Digital Realty Trust, Inc. $DLR Stock Position Lessened by GRS Advisors LLC

GRS Advisors LLC trimmed its holdings in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 47.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 104,375 shares of the real estate investment trust’s stock after selling 94,827 shares during the period. Digital Realty Trust makes up approximately 1.7% of GRS Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. GRS Advisors LLC’s holdings in Digital Realty Trust were worth $18,044,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Pinnacle Bancorp Inc. acquired a new position in shares of Digital Realty Trust during the 3rd quarter valued at $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 valued at $27,000 after buying an additional 115 shares during the period. Salomon & Ludwin LLC bought a new position in Digital Realty Trust during the third quarter valued at about $28,000. First Horizon Corp bought a new position in shares of Digital Realty Trust during the 3rd quarter valued at about $31,000. Finally, Harvest Fund Management Co. Ltd raised its holdings in shares of Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 165 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DLR. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Digital Realty Trust in a report on Monday, January 5th. They set a “buy” rating and a $180.00 target price for the company. Raymond James Financial reaffirmed a “strong-buy” rating and set a $210.00 price objective on shares of Digital Realty Trust in a research note on Thursday. TD Cowen reissued a “hold” rating on shares of Digital Realty Trust in a research report on Friday, February 6th. Bank of America reissued a “neutral” rating and set a $170.00 target price (down from $210.00) on shares of Digital Realty Trust in a research note on Thursday, January 8th. Finally, BMO Capital Markets raised their target price on Digital Realty Trust from $195.00 to $205.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $193.96.

Digital Realty Trust Stock Down 0.4%

Digital Realty Trust stock opened at $179.62 on Friday. The company has a market capitalization of $61.72 billion, a P/E ratio of 49.90, a P/E/G ratio of 3.99 and a beta of 1.12. The firm’s fifty day simple moving average is $169.75 and its 200-day simple moving average is $166.89. The company has a current ratio of 1.59, a quick ratio of 1.59 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.

Digital Realty Trust (NYSE:DLR) 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, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the company posted $1.73 EPS. The firm’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. Sell-side analysts forecast that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a $1.22 dividend. The ex-dividend date is Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.7%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 135.56%.

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.