Swedbank AB Cuts Stock Holdings in Digital Realty Trust, Inc. $DLR

Swedbank AB lessened its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 8.6% during the first quarter, Holdings Channel reports. The firm owned 323,140 shares of the real estate investment trust’s stock after selling 30,384 shares during the period. Swedbank AB’s holdings in Digital Realty Trust were worth $58,233,000 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 the company. Columbia Bank raised its position in shares of Digital Realty Trust by 0.9% in the 1st quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock worth $1,111,000 after buying an additional 53 shares during the period. GHP Investment Advisors Inc. grew its position in Digital Realty Trust by 9.1% during the first quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock valued at $118,000 after acquiring an additional 55 shares during the period. South Plains Financial Inc. increased its stake in Digital Realty Trust by 25.7% during the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 56 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its stake in Digital Realty Trust by 2.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock worth $372,000 after acquiring an additional 61 shares during the last quarter. Finally, PDS Planning Inc raised its holdings in shares of Digital Realty Trust by 3.6% in the 4th quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock worth $276,000 after purchasing an additional 62 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DLR. TD Cowen boosted their target price on Digital Realty Trust from $185.00 to $192.00 and gave the stock a “hold” rating in a report on Friday, April 24th. Citigroup reaffirmed an “outperform” rating on shares of Digital Realty Trust in a research report on Monday, April 27th. Morgan Stanley boosted their price objective on shares of Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. increased their price objective on shares of Digital Realty Trust from $210.00 to $230.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Finally, Wolfe Research lifted their target price on shares of Digital Realty Trust from $194.00 to $211.00 and gave the company an “outperform” rating in a report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Digital Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.81.

Digital Realty Trust Trading Up 0.6%

NYSE DLR opened at $174.71 on Wednesday. The stock has a market cap of $61.39 billion, a P/E ratio of 46.10, a PEG ratio of 4.72 and a beta of 1.03. The company’s fifty day simple moving average is $188.86 and its 200-day simple moving average is $178.62. 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) last released its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting 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 during the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the business earned $1.77 EPS. The business’s revenue 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. Equities research analysts predict that Digital Realty Trust, Inc. will post 8.05 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $1.22 per share. The ex-dividend date was Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust’s dividend payout ratio (DPR) 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.