Global Wealth Management Investment Advisory Inc. raised its position in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 18.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 35,276 shares of the real estate investment trust’s stock after acquiring an additional 5,462 shares during the period. Global Wealth Management Investment Advisory Inc.’s holdings in Digital Realty Trust were worth $5,458,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in DLR. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Digital Realty Trust by 686.0% in 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 valued at $831,123,000 after acquiring an additional 4,195,862 shares during the period. Vanguard Group Inc. grew its holdings in Digital Realty Trust by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock worth $8,394,620,000 after acquiring an additional 854,828 shares in the last quarter. Alyeska Investment Group L.P. grew its holdings in Digital Realty Trust by 581.0% during the 3rd quarter. Alyeska Investment Group L.P. now owns 961,121 shares of the real estate investment trust’s stock worth $166,159,000 after acquiring an additional 819,982 shares in the last quarter. Resolution Capital Ltd boosted its holdings in shares of Digital Realty Trust by 25.2% in the 2nd quarter. Resolution Capital Ltd now owns 2,967,618 shares of the real estate investment trust’s stock valued at $517,345,000 after buying an additional 596,420 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Digital Realty Trust by 6.6% in the 3rd quarter. Bank of America Corp DE now owns 8,930,551 shares of the real estate investment trust’s stock valued at $1,543,914,000 after buying an additional 553,907 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. HSBC cut shares of Digital Realty Trust from a “buy” rating to a “hold” rating and increased their price target for the stock from $193.00 to $210.00 in a research note on Monday, April 27th. Citigroup reiterated an “outperform” rating on shares of Digital Realty Trust in a report on Monday, April 27th. Weiss Ratings upgraded shares of Digital Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 6th. Wolfe Research raised their price target on shares of Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. Finally, UBS Group raised their target price on shares of Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $213.86.
Digital Realty Trust Trading Down 0.5%
NYSE DLR opened at $195.29 on Wednesday. The stock has a market cap of $68.63 billion, a P/E ratio of 51.53, a PEG ratio of 5.33 and a beta of 1.06. The company’s fifty day simple moving average is $186.97 and its 200-day simple moving average is $171.83. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a 52 week low of $146.23 and a 52 week high of $208.14.
Digital Realty Trust (NYSE:DLR – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Equities research analysts predict that Digital Realty Trust, Inc. will post 8.06 EPS for the current fiscal year.
Digital Realty Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $1.22 per share. The ex-dividend date is Monday, June 15th. This represents a $4.88 annualized dividend and a yield of 2.5%. Digital Realty Trust’s payout ratio is presently 128.76%.
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.
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