in Digital Realty Trust by 12.5% in the third quarter. Zions Bancorporation National Association UT now owns 585 shares of the real estate investment trust’s stock valued at $101,000 after purchasing an additional 65 shares during the period. Finally, True North Advisors LLC raised its holdings in shares of Digital Realty Trust by 5.4% in the third quarter. True North Advisors LLC now owns 1,302 shares of the real estate investment trust’s stock valued at $225,000 after buying an additional 67 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Trading Down 0.2%

NYSE DLR opened at $180.21 on Friday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $61.92 billion, a P/E ratio of 50.06, a P/E/G ratio of 4.00 and a beta of 1.12. Digital Realty Trust, Inc. has a 52-week low of $129.95 and a 52-week high of $184.79. The firm has a 50-day moving average price of $169.26 and a 200 day moving average price of $166.79.

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 for the quarter, beating analysts’ consensus estimates of $1.83 by $0.03. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the company earned $1.73 EPS. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities research analysts expect that Digital Realty Trust, Inc. will post 7.07 EPS for the current year.

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, March 13th. Digital Realty Trust’s dividend payout ratio is currently 135.56%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Mizuho decreased 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 note on Monday, January 12th. BMO Capital Markets upped their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. Truist Financial increased their price objective 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 reiterated a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Finally, Bank of America reissued a “neutral” rating and issued a $170.00 target price (down from $210.00) on shares of Digital Realty Trust in a report on Thursday, January 8th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $193.96.

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.