Prudential PLC Trims Stock Position in Digital Realty Trust, Inc. $DLR

Prudential PLC trimmed its holdings in Digital Realty Trust, Inc. (NYSE:DLR) by 73.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 29,186 shares of the real estate investment trust’s stock after selling 80,358 shares during the period. Prudential PLC’s holdings in Digital Realty Trust were worth $4,515,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Sunbelt Securities Inc. increased its holdings in shares of Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 125 shares during the period. Harvest Fund Management Co. Ltd increased 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 valued at $31,000 after acquiring an additional 165 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Digital Realty Trust in the 3rd quarter valued at $34,000. Hantz Financial Services Inc. increased its holdings in shares of Digital Realty Trust by 157.4% in the 4th quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 148 shares during the period. Finally, Salomon & Ludwin LLC increased its holdings in shares of Digital Realty Trust by 63.5% in the 4th quarter. Salomon & Ludwin LLC now owns 255 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 99 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on DLR. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $215.00 target price on shares of Digital Realty Trust in a report on Friday, April 24th. Jefferies Financial Group lifted their target price on shares of Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a report on Friday, April 24th. BMO Capital Markets lifted their target price on shares of Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Morgan Stanley lifted their target price on shares of Digital Realty Trust from $210.00 to $215.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Finally, Citizens Jmp lifted their target price on shares of Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $215.89.

Digital Realty Trust Stock Performance

NYSE:DLR opened at $187.06 on Friday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust, Inc. has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The stock has a market cap of $65.73 billion, a PE ratio of 49.36, a price-to-earnings-growth ratio of 5.08 and a beta of 1.02. The firm’s fifty day simple moving average is $190.95 and its 200-day simple moving average is $174.38.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The business had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the prior year, the company posted $1.77 EPS. The business’s revenue for the quarter was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Analysts expect that Digital Realty Trust, Inc. will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) 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.