Meiji Yasuda America Inc Cuts Holdings in Digital Realty Trust, Inc. $DLR

Meiji Yasuda America Inc decreased its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 26.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,485 shares of the real estate investment trust’s stock after selling 4,905 shares during the period. Meiji Yasuda America Inc’s holdings in Digital Realty Trust were worth $2,430,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new position in shares of Digital Realty Trust in the 4th quarter valued at $3,402,995,000. Cohen & Steers Inc. raised its position in shares of Digital Realty Trust by 18.0% in the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after acquiring an additional 4,276,073 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Digital Realty Trust by 686.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust’s stock worth $831,123,000 after purchasing an additional 4,195,862 shares during the last quarter. Viking Global Investors LP purchased a new stake in shares of Digital Realty Trust during the 4th quarter worth $233,301,000. Finally, Price T Rowe Associates Inc. MD boosted its position in Digital Realty Trust by 78.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,190,797 shares of the real estate investment trust’s stock valued at $493,650,000 after purchasing an additional 1,405,791 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 1.7%

Shares of NYSE:DLR opened at $179.27 on Wednesday. The business’s 50-day moving average is $184.90 and its 200 day moving average is $180.25. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The firm has a market capitalization of $63.00 billion, a P/E ratio of 47.30, a P/E/G ratio of 4.80 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter last year, the company earned $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, research analysts predict that Digital Realty Trust, Inc. will post 8.04 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, June 15th. Digital Realty Trust’s dividend payout ratio is presently 128.76%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Morgan Stanley boosted their target price on shares of Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Sanford C. Bernstein raised their price target on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Scotiabank lifted their price objective on shares of Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a research report on Monday, April 27th. Citizens Jmp boosted their price objective on shares of Digital Realty Trust from $220.00 to $250.00 and gave the stock a “market outperform” rating in a research note on Monday, April 27th. Finally, BMO Capital Markets increased their target price on shares of Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average target price of $216.17.

Digital Realty Trust 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.