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

Payden & Rygel lowered its position in Digital Realty Trust, Inc. (NYSE:DLRFree Report) by 89.4% during the 3rd quarter, HoldingsChannel reports. The fund 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 quarter.

A number of other large investors have also recently made changes to their positions in DLR. Security National Bank of Sioux City Iowa IA raised its position in 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 worth $2,478,000 after purchasing an additional 60 shares during the period. Telos Capital Management Inc. boosted its position in shares of Digital Realty Trust by 0.8% during the second quarter. Telos Capital Management Inc. now owns 8,089 shares of the real estate investment trust’s stock valued at $1,410,000 after buying an additional 64 shares during the period. Zions Bancorporation National Association UT boosted its position in shares of Digital Realty Trust by 14.3% during the second quarter. Zions Bancorporation National Association UT now owns 520 shares of the real estate investment trust’s stock valued at $91,000 after buying an additional 65 shares during the period. Physician Wealth Advisors Inc. grew its stake in shares of Digital Realty Trust by 11.2% during the third quarter. Physician Wealth Advisors Inc. now owns 646 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 65 shares during the last quarter. 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 worth $225,000 after buying an additional 67 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust Stock Performance

Shares of Digital Realty Trust stock opened at $175.65 on Monday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. The stock’s fifty day moving average price is $162.02 and its 200-day moving average price is $165.65. The firm has a market cap 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, Inc. has a 12 month low of $129.95 and a 12 month high of $184.79.

Digital Realty Trust (NYSE:DLRGet Free Report) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.03. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period 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, equities research analysts expect that Digital Realty Trust, Inc. will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

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 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 135.56%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. UBS Group set a $189.00 price objective on Digital Realty Trust in a report on Wednesday, January 14th. Barclays upgraded Digital Realty Trust from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $161.00 to $164.00 in a research report on Tuesday, January 13th. Moffett Nathanson boosted their target price on shares of Digital Realty Trust from $166.00 to $172.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Stifel Nicolaus reduced their price target on shares of Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Finally, Wall Street Zen lowered shares of Digital Realty Trust from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th. Two investment 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’s stock. According to data from MarketBeat.com, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average price target of $192.33.

Check Out Our Latest Stock Report on DLR

Insider Buying and Selling

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

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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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