Entropy Technologies LP Reduces Stock Holdings in Digital Realty Trust, Inc. $DLR

Entropy Technologies LP lowered its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 68.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 3,631 shares of the real estate investment trust’s stock after selling 8,022 shares during the quarter. Entropy Technologies LP’s holdings in Digital Realty Trust were worth $654,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Sunbelt Securities Inc. lifted its position 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 worth $28,000 after purchasing an additional 125 shares during the period. Bell Investment Advisors Inc increased its position in shares of Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 62 shares during the period. Harvest Fund Management Co. Ltd increased its position in shares of Digital Realty Trust by 970.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 165 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Digital Realty Trust in the third quarter worth about $34,000. Finally, MCF Advisors LLC purchased a new stake in Digital Realty Trust in the fourth quarter worth about $35,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Wells Fargo & Company lifted their price objective on Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. BNP Paribas Exane raised their target price on Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Morgan Stanley lifted their price target on Digital Realty Trust from $210.00 to $215.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Scotiabank upped their price target on Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a research note on Monday, April 27th. Finally, KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Digital Realty Trust presently has an average rating of “Moderate Buy” and a consensus target price of $218.33.

Digital Realty Trust Stock Performance

Shares of DLR opened at $188.38 on Thursday. The company has a quick ratio of 1.59, a current ratio of 0.87 and a debt-to-equity ratio of 0.68. The stock has a market cap of $66.20 billion, a P/E ratio of 91.44, a P/E/G ratio of 5.48 and a beta of 1.03. The business’s 50 day moving average price is $184.80 and its 200-day moving average price is $181.68. 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) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period last year, the business earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities research analysts anticipate that Digital Realty Trust, Inc. will post 8.39 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. Digital Realty Trust’s payout ratio is currently 236.89%.

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.