Wesbanco Bank Inc. raised its holdings in Digital Realty Trust, Inc. (NYSE:DLR – Free Report) by 12.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 63,960 shares of the real estate investment trust’s stock after purchasing an additional 6,836 shares during the period. Wesbanco Bank Inc.’s holdings in Digital Realty Trust were worth $9,895,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Digital Realty Trust by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock valued at $8,394,620,000 after purchasing an additional 854,828 shares during the period. Bank of America Corp DE grew its holdings in Digital Realty Trust by 6.6% in the third 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 purchasing an additional 553,907 shares during the period. APG Asset Management US Inc. grew its holdings in Digital Realty Trust by 0.3% in the third quarter. APG Asset Management US Inc. now owns 8,638,801 shares of the real estate investment trust’s stock valued at $1,481,122,000 after purchasing an additional 23,430 shares during the period. Northern Trust Corp grew its holdings in Digital Realty Trust by 9.1% in the third quarter. Northern Trust Corp now owns 5,647,534 shares of the real estate investment trust’s stock valued at $976,346,000 after purchasing an additional 471,384 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Digital Realty Trust by 686.0% in the third 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 purchasing an additional 4,195,862 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on DLR. JPMorgan Chase & Co. lifted their price target on Digital Realty Trust from $210.00 to $230.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Barclays lifted their price target on Digital Realty Trust from $182.00 to $189.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 16th. Citigroup reaffirmed an “outperform” rating on shares of Digital Realty Trust in a research note on Monday, April 27th. Weiss Ratings raised Digital Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. Finally, Jefferies Financial Group lifted their price target on Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. 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 company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $213.86.
Digital Realty Trust Stock Performance
Shares of NYSE:DLR opened at $195.27 on Friday. Digital Realty Trust, Inc. has a 1 year low of $146.23 and a 1 year high of $208.14. The firm has a market capitalization of $68.62 billion, a PE ratio of 51.52, a P/E/G ratio of 5.30 and a beta of 1.06. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. The business’s 50 day moving average price is $185.90 and its 200-day moving average price is $171.34.
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, hitting analysts’ consensus estimates of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The firm’s revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, equities research 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 business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a $1.22 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.5%. Digital Realty Trust’s dividend payout ratio (DPR) is 128.76%.
Digital Realty Trust Company 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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