Strs Ohio Trims Stock Position in Digital Realty Trust, Inc. $DLR

Strs Ohio lowered its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 516,443 shares of the real estate investment trust’s stock after selling 23,924 shares during the period. Strs Ohio’s holdings in Digital Realty Trust were worth $79,899,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Pinnacle Bancorp Inc. purchased a new position in shares of Digital Realty Trust during the 3rd quarter valued at about $25,000. Salomon & Ludwin LLC purchased a new position in shares of Digital Realty Trust during the 3rd quarter valued at about $28,000. Sunbelt Securities Inc. raised its stake in shares of Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 125 shares during the last quarter. First Horizon Corp purchased a new position in shares of Digital Realty Trust during the 3rd quarter valued at about $31,000. Finally, Harvest Fund Management Co. Ltd raised its stake in shares of Digital Realty Trust by 970.6% during 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 buying an additional 165 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Mizuho lifted their price objective on Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Scotiabank lifted their price target on Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research note on Monday. Stifel Nicolaus lifted their price target on Digital Realty Trust from $230.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Evercore lifted their price target on Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a research note on Tuesday, April 21st. Finally, Citizens Jmp lifted their price target on Digital Realty Trust from $220.00 to $250.00 and gave the company a “market outperform” rating in a research note on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $213.86.

Digital Realty Trust Stock Down 0.0%

Shares of NYSE DLR opened at $200.84 on Friday. The stock has a market cap of $70.08 billion, a PE ratio of 52.99, a P/E/G ratio of 5.46 and a beta of 1.06. The company has a 50-day moving average of $184.67 and a 200 day moving average of $170.86. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. 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 (NYSE:DLR) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. The business had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, sell-side analysts predict that Digital Realty Trust, Inc. will post 8.05 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were issued a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Friday, March 13th. Digital Realty Trust’s payout ratio is currently 128.76%.

About Digital Realty Trust

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.