Horst & Graben Wealth Management LLC Cuts Stake in Digital Realty Trust, Inc. $DLR

Horst & Graben Wealth Management LLC cut its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 32.8% during the 4th quarter, HoldingsChannel reports. The firm owned 10,851 shares of the real estate investment trust’s stock after selling 5,289 shares during the quarter. Horst & Graben Wealth Management LLC’s holdings in Digital Realty Trust were worth $1,679,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Security National Bank of Sioux City Iowa IA grew its stake in shares of Digital Realty Trust by 0.4% during the third 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 in the last quarter. PDS Planning Inc grew its stake in shares of Digital Realty Trust by 3.6% during the fourth quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock valued at $276,000 after acquiring an additional 62 shares in the last quarter. Clarius Group LLC grew its stake in shares of Digital Realty Trust by 3.2% during the fourth quarter. Clarius Group LLC now owns 2,024 shares of the real estate investment trust’s stock valued at $313,000 after acquiring an additional 63 shares in the last quarter. Commons Capital LLC grew its stake in shares of Digital Realty Trust by 4.6% during the third quarter. Commons Capital LLC now owns 1,463 shares of the real estate investment trust’s stock valued at $253,000 after acquiring an additional 64 shares in the last quarter. Finally, Scotia Capital Inc. grew its stake in shares of Digital Realty Trust by 0.9% during the third quarter. Scotia Capital Inc. now owns 7,379 shares of the real estate investment trust’s stock valued at $1,276,000 after acquiring an additional 64 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DLR has been the subject of several recent analyst reports. KeyCorp restated a “sector weight” rating on shares of Digital Realty Trust in a research note on Thursday, January 29th. Weiss Ratings upgraded Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 17th. Jefferies Financial Group raised their target price on Digital Realty Trust from $189.00 to $223.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Citigroup lowered their target price on Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Finally, Scotiabank raised their target price on Digital Realty Trust from $189.00 to $195.00 and gave the company a “sector outperform” rating in a research note on Tuesday, April 7th. Four analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $198.54.

Digital Realty Trust Stock Up 0.0%

NYSE:DLR opened at $203.70 on Monday. The company has a market capitalization of $69.99 billion, a price-to-earnings ratio of 56.58, a price-to-earnings-growth ratio of 4.51 and a beta of 1.07. Digital Realty Trust, Inc. has a one year low of $143.83 and a one year high of $204.21. The stock has a 50-day simple moving average of $180.71 and a 200 day simple moving average of $169.24. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.03. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.58 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period last year, the firm earned $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Sell-side analysts predict that Digital Realty Trust, Inc. will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is 135.56%.

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.